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Released August 12, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Midwest region, which includes Iowa, Kansas, Minnesota, Missouri, North Dakota, Nebraska and South Dakota, could be home to an additional 1 gigawatt (GW) of future battery-energy storage system (BESS) capacity through an Orsted A/S (Fredericia, Denmark) joint venture.
Ørsted's joint venture with Mission Clean Energy, a utility-scale renewable energy and storage developer, will build four unnamed, standalone battery-energy storage systems in the Midwest region. "We look forward to working with Mission Clean Energy under this unique partnership to accelerate the expansion of storage projects across the Midwest," said James Giamarino, chief commercial officer of Ørsted, in a press release.
"Ørsted will utilize its capital to secure and maintain interconnection queue positions for the four storage projects owned by Mission, while Mission will continue to lead development of the projects," the company said. They have submitted interconnection applications for the projects, totaling 1 GW, in the Mid-Continent Independent System Operator (MISO) Central and North regions. Ørsted will have the option to acquire an ownership stake in the projects as they move forward.
Ørsted has a total U.S. land-based capacity of more than 5 GW across wind, solar, storage technologies and e-fuels, according to the press release. This partnership is the company's first standalone battery-storage partnership both in the U.S. and worldwide.
Industrial Info is tracking BESS projects across the U.S. Midwest, including two systems co-located with solar projects from Alliant Energy Corporation (NASDAQ:LNT) (Madison, Wisconsin) in Iowa that are expected to wrap up around the end of the year: the 75-MW BESS at its Wever solar-plus-storage project in Lee County, and the 25-MW BESS at its Creston solar-plus-storage project in Union County. According to Alliant, both projects will connect to the transmission grid directly through a local substation.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed information on the Wever and Creston projects.
Another Midwest project is the 150-MW, $225 million BESS component of the Split Rail solar-plus-storage project in Warrenton, Missouri. The project, which is planned to be in service in 2026, is being developed by Invenergy LLC (Chicago, Illinois), but it will be transferred to the Missouri electric utility of Ameren Corporation (NYS:AEE) (St. Louis, Missouri) under a build-transfer agreement. Kiewit Corporation (Lenexa, Kansas) began construction in June.
Subscribers can read project reports for the BESS and solar components.
Ameren Missouri provides power to 2.4 million customers across the central and eastern portions of the state, which includes the St. Louis metropolitan area. As of June, the utility aims to connect an additional 800 MW of battery storage in its service area connected to the MISO grid by the mid-2030s--half of which would be added by 2030 and the other 400 MW by 2035.
Subscribers to the GMI database can click here for all project reports mentioned in this article and click here for related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Ørsted's joint venture with Mission Clean Energy, a utility-scale renewable energy and storage developer, will build four unnamed, standalone battery-energy storage systems in the Midwest region. "We look forward to working with Mission Clean Energy under this unique partnership to accelerate the expansion of storage projects across the Midwest," said James Giamarino, chief commercial officer of Ørsted, in a press release.
"Ørsted will utilize its capital to secure and maintain interconnection queue positions for the four storage projects owned by Mission, while Mission will continue to lead development of the projects," the company said. They have submitted interconnection applications for the projects, totaling 1 GW, in the Mid-Continent Independent System Operator (MISO) Central and North regions. Ørsted will have the option to acquire an ownership stake in the projects as they move forward.
Ørsted has a total U.S. land-based capacity of more than 5 GW across wind, solar, storage technologies and e-fuels, according to the press release. This partnership is the company's first standalone battery-storage partnership both in the U.S. and worldwide.
Industrial Info is tracking BESS projects across the U.S. Midwest, including two systems co-located with solar projects from Alliant Energy Corporation (NASDAQ:LNT) (Madison, Wisconsin) in Iowa that are expected to wrap up around the end of the year: the 75-MW BESS at its Wever solar-plus-storage project in Lee County, and the 25-MW BESS at its Creston solar-plus-storage project in Union County. According to Alliant, both projects will connect to the transmission grid directly through a local substation.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed information on the Wever and Creston projects.
Another Midwest project is the 150-MW, $225 million BESS component of the Split Rail solar-plus-storage project in Warrenton, Missouri. The project, which is planned to be in service in 2026, is being developed by Invenergy LLC (Chicago, Illinois), but it will be transferred to the Missouri electric utility of Ameren Corporation (NYS:AEE) (St. Louis, Missouri) under a build-transfer agreement. Kiewit Corporation (Lenexa, Kansas) began construction in June.
Subscribers can read project reports for the BESS and solar components.
Ameren Missouri provides power to 2.4 million customers across the central and eastern portions of the state, which includes the St. Louis metropolitan area. As of June, the utility aims to connect an additional 800 MW of battery storage in its service area connected to the MISO grid by the mid-2030s--half of which would be added by 2030 and the other 400 MW by 2035.
Subscribers to the GMI database can click here for all project reports mentioned in this article and click here for related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
