El Paso Electric targets to add 370 MW of solar energy and battery storage by 2023
Post date: 31/01/2019 - 19:35
Texas utility El Paso Electric (EPE) has identified generation resource additions needed by the 2022 to 2023 summer peak season. The generation mix includes utility scale solar, battery storage, and natural gas. Through initial resource planning studies, EPE determined that it requires additional generating capacity of approximately 50 MW by 2022 and 320 MW by 2023 for a total of 370 MW. After evaluation of the competitive 2017 Requests for Proposals for Electric Power Supply and Load Management Resources (RFP), the winning bids include the expected energy purchase of 200 MW of utility scale solar resources, 100 MW of battery storage, and 226 MW natural gas. EPE also expects to pursue the purchase of 50 to 150 MW of wind and solar generated power to provide for fuel diversity and energy cost savings.
According to the company, the mix of new capacity »underscores EPE’s strategic goal to remain at the forefront in advancing renewable energy and expanding its overall energy portfolio with cost-effective, diverse and competitive-based energy resources for its customers.«