ENGIE reaches more than 1.8 GW of Battery Energy Storage Systems installed capacity in the U.S., of which 1 GW added since January 2024

Press release

23  September 2024

ENGIE reaches more than 1.8 GW of Battery Energy

Storage Systems installed capacity in the U.S., of which 1 GW added since January 2024

 

ENGIE announces it has reached more than 1.8 GW of Battery Energy Storage System (BESS) capacity in operation across the United States, confirming its rapid growth in Battery Energy Storage Systems (BESS) to meet the needs of the grid. Since the beginning of 2024, the Group added around 1 GW of new BESS capacity to its operating portfolio in North America. This new milestone strengthens ENGIE's position as a leader of the energy transition in the United States, where the Group already has significant footprints through its renewable assets and its energy management platform.

With 24 projects now operating across the U.S., of which 6 were commissioned this year, ENGIE is among the largest operators of BESS in the country, and one of the largest independent operator of batteries supporting the ERCOT system in Texas.

The growth in ENGIE’s BESS fleet was accelerated by the pivotal acquisition of industry leader Broad Reach Power (BRP) in august 2023. The successful integration of BRP has not only added to ENGIE’s existing portfolio of development projects, but critically included industry leading solutions, expertise and experience. ENGIE now brings increased flexibility to the grid, allowing a better integration of renewable energies and thus contributes to speed up the energy transition.  

“The development of flexibility assets such as BESS will play an essential role in ensuring the reliability and resilience of the energy system in which the share of renewables is constantly increasing. Following the strategic acquisition of Broad Reach Power in 2023, ENGIE is rapidly accelerating in batteries development, with the objective to reach 10 GW of installed capacity worldwide by 2030.” said Sebastien Arbola, Executive Vice President in charge of Flex Gen & Retail activities. 

ENGIE operates both stand-alone BESS projects ranging from 10 MW to 200 MW as well as colocated facilities alongside large solar projects such as the 320 MW Five Wells solar in Bell County, TX.

The ENGIE portfolio of BESS provides dispatchable energy, which in total is now capable of providing around 1.8 GWh across the combination of ERCOT and CAISO – ready to dispatch at a moment’s notice. It also provides critical ancillary services to help maintain grid reliability and stability.

In addition to the growing storage portfolio, ENGIE has some 8 GW of solar and wind projects in operation or construction across North America. The combination of renewables and the increasing growth in storage capacity supports ENGIE’s leading role in the energy transition for North America.

 

 

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About ENGIE

ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. 

Turnover in 2023: €82.6 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and nonfinancial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).

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Tour T1 - 1 place Samuel de Champlain - Faubourg de l'Arche - 92930 Paris La Défense cedex - France                  

ENGIE - SA AU CAPITAL DE 2 435 285 011 EUROS - RCS NANTERRE 542 107 651 - Tel: +33 (0)1 44 22 00 00               engie.com