80-MWh storage project coming to Dominion Energy Virginia territory
Energy storage developer East Point Energy has sold the 20-MW/80-MWh Dry Bridge Energy Storage project to Dominion Energy Virginia. The project will likely be the largest energy storage system in Virginia when it becomes operational in 2022.
“East Point was founded on the premise that renewable energy from sources such as wind and solar is cost-effective but inherently intermittent,” said Andrew Foukal, CEO of East Point Energy. “Therefore, energy storage is essential to enable a renewable, resilient and affordable electricity grid. We would like to thank Dominion Energy for their strong partnership on this groundbreaking project.”
Dominion Energy acquired Dry Bridge as part of the company’s 2020 Clean Energy Request for Proposals. Under the Virginia Clean Economy Act, Dominion Energy will build or acquire 2,700 MW of energy storage capacity by 2035, and by 2045, 100% of electricity sales in Virginia must come from clean energy sources.
News item from East Point Energy