Consumers Energy closer to meeting clean energy goals with battery purchase agreement

JACKSON, Mich., June 24, 2024 /PRNewswire/ — Consumers Energy today announced an agreement that will add 100 megawatts of battery energy storage through a partnership with Consumers Energy The power of Jupiter. The agreement represents a significant milestone towards the company’s goal of achieving 550 megawatts of storage capacity by 2040.

“Battery storage is a key part of our Clean Power Plan, improving efficiency and reliability as we transition away from coal towards renewable fuel sources like solar and wind,” he said David Hicks, Consumers Energy’s vice president of clean energy development. “We look forward to working with Jupiter to meet this need as we continue our journey towards achieving our ambitious clean energy goals.”

Battery energy storage systems (BESS) store and distribute energy from renewable sources such as wind and solar, enabling more energy to be captured and reducing the overall cost of electricity. Used in conjunction with energy efficiency improvements, demand response and grid modernization, BESS will accelerate the transition to renewable energy without sacrificing affordability or a reliable grid.

“As the first investor in the development of battery energy storage projects in… Michigan“Jupiter is excited to provide consumers with cost-competitive energy storage solutions that help them achieve their storage and clean energy goals,” he said Malina herself, Jupiter’s vice president for insurrection. “Jupiter’s long-term 100 MW power purchase agreement with consumers represents our investment in dispatchable battery energy storage in Michigansupplementing the state’s wind, solar and conventional resources to provide reliable energy.

While Consumers Energy plans to build its own 75-megawatt storage facility by 2027, the facility, to be built in partnership with The power of Jupiter IN Cold waterwill add to the growing number of storage systems already in operation across the state, including Kalamazoo, Cadillac, Grand Rapids AND Standard.

Consumer Energy is Michigan largest energy supplier, providing natural gas and/or electricity to 6.8 million of the state’s 10 million residents in all 68 Lower Peninsula counties. Consumers Energy’s Clean Power Plan calls for eliminating coal as an energy source by 2025, achieving net zero carbon emissions and meeting 90 percent of customers’ energy needs through clean sources, including wind and solar.

Jupiter is a leading energy storage infrastructure platform offering advanced trading, analytics, development, finance, operations and construction capabilities and unmatched intellectual property in shipping optimization. The company implements projects with a capacity of over 11,000 MW California Down Maineand has offices in Austin AND Houston, TexasAND Chicago, Illinois. For more information about Jupiter Power LLC, please visit our Twitter, LinkedIn and Facebook pages or visit www.jupiterpower.io.

More information about Consumers Energy can be found on the website ConsumersEnergy.com.

Check out Consumers Energy on social media

Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy
Instagram: https://www.instagram.com/consumersenergy

SOURCE Consumers Energy