Luminant, a subsidiary of Vistra Energy (NYSE: VST), today announced that it has been awarded a $1 million grant from the Texas Commission on Environmental Quality for its Upton 2 battery energy storage system project. The New Technology Implementation Grant program is a part of the Texas Emissions Reduction Plan.
The battery system will be located on the site of Luminant's 180-megawatt Upton 2 Solar Power Plant, Texas' largest operating solar facility. The batteries will capture excess solar energy produced during the day and release the energy in late afternoon and early evening, when demand is highest.
Once complete, the 10-MW/42-MWh lithium-ion energy storage system at Upton 2 will be the largest in Texas and the seventh-largest in the United States.
The company expects the project to be operational in late 2018. Upton 2 Solar Power Plant is located near McCamey in Upton County, Texas.
Luminant, a subsidiary of Vistra Energy (NYSE: VST), is a competitive power generation business, including mining, wholesale marketing and trading, and development operations. Luminant has approximately 41,000 megawatts of generation across 12 states, powered by a diverse portfolio of natural gas, nuclear, coal, and solar facilities. Vistra Energy is a premier, integrated power company based in Texas, combining an innovative, customer-centric approach to retail with a focus on safe, reliable, and efficient power generation. Visit luminant.com and vistraenergy.com for additional information.