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Talen Energy Unveils 1GW of Battery Storage Projects (Ind. Report)
Talen Energy
Date: 2021-05-03
In the Lone Star State, The Woodlands-based Talen Energy Corporation -- one of North America's largest competitive power generation and infrastructure companies -- reports that as part of its strategic transformation to a renewable energy and digital infrastructure growth platform, the company is developing one gigawatt of stand-alone battery storage projects across its U.S. footprint.

The battery projects, which range from 20 to approximately 300 MW across three states, are expected to be developed over the next three to five years. The projects will leverage the company's advantaged asset footprint and legacy transmission interconnection assets, including those within densely populated areas with high power demand. The battery storage installations will support grid resiliency as Talen's wholly-owned coal-fired facilities transition to run on lower carbon fuels, including natural gas and co-located renewables.

Talen's first two planned battery storage development projects are 20-MW demonstration projects adjacent to its H.A. Wagner (Baltimore, Md.) and Camden, N.J. generation facilities. The H.A. Wagner generation facility is among the coal-fired facilities that Talen announced will cease burning coal by the end of 2025The Camden battery project is expected to serve as an added capacity resource adjacent to this natural gas generation facility. The company expects to begin construction on these demonstration projects in Q4 2021.

Talen Energy owns and/or controls approximately 13,000 MW of generating capacity in wholesale U.S. power markets, principally in the Mid-Atlantic, Texas and Montana. (Source: Talen Energy, PR, 3 May, 2021) Contact: Talen Energy, Alex Hernandez, Pres., Olivia Sigo, Dir. Finance & Investor Relations, 281-203-5387 Olivia.Sigo@talenenergy.com, www.talenenergy.com

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