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Benzinga
Benzinga
Business
Akanksha Bakshi

ESS Collaborates With Portland General Electric To Demonstrate Utility-Scale Platform

  • ESS Tech Inc (NYSE:GWH) has agreed with Portland General Electric Co (NYSE:POR) in Oregon to test and demonstrate the ESS Energy Center platform. Deal terms were not disclosed.
  • The 3 MWh Energy Center is expected to come online in mid-2022 and be used to demonstrate multiple use cases, including frequency response, contingency reserve, voltage and VAR support, demand response, and resource optimization.
  • The project will be located adjacent to ESS' factory headquarters in Wilsonville, Oregon.
  • The Energy Center is the ESS "battery-in-a-building" platform designed for utility-scale, front-of-meter applications that decouple power and storage capacity to enable up to GW-scale projects with variable storage durations ranging up to 12 hours.
  • Price Action: GWH shares are trading lower by 1.00% at $8.95 and POR higher by 0.29% at $52.67 during the market session on Thursday.
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