Southern California Edison just revealed the list of energy storage companies it has selected to help meet local capacity requirements.
"Its a big, big announcement," said Stem CEO John Carrington.
It's going to be a big week for the energy storage industry. Southern California Edison (SCE) just announced its latest procurement contract -- and energy storage is a major winner. GTM expects to see more than 250 megawatts of energy storage projects selected for this RFO.
It's certainly a big week for Stem, which was selected to provide 85 megawattsof distributed storage to serve as flexible capacity in the West Los Angeles Basin. This is the first time behind-the-meter storage is going head to head with traditional assets on this scale, and it has implications for other regions looking to tackle grid congestion.