Base Power Company reposted this
Base Power Company just revealed how it’s spending some of the $1 billion it raised in October. The startup’s plan is to build one of the nation’s largest fleets of home batteries for CoServ outside Dallas–Fort Worth. Base Power will work to install 100 megawatts of home battery capacity in the utility's territory over the next two years. That's a scale that matches a natural-gas-fired peaker plant — a type of small power plant that fires up when demand is highest. While building a new gas peaker could take around five years of permitting and construction, Base Power can deliver the capacity in two years by striking deals with homeowners and installing each system in a day, said Tim Pianta, the company’s head of utility partnerships.