6 FAQs about Boston Battery Energy Storage Company

What is a battery energy storage system?

We strive to fortify the energy future of Massachusetts and the New England power grid. Battery energy storage systems (BESS) are revolutionizing grid stability. They act as "energy reservoirs," storing excess power during times of low demand and releasing it when demand surges.

How do battery energy storage systems improve grid stability?

Battery energy storage systems (BESS) are revolutionizing grid stability. They act as "energy reservoirs," storing excess power during times of low demand and releasing it when demand surges. This smooths out fluctuations, preventing blackouts and enhancing overall grid reliability.

Will Massachusetts help Boston-power build a new energy storage facility?

Enabling energy storage to continue to flourish in Massachusetts, state officials are working closely with Boston-Power to pursue state and federal financial incentives that will help the company to fulfill its plans of building the Auburn facility.

Could Boston-area battery companies power electric cars and smart grids?

Formed out of research at MIT, Worcester Polytechnic Institute and other nearby research institutions, these companies are developing technology that could power electric vehicles and smart grids of the future. Venture capital firms are betting big on Boston-area battery companies, too.

Who makes a solid-state battery?

Factorial Energy manufactures solid-state batteries that allow electric vehicles to drive 50 percent longer than conventional lithium-ion batteries, according to the company. The Woburn-based company launched from stealth last year and has raised $240 million, including a $200 million Series D in January.

Are venture capital firms betting on Boston-area battery companies?

Venture capital firms are betting big on Boston-area battery companies, too. In fact, three local battery businesses raised funds in October and now plan to supercharge their operations.

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