In a recent government meeting, officials discussed a significant battery storage project projected to span approximately 9.5 acres with an estimated total cost of $262 million. The project aims to generate around 150 megawatts of battery power, with construction anticipated to begin in late 2027 and power production expected to start in 2029.

The project, which will be developed under a Power Purchase Agreement (PPA) with PNM for a duration of 20 years, seeks to address fluctuations in energy supply, particularly from renewable sources like solar and wind. Officials highlighted the importance of battery storage in managing grid stability, especially during periods of excess energy production.

The meeting also touched on the technology behind the batteries, specifically lithium iron phosphate (LFP) batteries, which are noted for their safety and lower environmental impact compared to previous battery technologies. LFP batteries do not require significant water resources for operation, unlike fossil fuel generation, and have a smaller physical footprint.

Local labor will be prioritized for construction, with an estimated $51 million allocated for labor costs. The land acquisition for the project is relatively minor, estimated at only $5,000,000.

Commissioners expressed their intent to move forward with the project, with plans to return for further discussions and potential ordinance approval in December. This initiative reflects a broader commitment to enhancing energy storage capabilities and supporting the transition to renewable energy sources.