Overview
- Equinor’s US unit East Point Energy put the Citrus Flatts 100 MW/200 MWh battery into commercial operation on Thursday, Sept. 3, at a site in Harlingen, Texas.
- Citrus Flatts is East Point’s second operating project after the 10 MW/20 MWh Sunset Ridge and marks the fifth battery Equinor has placed into service over four years.
- Both Texas projects will run on a fully merchant basis in ERCOT with Danske Commodities managing market operations, meaning the batteries buy electricity when prices are low, sell when prices rise, and provide grid services to earn revenue.
- Equinor is also building four battery projects in Virginia’s PJM market totalling 80 MW/160 MWh that the company expects to place into service in early 2027.
- Company executives say the projects will boost local tax revenue and grid reliability as Texas adds large amounts of solar and storage, though merchant assets face price risk that the firm plans to manage through active trading and portfolio optimisation.