This week's awards: Long-Duration Energy Storage (LDES) Demonstrations Program's Multiday Iron Air Demonstration (MIND)
Office of Clean Energy Demonstrations
June 5, 2024
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On Wednesdays, OCED will announce the latest projects that have successfully completed award negotiations. OCED will only issue an Award Wednesday notification on weeks when an award has been finalized.
AWARD ANNOUNCEMENTS
Long-Duration Energy Storage (LDES) Demonstrations Program
Multiday Iron Air Demonstration (MIND)
OCED awarded the LDES MIND project, led by Xcel Energy and in collaboration with Form Energy, more than $4.3 million (of the total project federal cost share of up to $70 million) in federal funding to conduct Phases 1 and 2 of its project plan to deploy two 10MW 100-hour LDES systems at two retiring coal plants—one in Becker, MN and one in Pueblo, CO. This battery storage system uses iron-air technology that is optimized to store electricity for 100 hours at costs competitive with legacy power plants. During Phases 1 and 2, which are expected to last 7-12 months, Xcel Energy will undergo planning, design, permitting, and other development activities to prepare the project to begin construction in Phase 3.
View the project factsheet and Community Benefits Commitments summary here. Learn more about engagement opportunities here.
