Equinor’s East Point Energy begins operations at 200MWh Texas BESS
AI-summarised brief · reviewed before publication
Equinor’s Texas‑based subsidiary East Point Energy has commissioned the 100 MW/200 MWh Citrus Flatts battery energy storage system (BESS) in Harlingen, marking the company’s second operational project after the 10 MW/20 MWh Sunset Ridge facility. The project, approved in 2024, operates on a fully merchant basis with optimisation services from Equinor’s trading arm, Danske Commodities, and is expected to deliver returns at the upper end of the firm’s 4‑8 % renewable range. Citrus Flatts joins five other Equinor BESS installations launched over the past four years and signals the firm’s shift from developer to independent power producer. Construction continues on a 80 MW/160 MWh portfolio in Virginia, while a planned 116 MW New York BESS was shelved after local opposition.
💡 Why It Matters
- · The launch demonstrates Equinor’s rapid scaling of merchant‑grade storage in a market where revenue streams are increasingly contested, positioning the firm to capture higher‑margin grid services.