Millions of dollars have been budgeted by Federal and State Governments, along with concerned private corporations, to study and develop means to store energy for release in the future as needed.
After receiving 2 million dollars from the department of energy towards the overall cost of 6 million, the PNM project is positioned to install a lead acid battery system capable of delivering energy on demand from a 500 kilowatt photovoltaic array.
The unprecedented 2-4 megawatt hours of electrical storage will be used primarily to balance off peak demand and to power air conditioning according to a document from the Department of Energy.
The construction, not far from the community of Mesa Del Sol, just off of I-25, is called the Prosperity Energy Storage Project. It lies just south of Albuquerque International Sunport.
Please read the entire story from http://www.solarhbj.com/ here.
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