To help manage battery storage and renewable energy assets, Habitat Energy signed an agreement with UBS Asset Management’s Real Estate & Private Markets business to optimize battery storage assets in four standalone projects in Texas.

Long-duration energy storage installation.

Image: Habitat Energy

Energy storage is ramping up at the grid scale both to meet an energy mix increasingly dominated by renewables and to meet U.S. federal and state net zero goals in the next two decades. Wood Mackenzie grid-storage analyst Vanessa Witte recently forecast 65 GW of energy storage projects will be necessary through 2026 to meet these goals.

Texas, which is growing tremendous solar capacity is also installing a Texas-size share of energy storage. BloombergNEF analyst Helen Kou forecasts that 8.9 GW/35.6 GWh of storage will be installed in the ERCOT region through 2030.

To help manage battery storage and renewable energy…