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Energy Vault selects Plug Power to Supply 8 MW of Hydrogen Fuel Cells as part of hybrid microgrid back-up system for PG&E and the city of Calistoga
Energy Vault to Participate at Plug’s Analyst Day on June 14, 2023 Innovative design combining Plug Fuel Cells with Lithium-Ion Batteries Will Displace Diesel

About this update from Plug Power, Inc.
[{"type":"text","content":"Energy Vault to Participate at Plug’s Analyst Day on June 14, 2023 Innovative design combining Plug Fuel Cells with Lithium-Ion Batteries Will Displace Diesel Generators to Power Microgrid During Wildfires and Other Emergencies in California Wine Country LATHAM, N.Y., June 09, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced it will discuss the new partnership and including software collaboration with Energy Vault Holdings, Inc. at its analyst day in Rochester on June 14th. Energy Vault has designed and will integrate for the city of Calistoga, a hybrid microgrid system that includes an 8 MW (megawatts) hydrogen fuel cell stationary power for the first of its kind hybrid microgrid (battery plus green hydrogen) that will be used during times of wildfires and other emergencies. This will be the largest planned hydrogen powered fuel cell installation in the United States. The California Public Utility Commission (CPUC) requires that state utility grid operators shut off power during severe weather to help prevent wildfires. Energy Vault designed a carbon free solution combining a small portion of short duration batteries to support black start and grid forming requirements with green hydrogen-fed fuel cells for 48 hour+ storage duration to eliminate the need for PG&E to rent mobile diesel generators to provide backup power in Calistoga during these Public Safety Power Shutoff (PSPS) events. For the ultra-long duration need and multi-day discharge, Energy Vault chose Plug’s PEM (proton exchange membrane) fuel cells as it can offer cleaner, more operationally flexible, and more cost-effective power to the microgrid. The power from the new microgrid will be dispatched and optimized by Vault-OS, the technology neutral energy management digital platform developed by Energy Vault. “Our agreement with Energy Vault marks a huge step forward for hydrogen fuel cells in the microgrid market and represents the future of utility power back-up,” said Andy Marsh, CEO of Plug. “Green hydrogen is uniquely positioned to solve the need for clean long-duration energy storage in at-risk communities like Calistoga that are susceptible to power interruptions. Energy Vault’s unique energy storage integration platform, for short, long, and multi-day du...