A FORMER EXXON OIL storage facility on an industrial plot of land just four miles from downtown Boston could be Massachusetts’s ticket to a green energy future — and lower utility bills.
Bay State officials announced Friday they are entering contract negotiations with four companies to procure nearly 1,300 megawatts of battery storage. More than half of the storage would come from the largest bidder, the Trimount project in Everett.
There, project developers have already begun remediation work and removed 21 of 22 old oil storage tankers that have been idling for years on the site, from which the Encore casino and Boston’s skyline are in view. It’s part of a larger effort to reshape the 100-acre property in Everett, including apartment complexes and an entertainment district.
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