Largest Battery Energy Storage Project in Oklahoma and Southwest Power Pool History Will Support Grid Reliability and Growing Energy Demand
CHARLOTTE, N.C. – Deriva Energy announced today that the Oklahoma Corporation Commission has approved the Frontier Energy Storage Project, allowing the largest battery storage project in Oklahoma and Southwest Power Pool history to move forward. The 302-megawatt battery storage facility will be constructed in Kay County, Oklahoma, in partnership with Oklahoma Gas & Electric (OG&E). Construction is expected to begin later this year, with the project entering service in 2028.
Frontier Energy Storage was selected through a competitive procurement process as a cost-effective solution to help meet growing electricity demand while strengthening grid reliability for Oklahoma customers. OG&E has seen electricity demand rise 25% over the past five years and now serves nearly 40,000 more customers than in 2021. Once operational, Frontier will provide critical energy storage capacity that can dispatch power when it is needed most, improving system flexibility and efficiency across the region.
Under a Build Transfer Agreement, Deriva Energy will develop and construct the facility before transferring ownership to OG&E for long-term operation. The project reflects years of collaboration between Deriva Energy and OG&E to advance a reliable, cost-effective energy solution for Oklahoma customers. Together, the two companies worked through project development, engineering, permitting, and regulatory review to bring Frontier to this milestone.
“Frontier has been part of my work for years, so reaching this point is really meaningful,” said Jeff Neves, Senior Director, Development. “Projects of this scale take persistence, trust and an extraordinary amount of coordination. I’m incredibly proud of the Deriva team and grateful to our partners at OG&E for continuing to work with us through every stage. Seeing Frontier move forward is a moment I know many of us will remember.”
“Frontier reflects the very best of Deriva,” said John Clapp, Chief Executive Officer. “Our team identified an important need, brought the right talents together and stayed committed through years of complex work. I’m proud not only of what we are building, but of how our professionals and partners worked together to make it possible.”
The approval follows years of project development, stakeholder engagement, engineering analysis, and regulatory review. As the largest energy storage project in Oklahoma and Southwest Power Pool history, Frontier represents a milestone not only for Deriva Energy and OG&E, but for the continued evolution of energy infrastructure across the region.
Contact: press@derivaenergy.com
About Deriva Energy
Deriva Energy is an established U.S. renewable IPP industry leader with 7 GWs of wind, solar, and storage assets operating and under construction and a robust late-stage multi-gigawatt pipeline of projects in development. A portfolio company of Brookfield — one of the world’s largest owners of renewable power assets — Deriva brings institutional backing and deep industry expertise to the clean energy transition. For more information about Deriva, visit derivaenergy.com.
