Magnet Storage
426.7 MW hybrid in Borden, TX · In queue since July 2025 · Proposed COD July 2029
426.7 MW
Capacity
0
Components
10 months
In Queue
—
IA Status
COD target: 2029
Total Duration
4 years
Interconnection request submitted to ISO/RTO
ERCOT uses a serial "connect and manage" approach — fastest among major ISOs.
Typical: 18–30 months (fastest major ISO)
Interconnection agreement not yet executed
Typical: 30–60 days (negotiation)
Proposed COD: 2029-07-15
The Magnet Storage project is a proposed 426.7 MW hybrid battery energy storage project located in Borden County, Texas. Developed by HyFuels Big Spring LLC, the project consists of battery energy storage and other unspecified technologies. It is currently active in the ERCOT interconnection queue as entry ERCOT-28INR0298, with a queue entry date of July 29, 2025, and a proposed commercial operation date of July 15, 2029.
The point of interconnection for the Magnet Storage project is the Faraday 345 kV Substation (#59905). The project has appeared in recent news coverage regarding energy storage development in Texas.
Generated from interconnection queue and public data sources
State
TX
County
Borden
Grid Region
ERCOT (Texas)
Market
ISO/RTO Member
Developer
HyFuels Big Spring LLC
Utility
—
Entity
ERCOT
Service Type
—
Point of Interconnection
Faraday 345 kV Substation (#59905)
Data Source
Live · ERCOT
- ISO / RTO
- ERCOT
- Trading Hub
- HB_WEST
- Hub Confidence
- MEDIUM
- POI Substation
- Faraday Substation
This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.
