EDF joins Downing on 50MW UK storage space
- Energy company selected as route-to-market and trading companion on the battery project
Investment supervisor Downing has actually chosen EDF as route-to-market and also trading companion for a 50MW battery storage space project in England.
The project is expected to connect to the grid as well as begin procedures in August 2021.
It will certainly attach directly to National Grid's transmission system and the aspiration for the 2nd stage of the project is to create a private cable network and also an utility range electric vehicle billing incredibly center in Nursling, Southampton.
EDF elderly supervisor PPA and also flexibility options Adam Clarke claimed: "We are incredibly happy Downing has picked EDF for a lasting collaboration.
" We are delighted to be collaborating on their first 50MW battery storage project which will certainly see EDF provide accessibility to all National Grid plans, including vibrant containment, in addition to completely supported trading and optimization solutions in wholesale energy markets.
" As the equilibrium in between secondary solutions as well as wholesale trading comes to be extra complex, our property optimisation capacity is essential to maximising incomes and safeguarding investment for our customers.
" We anticipate future possibilities to expand this partnership and additional enhance our dedication to assist Britain achieve net zero."
South Korean firm Hyosung Heavy Industries is supplying the battery modern technology, its initial transmission-connected battery project in the UK.
Arun Construction Provider has managed the building and construction of the site given that beginning and also will certainly be accountable for the last installment of the asset.
Downing financial investment director Sean Moore claimed: "Battery storage space options are significantly crucial as a renewable energy allowing technology in our recurring mission to combat climate adjustment.
" We are proud and also excited to be pioneering this interesting handle an accomplice of sector leading suppliers as well as financiers.
" We look forward to continuing our deal with each stakeholder to bring the possession in operation later this year."
Arun Building Solutions handling supervisor Philip Dedman claimed: "Arun Building Solutions are delighted to have been awarded the function of primary specialist for phase 2 of the 50MW battery storage facility at Nursling NG Substation.
" We anticipate being back on website from mid-March 2021 to see the project with to completion, operating in close collaboration with Downing."
Hyosung Heavy Industries UK managing director Danny Kim claimed: "Hyosung Heavy Industries are delighted to be a critical companion to Downing on the Nursling project.
" We are proud to have actually engineered a system that fulfills the exacting requirements of our valued client.
" We see it as a vital part of our UK and also Worldwide market growth in the ESS industry, sustaining the energy shift of the UK power system."
Osborne Clarke gave legal recommendations to Downing, with Ove & Arup Partners supplying technical and Mazars monetary advice.
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