20 MW battery storage site completed near Manchester, UK
Published by John Williams,
Editorial Assistant
Energy Global,
Anesco has completed work on a 20 MW battery storage project in the North West of the UK, taking the company’s storage portfolio to 147 MW. Constructed on a brownfield site in Lascar near Manchester, the installation comprises 16 1.25 MW/1.25 MWh lithium ion containers.
The project has been funded, designed and installed by the company and is being monitored by its operation and maintenance service.
The development is benefiting from multiple revenue streams, including the wholesale market, capacity market and National Grid’s balancing services, which seek to secure the security and quality of the UK’s power supply.
Steve Shine, Anesco Executive Chairman, commented: “We’re delighted to have successfully seen yet another large scale storage project through from planning, to deployment and long-term management."
According to Shine, the company has fuelled the take up of battery storage in the UK, after creating one of the most accurate revenue modelling tools on the market.
Shine added: “We have access to a comprehensive data set. This has allowed us to create a tool capable of predicting whole life cost, IRR and long term revenue streams. All this information is vital for investors and lenders, who are seeking greater certainty and to minimise risk. With our substantial portfolio of existing assets we can now see the real numbers versus our modelled numbers to demonstrate the commercial returns of battery assets.”
Read the article online at: https://www.energyglobal.com/energy-storage/09072019/anesco-completes-20mw-battery-storage-site/
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