UK Power Reserve Partners with Global Energy Storage Provider Fluence to Deliver 60MW Battery Storage for UK Grid
UK Power Reserve is pleased to announce that it has partnered with
Fluence, a market-leading global provider of energy storage technology
and services, to deliver the first phase of its 120MW battery storage
portfolio. This partnership represents the single largest energy storage
portfolio transaction with one technology provider announced in the UK
to date.
The UK’s leading flexibility provider is starting construction on the
first 60MW of its battery portfolio – a total of 120MW were secured in
the 2016 Capacity Market auction – which will provide flexibility and
security for UK power markets by delivering much-needed stability to the
grid. Fluence will provide three 20MW battery energy storage systems at
sites in the Midlands and North West using its market-leading Advancion
energy storage technology platform. All three sites are expected to be
operational during winter 2018/19.
UK Power Reserve’s total contracted portfolio recently broke through the
Gigawatt ceiling, one of the largest of its kind globally: a combination
of small-scale, nimble gas-fired power plants and battery storage
facilities located near centres of demand. These flexible, low-carbon
assets are more important than ever to support the growth of renewables,
providing vital back-up power at the best value to consumers.
The company was recently acquired by Sembcorp Industries, a leading
utilities, marine and urban development group with a global presence. In
the UK, Sembcorp’s integrated energy business brings together
centralised power, steam and water supply as well as industrial site
services at the Wilton International site on Teesside, with UK Power
Reserve’s multiple flexible assets across the country. Collectively, the
business’ expertise extends across the full spectrum of the UK’s energy
markets.
Sam Wither, Head of UK Power Reserve, said: “When we needed a partner
to help us deliver on our ambitious 2018 battery storage plans, Fluence
answered the call, just as we answer the call for UK consumers every
minute of every day with our flexible, fast-responding gas fleet. Now
we’re moving into battery storage and we’re really excited to work with
Fluence. Battery storage will play an important part enabling the smart,
flexible energy system of the future and UK Power Reserve is already
front and centre as we bring our commitments online quickly and
efficiently. Together with our rapid response gas assets, we continue to
demonstrate that we can deliver secure, low carbon electricity, value to
the consumer and commercial success without compromise.”
Fluence’s Advancion platform is an industrial strength energy storage
solution designed to provide the highest dependability for long-term
operations. Coupled with Fluence’s highly experienced team providing
operations and maintenance services to UK Power Reserve, the projects
will support system reliability throughout the 15-year duration of the
Capacity Market contracts. Advancion is also designed to adapt with
changes in the market, providing UK Power Reserve with ultra-fast
response flexible assets that will enable the company to offer
additional services as the needs of the grid or market conditions change.
Fluence, a Siemens and AES company, is the most experienced energy
storage technology and services provider in the world. It has more than
a decade of experience in deploying turnkey storage solutions across the
globe, including the largest lithium-ion battery-based energy storage
system in North America and the first grid-scale energy storage system
on the island of Ireland.
"Fluence’s battery storage technology solves today’s energy
challenges by adding fast, flexible capacity to networks in transition,"
said Paul McCusker, Managing Director, UK & Ireland, Middle East &
Africa for Fluence. "Working together with our partners we make cleaner,
more efficient and more resilient energy networks a reality. We’re
honoured to join forces and expertise with UK Power Reserve as they
deliver these benefits at scale for UK consumers.”
The partnership brings together extensive industry expertise and local
market knowledge to deliver long-lasting and reliable energy storage
solutions for the UK energy system. UK Power Reserve boasts a strong
track record in project delivery, having brought all of its 2014
Capacity Market contracts online nearly a year ahead of schedule, and
the development of its 2015 and 2016 Capacity Market commitments are
already well underway.
ABOUT UK POWER RESERVE
UK Power Reserve, founded in 2010, is the UK’s leading flexible
generator, harnessing the power of small-scale, nimble assets sited
close to local communities. It delivers essential balancing services to
the grid and supports the development of renewable energy generation,
providing crucial back up power and helping to smooth peaks and troughs
in demand.
For more information on UK Power Reserve visit www.ukpowerreserve.com
ABOUT SEMBCORP INDUSTRIES AND ITS BUSINESS IN THE UK
Sembcorp Industries is a leading utilities, marine and urban development
group, present across five continents.
As an integrated energy player, Sembcorp is poised to benefit from the
global energy transition. With a strong track record in developing and
developed markets, it provides solutions across the energy and utilities
value chain, with a focus on the Gas & Power, Renewables & Environment
and Merchant & Retail sectors. It has a balanced energy portfolio of
over 12,000 megawatts, including thermal power plants, renewable wind
and solar power assets, as well as biomass and energy-from-waste
facilities. In addition, Sembcorp is a world leader in offshore and
marine engineering, as well as an established brand name in urban
development.
Sembcorp Industries has total assets of over S$22 billion (£12.3
billion) and over 7,000 employees. Listed on the main board of the
Singapore Exchange, it is a component stock of the Straits Times Index,
several MSCI and FTSE indices, as well as the SGX Sustainability Leaders
Index and the Dow Jones Sustainability Asia Pacific Index.
In the UK, Sembcorp has been an established provider of energy,
centralised utilities and services to some of the country’s largest
chemical and process industry firms at the 2,000-acre Wilton
International site on Teesside for the past 15 years. With the addition
of UK Power Reserve, Sembcorp’s UK energy portfolio now includes
conventional combined cycle generation, distributed energy generation,
rapid response batteries, biomass and energy-from-waste assets.
For more information on Sembcorp visit www.sembcorp.com
and www.sembcorp.co.uk
ABOUT FLUENCE
Fluence, a Siemens and AES company, is a global energy storage
technology solutions and services company that combines the agility of a
technology company with the expertise, vision, and financial backing of
two industry powerhouses. Established in 2018, as the successor to
industry pioneers AES Energy Storage and Siemens energy storage,
Fluence’s goal is to create a more sustainable future by transforming
the way we power our world. The company offers proven energy storage
technology solutions designed to address the diverse needs and
challenges of customers in a rapidly transforming energy landscape,
providing design, delivery and integration in over 160 countries.
Fluence works closely with customers during every step of their journey
and provides advisory, financing, and project lifecycle services. To
date, Fluence’s teams have deployed or been awarded over 500 MW in 16
countries. To learn more, please visit http://fluenceenergy.com/
and follow Fluence on Twitter at @FluenceEnergy.
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