Energy Efficiency, Energy Storage, Europe

UK port hosts behind-the-meter battery project

UK port hosts behind-the-meter energy storage battery project

One of the UK’s largest behind-the-meter battery energy storage projects has gone live at London’s main shipping port.

The 9 MW battery project utilizes NEC batteries and is owned by Gore Street Energy Storage Fund, London’s first listed energy storage fund investing in income-producing assets in the UK and internationally.

It will be managed using a platform from UK energy technology provider Origami to generate value across diverse income sources including Triad revenues, firm frequency response and a capacity market contract.

Origami chief executive Peter Bance said today: “We are pleased to support Gore Street Energy Storage Fund in bringing one of the UK’s largest behind the meter battery projects through to operationalisation on the Origami platform.

“Batteries are highly flexible assets and offer access to a wide range of income opportunities and generating optimal revenue requires intelligent technology. We look forward to working with Gore Street on future energy storage projects, linking their energy storage assets to energy markets through the Origami platform.”

Energy storage will be a key focus of European Utility Week and POWERGEN Europe, which are co-located in Paris from November 12-14. Click here for details.