Two Chinese-state-owned power grid companies have expressed interest in acquiring UK Power Reserve. The company provides back-up electricity to the National Grid at times of power shortage. Chinese state-owned State Grid Corp and China Southern Power Grid are the two companies interested in the Solihull-based firm. UK Power Reserve has a portfolio of over 800 MW of small-scale, local thermal power generation and battery storage assets.
Power Engineering 2nd Oct 2017 read more »