Plans for an energy storage system which would be located on the site of a South Yorkshire wind farm have been submitted to Barnsley Metropolitan Borough Council. Renewable energy firm Banks Renewables plans to invest around £700,000 installing a lithium-ion battery alongside the control building for the Hazlehead wind farm, west of Barnsley. The new system, roughly the size of a shipping container, would be able to store some of the energy being produced by the three-turbine wind farm and also capture it from the wider National Grid before releasing it at times of high demand.
Business Desk 14th May 2020 read more »
GRAVITRICITY has hit a fundraising target four times over after launching just days ago. The Edinburgh-based energy storage company opened the Crowdcube fundraising round for £100,000 to support its ambitious development plans on Monday and by last night it had topped £425,000. The news comes after it signed a land rental agreement with Forth Ports to build its first demonstrator project on land within the Port of Leith. Work will begin on the £1 million project in October with plans to be up and running by late December. The 16-metre high rig will utilise the port’s extensive electrical network and grid connections and will be used to demonstrate the speed of response of their innovative energy storage system.
Herald 15th May 2020 read more »
Gresham House Energy Storage Fund has partnered with Edinburgh-based Flexitricity to optimise their 50MW / 75MWh Thurcroft battery storage site. Flexible energy specialist Flexitricity will provide market access for what’s thought to be Europe’s largest battery, optimising revenue for the asset as well as helping National Grid ESO balance supply and demand. The South Yorkshire-based lithium-ion battery storage site will be monitored from Flexitricity’s 24/7 control room in Edinburgh and Flexitricity will dynamically move the asset between different markets. It will be traded in the wholesale markets and with National Grid ESO in the balancing mechanism – one of the most important tools National Grid ESO uses to balance electricity supply and demand in real-time.
Energy Voice 15th May 2020 read more »