NatPower UK plans to invest more than £10bn into delivering a large-scale portfolio of battery energy storage and grid projects across the country.
The company said it is developing 13 battery assets totalling 12.5GW, 10 of which are under assessment for regulator Ofgem’s Long Duration Energy Storage Cap & Floor Window 1 process.
Projects include the 1GW Teesside GigaPark at Sembcorp’s Wilton International site (concept image pictured), which NatPower said will be the UK’s largest and most advanced battery storage facility designed to support grid balancing and port electrification.
Other schemes are located at “strategic hubs” in Yorkshire, Wales, the Midlands, and the south east.
The company will also invest in new 400kV substations and transmission infrastructure to resolve grid bottlenecks and reduce the financial and resource demands on the network, it added.
NatPower UK chief executive Stefano Sommadossi said: “With 12.5GW and 100GWh of battery storage in development, NatPower UK is delivering the infrastructure Britain needs to decarbonise at pace.
“Our storage fleet is future proofed as, contrary to the vast majority of current developments, it allows long duration storage and full augmentation.
“It doesn’t just cut carbon, it reduces energy costs, eliminates inflation, strengthens the grid and ensures consumers and communities benefit from the clean energy transition.”