EDF, DIF and Ib Vogt will trade, optimise and offtake the energy from solar and battery assets with a combined 116MW capacity sharing a transmission grid connection at Warley, UK.
The deal will see EDF manage the co-located assets together in real time, making efficient use of the shared transmission level grid connection for the assets.
The combined capacity of 116MW will make Warley one of the UK’s largest co-located sites once operational in 2024.
Over a 10-year term, EDF will offtake the physical energy produced by the solar farm and optimise the 50MW battery through its proprietary Powershift platform, leveraging EDF’s trading expertise to provide access to all revenue streams available to a battery, which currently includes the balancing mechanism, wholesale optimisation and ancillary services.
With EDF providing both offtake and battery optimisation services for this large co-located site, the deal represents one of the first of its kind in the UK.
Through maximising the efficiency and performance of both assets, the partnership will provide the grid with essential flexibility, as well as a reliable and secure source of energy.
Stuart Fenner, director of wholesale market service commercial, at EDF said: “We are very pleased that we have been chosen to deliver trading, optimisation and offtake services for one of the UK’s largest co-located solar and battery sites.
“This unique deal exemplifies the innovation needed to address our energy challenges, which will help to secure green energy for the future and deliver on our commitment to help Britain achieve net zero.”