Anesco has entered into a new agreement to optimise 15MW of operational battery storage capacity for Gresham House.
The batteries will provide flexibility to the energy system, helping to stabilise intermittent output from renewable energy sources and enabling security of supply.
They will participate in all appropriate markets, including FFR and the dynamic services, as well as wholesale trading opportunities that present over the winter months.
Alan Smallwood, Director, Anesco Revenue Optimisation, said: “Our focus with these assets will be on helping achieve the highest potential lifetime yield by supporting National Grid to balance supply and demand.
“The UK Government’s commitment to reaching net zero carbon emissions by 2050 continues to be a huge driver for the growth of the battery storage sector. As more and more renewable generators come online, the amount of battery capacity required to help balance the grid will also need to increase.
“For battery asset owners, the financial incentives are there but it’s vital to have the support of a partner who understands the many complexities of the evolving market, to ensure the strongest possible return on investment is achieved. We’re pleased to be putting our expertise to good use, supporting Gresham House’s growing portfolio.”
Ben Guest, Managing Director, Gresham House, added: “We’re pleased to announce our partnership with Anesco, recognised as one of the largest suppliers of ground-mounted solar and storage in the UK and look forward to developing our relationship.”