Danske Commodities has signed a ten-year optimisation agreement for the 400MWh Windyhill BESS battery storage asset outside Glasgow.
The company said the deal is its biggest battery storage asset yet and will use its fully automated algorithmic setup to maximise returns across wholesale and ancillary services markets.
Revera Energy, backed by Carlyle, is developing the 200MW/400MWh project, according to Danske Commodities.
“We are proud to announce Danske Commodities’ optimisation agreement for Windyhill BESS,” said Jakob Sørensen (pictured), chief executive of Danske Commodities.
“With more than 15 years of experience from British power markets, we will apply our trading expertise to optimise the battery storage asset and help provide much needed flexibility to intermittent power generation,” he added.
Sørensen said the UK is a core market for the company and that it plans to expand its portfolio of flexible assets.
Last year, Danske Commodities expanded its flexibility portfolio with an optimisation agreement for the 200MWh Kvosted battery storage asset, described as the biggest combined solar and battery park in the Nordics.
“Building on Danske Commodities’ experience from short-term power trading, we will utilise our fully automated algorithmic setup to maximise returns across wholesale and ancillary services markets for our partners,” said Sørensen.
“We expect increased demand from customers needing help to manage flexible services. This includes batteries and other assets that can be turned on, charged or shut down, depending on what generates the highest return.”