The companies will seek to leverage the advantages of combining GE’s battery technology solution, power electronics and advanced controls with Arenko’s proprietary energy trading software platform.
Mirko Molinari, Global Commercial & Marketing Executive, Energy Storage at GE Power said, “Energy storage will help balance supply and demand close to real time, avoiding frequency drifts and supporting the mid-term response to grid imbalances. Energy storage will enable a more efficient system for a more reliable supply of electricity to consumers.”
The new energy storage system will supply on demand power to approximately 100,000 UK homes and is expected to contribute to reducing energy bills for UK households and businesses
This 41MW battery storage system is sited at a key strategic location in the Midlands and will commence operations in 2018.
The project will provide the UK energy system with flexibility at times when it is most needed to deliver a more balanced energy system and contribute to reducing the cost of energy to the UK consumer.
Rupert Newland, Chief Executive, Arenko Group, commented, “Arenko’s new battery system will provide much needed flexibility to the UK grid, reducing waste and helping to make energy bills cheaper for households and businesses. This project is very significant in addressing the UK’s long-term energy security concerns, enabling the transition to a low carbon energy future.”
