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London, Dec. 21, 2023 (GLOBE NEWSWIRE) — A battery garage undertaking advanced through Pacific Inexperienced, and owned through the Sosteneo Power Transition Fund, a fund controlled through Milan based totally funding supervisor Sosteneo Infrastructure Companions, is now hooked up and energised at the electrical energy transmission community following paintings through Nationwide Grid to plug the ability into its 400kV Richborough substation in Kent.
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Richborough Power Park’s 100MW/100MWh battery will spice up the capability and versatility of the community, serving to steadiness the gadget through absorbing surplus blank electrical energy and discharging it again when the grid wishes it – with an ability to energy 250,000 properties for an hour.
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The battery will even supply grid steadiness services and products, as an example serving to to control voltage and frequency imbalances as renewable technology dips up and down. The power is controlled through Pacific Inexperienced underneath a longer term asset control settlement and was once Sosteneo’s first acquisition in the United Kingdom.
To make sure a secure connection, Nationwide Grid upgraded its Richborough substation to house new switchgear and put in new coverage and keep an eye on programs on its supergrid transformer, plugging within the undertaking by way of a tertiary connection – a posh however cost-effective connection sort.
Richborough substation already hosts the relationship for Nationwide Grid’s personal 1GW Nemo Hyperlink interconnector with Belgium, whilst Thanet Offshore Wind Farm – the arena’s largest on the time of its release – additionally connects into an adjoining substation at the wider Richborough Power Park web site.
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The battery will lend a hand exploit the blank electrical energy doable of those and different renewable tasks within the area, storing and freeing inexperienced power to energy properties and companies and likewise serving to to alleviate any gadget constraints.
Chris Twomey, COO & Head of Asset Control for Sosteneo mentioned:
“We commend the paintings of Pacific Inexperienced and Nationwide Grid in bringing the Richborough Power Park to existence, serving to determine our presence in the United Kingdom and representing crucial milestone for our shoppers”
Scott Poulter, Chairman & CEO of Pacific Inexperienced, commented:
“It’s been a excitement to paintings with the Nationwide Grid to expand Richborough Power Park, and we stay up for proceeding our courting with many extra tasks to come back.
“Having taken keep an eye on of the web site in 2021, I’m proud on the pace and potency with which my staff has advised the undertaking to monetary shut in summer time 2022, first energisation a yr later, complete energisation ultimate month, and now into industrial operation.”
Stuart Jones, Portfolio Director for the Buyer Connection South Area at Nationwide Grid Electrical energy Transmission, mentioned:
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“Battery garage has a a very powerful position to play in handing over a web 0 power gadget in Britain, so connecting tasks like Pacific Inexperienced’s at Richborough Power Park to our transmission community marks key growth on our nation’s blank power adventure.
“Given the Richborough web site’s historical past, it’s apt that it’s turning into a pivotal a part of our community for the power transition, with our substation connecting blank electrical energy tasks like batteries and interconnectors – all of which might be serving to Britain harness expanding volumes of renewable energy into the longer term.”
The Richborough web site embodies the power transition from previous to new, occupying land the place a coal energy station generated electrical energy from the early sixties thru to 1996, and stood till its demolition in 2012.
The previous coal plant, with its iconic hyperboloid cooling towers, performed crucial position powering Britain’s early supergrid, simply as the brand new inexperienced applied sciences on web site these days will lend a hand ship the rustic’s web 0 ambitions. Richborough was once additionally host to an experimental 1MW wind turbine within the overdue eighties, which on the time was once the United Kingdom’s biggest.
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Nationwide Grid began redeveloping the web site following the demolition of the coal plant, construction the converter station for Nemo Hyperlink the place the plant’s cooling towers as soon as stood.
The next finishing touch of the Richborough Connection undertaking in 2021 plugged the subsea hyperlink into the electrical energy transmission community by way of the primary primary new energy line to be built in Kent since 1961.
Nationwide Grid is making an investment billions to innovate and evolve the transmission community in England and Wales to enhance Britain’s web 0 objectives, significantly thru The Nice Grid Improve – the largest overhaul of the electrical energy grid in generations.
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Notes to editors
About Pacific Inexperienced
Pacific Inexperienced is fascinated by addressing the arena’s want for cleaner and extra sustainable power. It gives grid-scale battery power garage programs, renewable and environmental applied sciences.
For more info, consult with Pacific Inexperienced’s web page: www.pacificgreen.com
About Sosteneo
Sosteneo is an funding supervisor that specialises in greenfield infrastructure tasks associated with the power transition with the purpose of offering a fantastic long-term industrial go back to shoppers while making an lively contribution to the decarbonisation of the worldwide power gadget.
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Sosteneo invests in a variety of applied sciences, spanning blank power manufacturing (akin to sun PV and wind), blank power enablers (akin to battery garage and networks), in addition to business decarbonisation tasks. The Sosteneo staff brings in combination a wealth of funding control experience, complemented through a realistic, hands-on background within the power sector. The staff’s collective enjoy dates again to the inception of renewable power infrastructure as an institutional-grade asset magnificence over two decades in the past.
Sosteneo is a part of the Generali Investments ecosystem of asset control companies.
For additional knowledge, consult with sosteneo.com.
About Nationwide Grid in the United Kingdom
Nationwide Grid sits on the middle of Britain’s power gadget. The person firms in our team run the networks and infrastructure that attach tens of millions of other folks to the electrical energy they use each day.
Our regulated companies personal and expand the top voltage electrical energy transmission (ET) community in England and Wales, and the electrical energy distribution (ED) community within the Midlands, South West England and South Wales. The electrical energy gadget operator (ESO) is the legally separate (and within the procedure of changing into totally impartial) arm of our team which manages provide and insist on Britain’s electrical energy transmission networks. Running one after the other from those core regulated devices, Nationwide Grid Ventures (NGV) focusses on aggressive markets, making an investment in power tasks, applied sciences and partnerships akin to electrical energy interconnectors.
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