Wednesday, July 17, 2024

Richborough Power Park battery connects to grid on website of former coal plant

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London, Dec. 21, 2023 (GLOBE NEWSWIRE) —  A battery storage mission developed by Pacific Inexperienced, and owned by the Sosteneo Power Transition Fund, a fund managed by Milan primarily based funding supervisor Sosteneo Infrastructure Companions, is now related and energised on the electrical energy transmission community following work by Nationwide Grid to plug the power into its 400kV Richborough substation in Kent.

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Richborough Power Park’s 100MW/100MWh battery will enhance the capability and adaptability of the community, serving to stability the system by absorbing surplus clear electrical energy and discharging it again when the grid wants it – with a functionality to energy 250,000 properties for an hour.

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The battery may also present grid stability companies, for instance serving to to handle voltage and frequency imbalances as renewable technology dips up and down. The power is managed by Pacific Inexperienced below a long run asset administration settlement and was Sosteneo’s first acquisition within the UK.

To make sure a protected connection, Nationwide Grid upgraded its Richborough substation to accommodate new switchgear and put in new safety and management programs on its supergrid transformer, plugging within the mission by way of a tertiary connection – a posh however cost-effective connection sort.

Richborough substation already hosts the connection for Nationwide Grid’s personal 1GW Nemo Hyperlink interconnector with Belgium, whereas Thanet Offshore Wind Farm – the world’s largest on the time of its launch – additionally connects into an adjoining substation on the broader Richborough Power Park website.

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The battery will assist exploit the clear electrical energy potential of those and different renewable initiatives within the area, storing and releasing inexperienced power to energy properties and companies and likewise serving to to alleviate any system constraints.

Chris Twomey, COO & Head of Asset Administration for Sosteneo mentioned:

“We commend the work of Pacific Inexperienced and Nationwide Grid in bringing the Richborough Power Park to life, serving to set up our presence within the UK and representing an vital milestone for our shoppers”

Scott Poulter, Chairman & CEO of Pacific Inexperienced, commented:

“It’s been a pleasure to work with the Nationwide Grid to develop Richborough Power Park, and we stay up for persevering with our relationship with many extra initiatives to come back.

“Having taken management of the location in 2021, I’m proud on the velocity and effectivity with which my staff has steered the mission to monetary shut in summer time 2022, first energisation a yr later, full energisation final 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 storage has a vital position to play in delivering a internet zero power system in Britain, so connecting initiatives like Pacific Inexperienced’s at Richborough Power Park to our transmission community marks key progress on our nation’s clear power journey.

“Given the Richborough website’s historical past, it’s apt that it’s changing into a pivotal a part of our community for the power transition, with our substation connecting clear electrical energy initiatives like batteries and interconnectors – all of that are serving to Britain harness rising volumes of renewable energy into the longer term.”

The Richborough website embodies the power transition from previous to new, occupying land the place a coal energy station generated electrical energy from the early sixties by way of to 1996, and stood till its demolition in 2012.

The previous coal plant, with its iconic hyperboloid cooling towers, performed an vital position powering Britain’s early supergrid, simply as the brand new inexperienced applied sciences on website at this time will assist ship the nation’s internet zero ambitions. Richborough was additionally host to an experimental 1MW wind turbine within the late eighties, which on the time was the UK’s largest.

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Nationwide Grid began redeveloping the location following the demolition of the coal plant, constructing the converter station for Nemo Hyperlink the place the plant’s cooling towers as soon as stood.

The following completion of the Richborough Connection mission in 2021 plugged the subsea hyperlink into the electrical energy transmission community by way of the primary main new energy line to be constructed in Kent since 1961.

Nationwide Grid is investing billions to innovate and evolve the transmission community in England and Wales to help Britain’s internet zero objectives, notably by way of 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 concentrated on addressing the world’s want for cleaner and extra sustainable power. It provides grid-scale battery power storage programs, renewable and environmental applied sciences.

For extra info, go to Pacific Inexperienced’s web site: www.pacificgreen.com

About Sosteneo

Sosteneo is an funding supervisor that specialises in greenfield infrastructure initiatives associated to the power transition with the intention of offering a gorgeous long-term industrial return to shoppers while making an lively contribution to the decarbonisation of the worldwide power system.

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Sosteneo invests in a variety of applied sciences, spanning clear power manufacturing (reminiscent of photo voltaic PV and wind), clear power enablers (reminiscent of battery storage and networks), in addition to trade decarbonisation initiatives. The Sosteneo staff brings collectively a wealth of funding administration experience, complemented by a sensible, hands-on background within the power sector. The staff’s collective expertise dates again to the inception of renewable power infrastructure as an institutional-grade asset class over 20 years in the past.

Sosteneo is a part of the Generali Investments ecosystem of asset administration corporations.

For additional info, go to sosteneo.com.

About Nationwide Grid within the UK

Nationwide Grid sits on the coronary heart of Britain’s power system. The person firms in our group run the networks and infrastructure that join thousands and thousands of individuals to the electrical energy they use daily.

Our regulated companies personal and develop the excessive 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 system operator (ESO) is the legally separate (and within the means of changing into absolutely unbiased) arm of our group which manages provide and demand on Britain’s electrical energy transmission networks. Working individually from these core regulated models, Nationwide Grid Ventures (NGV) focusses on aggressive markets, investing in power initiatives, applied sciences and partnerships reminiscent of electrical energy interconnectors.

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