UK Power Reserve, gas-fired energy firm, announced plans for a 120MW battery storage portfolio on June 12, less than two weeks after it was bought for £216 million ($288 million) by Singaporean energy group Sembcorp Industries.
The Solihull-based firm has partnered with energy storage technology company Fluence — the joint venture between Siemens and the AES Corporation —to deliver 60MW of storage for the first phase of the plans.
Fluence will provide three 20MW ESSs using its Advancion technology platform. All three sites should be operational during the coming winter.
The mini-gas powered plant operator, previously owned by private equity groups Inflexion and Equistone, successfully bid for 200MW of gas-fired power capacity in the UK’s February T4-Capacity Market auction for delivery by October 2021.
The T4 auction took UKPR’s portfolio beyond the gigawatt scale.
The first Capacity Market auction took place in 2014, after being introduced by the UK Department of Business, Energy and Industrial Strategy as part of the Electricity Market Reform programme to ensure the security of supply of future power.
Sembcorp previously only boasted 210MW of generation capacity in the UK at its Teesside site, which comprised combined heat and power, steam power and renewable generation.
Tim Emrich, who co-founded the company, stepped down following the buy out. Sam Wither, the company’s former chief commercial officer, succeeds him.