Aggregator Limejump and renewable energy developer Anesco will team up to deliver 185MW of battery storage by the end of 2018.
The deal is one of a number of partnerships being struck to deliver capacity market contracts.
Limejump will operate the portfolio within balancing and flexibility markets, combining the granular speed of response of batteries with other distributed generation assets in order to maximise their flexibility.
The agreement adds weight to market views that the UK is rapidly approaching a battery storage boom. Anesco has just completed its twentieth utility scale battery unit, taking its storage portfolio to 18.9MW. By the end of next year, that will have increased by an order of magnitude.
Steve Shine, Anesco executive chairman, said the move is “further proof of the significant growth of the sector”.
“As well as aiding grid stability, energy storage can help maximise the use of renewable power being generated, while breeding a more resilient local grid. It’s an exciting time for the sector and we predict momentum will continue to grow, as more and more generators look to benefit from the technology.”
Limjump CEO Erik Nygard said the capacity market revenues were one piece of the puzzle for battery storage operators, who must stack revenues from different grid balancing services in order to deliver reasonable return on investment. He said the partnership would “provide Anesco with access to the full breadth of market opportunities”.
Anesco has deployed around 1GW of renewable generation technologies to date, of which roughly half (480MW) is solar PV.