Flexitricity will trade flex from Anesco’s 19.5MW Larport Farm battery after the two firms struck a deal.
The aggregator and supplier will bid its power into wholesale markets, the Balancing Mechanism and attempt to secure FFR contracts.
“With the competition in reserve and response services increasing rapidly, trading in the Balancing Mechanism is key in helping customers optimise the revenue from their energy assets,” said Flexitricity head of business development, Andy Lowe.
Flexitricity claimes it now has more than 450MW of flexible assets under management.
Anesco hopes to amass a 380MW battery portfolio by the end of next year. The company works with various aggregators and suppliers, including Shell-owned Limejump, EDF Energy and Upside Energy.
In 2017 it developed the UK’s first subsidy-free solar scheme (Clayhill Farm) by combining it with batteries at a site with a good existing export connection.
Rather than develop and sell the entire portfolio, the company is aiming to keep more of its battery projects to fund further growth, “because the returns we are seeing are good,” according to executive chairman, Steve Shine.
Last week Anesco announced plans to target the household solar and battery storage market via a new unit, Anesco at Home.
Related stories:
Anesco’s Steve Shine: Battery storage isn’t ‘merchant risk’, it’s just merchant
EDF and Upside to trade flex from Anesco’s Clayhill Farm solar-storage site
ESB buys 7MWh battery storage from Anesco
Anesco plans 300MW more storage in next two years
Anesco opens ‘subsidy free’ solar and battery farm
Limejump and Anesco partner to connect 185MW of CM storage
Premier Inn takes onsite solar to 3MW via Anesco
Flexitricity signs Gateshead as first energy supply customer
Flexitricity lands £500k funding to bring small firms into DSR, seeks trial sites
Flexitricity to become supplier, eyes Balancing Mechanism prize
Flexitricity inks DSR deal with Ameresco
Alastair Martin: Capacity market ‘buying the wrong stuff because it is joined up with nothing’
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