Flow storage firm RedT lands place on £300m NHS framework

Energy storage will eat battery storage
McGregor: Pleased

Flow storage company RedT has earned a place on Essentia’s battery storage framework. It means the firm has the green light to supply its systems to the NHS and potentially other public sector organisations, such as local authorities and education providers.

The other companies on the framework are: Bouygues UK, Centrica, EDF Energy, Powerstar and Veolia ES Resource Efficiency.

Essentia is a subsidiary of Guy’s and St Thomas’ NHS Foundation Trust. It announced the framework, alongside an LED framework earlier this year. It said the storage framework aims to enable organisations to reduce Triad charges, DUoS charges, Capacity Market Charges and utilise grid incentives such as Firm Frequency Response.

According to the tender document, storage contracts over the four year period could be worth up to £300m.

Meanwhile, the LED lighting tender states contracts could be worth up to £500m.

RedT chief executive, Scott McGregor, said being chosen as one of a number of framework suppliers was “an important validation of our technology and business models to unlock cheaper energy costs”. He added that RedT “looks forward to working closely with the NHS and other public sector companies to reduce their energy costs and accelerate their clean energy targets”. 

Related stories:

Anglian Water takes 300kWh of RedT’s flow storage, plans 30MW of solar

RedT firms banking on FFR for storage business models are “gambling”

Energy storage ‘will wipe out’ battery storage

Battery storage to push frequency response revenues down STOR’s path?

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