Gresham House has been tapping aggregators and flexibility platforms to optimise its portfolio in recent months, signing agreements to manage around 60MW in total with EDF, Kiwi and Flexitricity.
However, it appears to have handed the lion’s share of battery projects to Habitat, which will manage a 20MW development in Wiltshire, 5MW in Wolverhampton and the newly acquired 49MW plant located on the Red Scar Business Park outside Preston.
Habitat sells itself on the basis that its platform and intelligence maximise revenue while minimising battery degradation.
“If you don’t know how a battery performs and degrades there is a gap no matter the trading expertise – every trade has to cover degradation cost,” Irons told The Energyst when launching Habitat.
Cycling batteries for revenue alone, he said, is sub-optimal and “could degrade the battery completely in four years”. Running more cautiously and for bigger spreads means “you may give away 10 per cent of revenue, but you extend the battery life by 50 per cent or more”.
Related stories:
Habitat Energy touts ‘new model’ for battery storage optimisation
Gresham House taps Flexitricity for 20MW hybrid project
Kiwi to manage 15MW of Gresham House battery storage
Gresham House hires EDF to optimise 24MW of flex
Click here to see if you qualify for a free subscription to the print magazine, or to renew.
Follow us at @EnergystMedia. For regular bulletins, sign up for the free newsletter.
