1. UK Water Utility Makes Storage Splash

    UK Water Utility Makes Storage Splash

    UK water company Northumbrian Water will trial energy storage systems at several of its UK sites next year. The systems, comprising second-life lithium ion batteries from Renault electric cars, will mainly be used to manage energy loads and reduce energy spend by recharging with lower cost electricity at night for providing power during high-cost evening peak times. The batteries will also earn revenues by providing grid balancing services.

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    1. We are excited to enter into an exclusive partnership with Northumbrian Water to install and manage behind-the-meter storage at some of their critical sites.
    2. We believe we have created something unique and innovative through a combination of technical and financial engineering. As far as we know, we're the only fully-funded solution offering 30-year storage installations to commercial and industrial customers under a revenue sharing agreement, boosting site profitability.
    3. Large-scale battery storage is going to be a major feature of the electricity industry going forward and this is a great opportunity for us to develop our understanding of these processes.
    4. It's great to be working with Argonaut and Northumbrian Water on this opportunity. This project has been built with innovation and sustainability in its DNA, from our second life battery energy storage systems through to the new operating and financing models.
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    1. Electricity Source:

      Fossil Fuels, Solar Photovoltaic, Wave, Tidal, Hydro, Wind
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    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Pumped Hydro, Sodium, Supercapacitors, Thermal, Vanadium, Zinc
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