UK-Based Statera Secures 670MW Contracts in Auctions By Akash Dhiman/ Updated On Fri, Mar 22nd, 2024 Highlights : As per media release by Statera, the T-4 contracts secured are largely for Statera’s Battery Energy Storage Systems (BESS). UK-Based Statera Secures 670MW Contracts in Auctions In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera <a href='https://secure.meilleurmedia.com/www/delivery/ck.php?n=a23dad63&cb=INSERT_RANDOM_NUMBER_HERE' target='_blank'><img src='https://secure.meilleurmedia.com/www/delivery/avw.php?zoneid=17&source=https%3A%2F%2Fwww.saurenergy.com&cb=INSERT_RANDOM_NUMBER_HERE&n=a23dad63&ct0=INSERT_ENCODED_CLICKURL_HERE' border='0' alt='Advertisment' /></a> As per a media release by Statera, the T-4 contracts secured are largely for Statera’s Battery Energy Storage Systems (BESS). Contracts secured include 150MW at Thurrock, with total contracted capacity now 300MW, and 290MW at Exeter. These projects are planned to be operational by 2025 and 2027 respectively. Both projects were awarded 15-year contracts and will contribute to system flexibility and security of supply. Statera has also secured T-1 contracts for the coming winter for its Minety 2 (50MW) and Dollymans (100MW) operational BESS sites, located in Wiltshire and Essex respectively. In other news, Germany-based clean energy company RWE has initiated work related to seven projects, representing 330 megawatts (MW) of new, clean electricity capacity, now entering construction in the United Kingdom. The projects are the first to be constructed from the solar portfolio secured by RWE through its acquisition of JBM Solar, one of the UK’s largest independent solar and co-located battery developers, according to a press release by RWE. Previously, National Grid Electricity Transmission (ET) a UK-based organisation that maintains high-voltage electricity networks in England was recently awarded £135,000 for a project. This project was undertaken to research new ways to monitor the health of cables in future hybrid AC/DC networks, spot issues in offshore links early, and avoid unplanned outages. They undertook this initiative to undertake research into monitoring systems for offshore cables and to support the decarbonization of rural areas. It’s among the other national grid-led innovation projects to be funded through the latest stage of Ofgem’s Strategic Innovation Fund (SIF). Tags: BESS, International, RWE, Solar Projects, Statera, United Kingdom
In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera <a href='https://secure.meilleurmedia.com/www/delivery/ck.php?n=a23dad63&cb=INSERT_RANDOM_NUMBER_HERE' target='_blank'><img src='https://secure.meilleurmedia.com/www/delivery/avw.php?zoneid=17&source=https%3A%2F%2Fwww.saurenergy.com&cb=INSERT_RANDOM_NUMBER_HERE&n=a23dad63&ct0=INSERT_ENCODED_CLICKURL_HERE' border='0' alt='Advertisment' /></a> As per a media release by Statera, the T-4 contracts secured are largely for Statera’s Battery Energy Storage Systems (BESS). Contracts secured include 150MW at Thurrock, with total contracted capacity now 300MW, and 290MW at Exeter. These projects are planned to be operational by 2025 and 2027 respectively. Both projects were awarded 15-year contracts and will contribute to system flexibility and security of supply. Statera has also secured T-1 contracts for the coming winter for its Minety 2 (50MW) and Dollymans (100MW) operational BESS sites, located in Wiltshire and Essex respectively. In other news, Germany-based clean energy company RWE has initiated work related to seven projects, representing 330 megawatts (MW) of new, clean electricity capacity, now entering construction in the United Kingdom. The projects are the first to be constructed from the solar portfolio secured by RWE through its acquisition of JBM Solar, one of the UK’s largest independent solar and co-located battery developers, according to a press release by RWE. Previously, National Grid Electricity Transmission (ET) a UK-based organisation that maintains high-voltage electricity networks in England was recently awarded £135,000 for a project. This project was undertaken to research new ways to monitor the health of cables in future hybrid AC/DC networks, spot issues in offshore links early, and avoid unplanned outages. They undertook this initiative to undertake research into monitoring systems for offshore cables and to support the decarbonization of rural areas. It’s among the other national grid-led innovation projects to be funded through the latest stage of Ofgem’s Strategic Innovation Fund (SIF).
