Enel's overall investment, including construction, for the Tynemouth stand-alone battery energy storage system (BESS) located in the metropolitan borough of North Tyneside, near Newcastle totals €20 million, according to the company's announcement.
The system uses lithium-ion batteries for a total of 25 megawatt/12.5 megawatt-hours.
“The commissioning of Tynemouth is an important milestone for Enel since it is the group’s first utility-scale, stand-alone battery energy storage system, showing the potential of this promising solution in addressing the challenges of the energy transition,” Enrico Viale, Enel’s global thermal generation's head said in the press release.
“Battery energy storage systems provide a solution for flexible and fast services to ensure the stability of electricity power systems, while, when coupled to existing power plants, allow for optimization of performance and an increase in plant flexibility. The utility-scale BESS market shows great potential for growth, which is why Enel is developing a portfolio of such projects in some of the sector’s most promising countries worldwide,” the statement reads.
Enel is a multinational power company and Europe’s largest utility in terms of market capitalization and among Europe’s leading power companies in terms of installed capacity and reported EBITDA.
The group is present in over 30 countries worldwide, producing energy of around 88 gigawatts of managed capacity.
(Αnadolu Agency, 13/06/2018)