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August 30, 2021

Gore Street Energy-Port of Tilbury – Battery Energy Storage System, UK

By Carmen

The Gore Street Energy-Port of Tilbury – Battery Energy Storage System is a 9,000kW energy storage project located in London, England, UK.

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Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
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The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2018 and will be commissioned in 2021.

Description

The Gore Street Energy-Port of Tilbury – Battery Energy Storage System is owned by Gore Street Energy Storage Fund (100%).

The key applications of the project are frequency regulation and grid support services.

Contractors involved

Gore Street Energy Storage Fund is the owner. NEC Energy Solutions is the technology provider for the project.

Nippon Koei is the EPC contractor for the project.

Additional information

Renewable energy expert and private equity investor, Gore Street Capital (GSC), is the investment adviser to Gore Street Energy Storage Fund. Gore Street Energy Storage Fund will oversee the construction of the asset which is expected to commence in October and be operational in Q2 2019. Origami Energy has also sold the rights to Gore Street Energy Storage Fund PLC build and operate the large battery project. The Port of Tilbury is the largest multipurpose deep-water port on the River Thames and at 9 MW, the NEC, GSS Grid Storage Solution will be the largest behind-the-meter battery storage system in the UK. 100% owned by Gore Street.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.

Related Companies

Free Report
img

Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
Enter your details here to receive your free Report.

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