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  1. Market Data
September 1, 2021

Port of Tyne Battery Energy Storage System, UK

By Carmen

The Port of Tyne Battery Energy Storage System is a 35,000kW energy storage project located in Port of Tyne, England, UK.

The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2017 and was commissioned in 2018.

Description

The Port of Tyne Battery Energy Storage System was developed by Renewable Energy Systems. The project is owned by Foresight Group (50%) and Gresham House Strategic (50%).

The key application of the project is frequency response services.

Contractors involved

Foresight Group, Gresham House Strategic and Renewable Energy Systems have delivered the battery energy storage project.

Additional information

RES Group (Renewable Energy Systems) has sold the 35 MW battery storage project to infrastructure and private equity investment manager Foresight Group. According to RES, the project is part of the National Grid’s Enhanced Frequency Response (EFR).

Gresham House Energy Storage Fund plc has become the owner of a 35-MW battery facility in Port of Tyne and a 10-MW system in Essex, Nevendon.

About Renewable Energy Systems

Renewable Energy Systems Ltd (RES), a subsidiary of Renewable Energy Systems Holdings Ltd, is a renewable energy company that designs, develops, constructs, finances and operates energy development projects. The company offers project development, design and engineering, construction, commissioning, operation and maintenance, procurement, resource assessment, project engineering, asset management, project management, technical support and advisory services. It undertakes offshore wind projects, solar projects, transmission projects and energy storage projects. The company has operations in the UK and Ireland, the US, Australia, Canada, France, Germany, Turkey and Scandinavia. RES is headquartered in Kings Langley, the UK.

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.

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