Copenhagen Infrastructure Partners Announces £800 Million Battery Project
Copenhagen Infrastructure Partners Announces £800 Million Battery Project

Copenhagen Infrastructure Partners Announces £800 Million Battery Project

News summary

Statera Energy has acquired a 680MW battery energy storage system in Greater Manchester, expected to be one of Europe's largest by 2026, capable of powering 2.2 million homes and helping to decarbonize the UK grid. Meanwhile, construction is underway on two additional large-scale battery storage projects in Scotland, Coalburn and Devilla, which will collectively store enough energy to power 4.5 million homes for two hours. These projects, backed by an £800 million investment from Copenhagen Infrastructure Partners, are crucial for stabilizing the grid as the UK transitions to renewable energy sources. The Coalburn facility will complement Scotland's significant renewable capacity, with nearly 90% of its electricity generated from low-carbon sources in 2023. Both initiatives highlight the growing importance of advanced battery storage solutions in managing renewable energy and enhancing energy security. As storage technology evolves, including the potential of flow batteries, countries like Australia are also investing in longer-duration storage to support their renewable energy integration.

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