SIMEC Atlantis inks deal for 230-MW/460-MWh battery at Uskmouth site

The Uskmouth power station in Wales. Author: Reading Tom. License: Attribution 2.0 Generic (CC BY 2.0)

May 24 (Renewables Now) - SIMEC Atlantis Energy Ltd (LON:SAE) has signed a contract for the delivery of a 230-MW/460-MWh battery energy storage system (BESS) as part of the Uskmouth power station conversion project in Wales.

The sustainable energy company said in a bourse filing on Tuesday it is partnering on the initiative with Uskmouth Energy Storage Ltd, a portfolio company of UK renewable project developer Energy Optimisation Solutions and investment manager Quinbrook Infrastructure Partners. Under the agreement, the battery system will be owned and operated by Uskmouth Energy.

SIMEC Atlantis has an environmental permit to convert the existing coal-fired power plant at Uskmouth Power Station into a 220-MW facility that runs on waste-derived fuel pellets. The company is currently seeking permission for the BESS project and a modification to its grid-connection agreement.

The proposed battery is expected to become operational towards the end of 2024. SIMEC Atlantis estimates that the scheme will bring it around GBP 40 million (USD 49.9m/EUR 46.7m) in revenues over its 30-year lifespan, of which GBP 11 million will be paid within the next 18 months.

(GBP 1.0 = USD 1.249/EUR 1.167)

Join Renewables Now's free daily newsletter now!

More stories to explore
Share this story
About the author
Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription