The largest battery park in Europe has been inaugurated in the UK
Europe's largest battery energy storage system per megawatt per hour will be officially online from today, heralding a new era in energy diversification in the UK.
Harmony Energy Income Trust, which invests in battery energy storage businesses in Britain, today unveiled its first project, in Pillswood, East Yorkshire, which uses Tesla technology to store energy.
The Pillswood project uses Tesla 2-hour Megapack technology systems and has the capacity to store up to 196MWh of electricity in a single cycle – the equivalent of being able to power around 300,000 British homes for two hours.
The project, developed by Harmony Energy Limited and managed by Tesla, is set to boost the replacement of coal- and gas-fired power stations with renewable energy sources in the UK. The plant, which was delivered ahead of schedule, was initially expected to become fully operational by March 2023.
Yorkshire-based, London-listed company Harmony has been given the green light to build New Zealand's largest solar farm in Waikato on the Upper North Island, which will generate enough energy to power 30,000 homes.
“ Battery energy storage systems are essential to unlocking the full potential of renewable energy in the UK ,” Peter Kavanagh, director of Harmony Energy Advisors, said in a statement.
“ These projects are not supported by taxpayer grants, but they can offer shareholders attractive returns under different market conditions .” Harmony Energy Income Trust has five battery energy storage systems currently under construction, all of which are expected to be operational by October next year.
A battery park seems like an excellent investment, but yesterday we presented thermo-photovoltaic cells that also produce during the night. What if the future of large-scale electricity storage wasn't based on lithium?
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The article Europe's largest battery park inaugurated in the United Kingdom comes from Scenari Economics .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/inaugurato-nel-regno-unito-il-piu-grande-parco-batterie-deuropa/ on Mon, 21 Nov 2022 22:39:33 +0000.