M&G To Invest £150m In UK Battery Start-Up Zenobe
The title of this post, is the same as that of this article on the Financial Times.
Good to see M & G getting involved in funding batteries.
November 13, 2020 - Posted by AnonW | Energy, Energy Storage, Finance & Investment, Transport/Travel | M & G, Zenobe
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The Anonymous Widower 
Zenobe seem to be pretty innovative. They have a battery installation near me at Capenhurst, which provides the Grid with reactive power, and they’re building several large installations in Scotland which they say will provide inertia and help maintain frequency https://www.zenobe.com/news-and-events/zenobe-begins-construction-on-pioneering-battery-storage-projects-totalling-750-million-in-scotland/ The articles on their site don’t seem to mention how exactly they’re doing this, but it all goes to show you don’t need large turbines to provide these kind of services. And that’s quite apart from the normal battery functions of storing excess power when supply exceeds demand, and then releasing it when the opposite is true.
Comment by Peter Robins | May 28, 2024 |