The Anonymous Widower

Tesla Batteries Power UK Energy Storage Plan

The title of this post, is the same as that of this article on The Times.

Britain’s energy problems could be alleviated by a new scheme to build power-storage sites across the UK using batteries produced by Tesla, the electric carmaker.

Six sites will be built by Harmony Energy Income Trust.

• The trust intends to raise £230 million in a stock market listing.
• The trust was registered on the 1st October 2021.
• The batteries will be built in rural locations.
• The sites will use Tesla Magapack batteries and Autobidder software.
• These batteries charge up in two hours and provide energy for two hours.
• The sites are “shovel ready”
• All planning permissions and contracts have been signed.

It would appear that everything is ready to go.

This is a paragraph in The Times article.

The trust is a spin-off from developer Harmony Energy, which found the six sites and obtained the permissions for construction. The developer will retain a minority stake after the listing.

It is also said in the article that two sites at Holes Bay in Dorset and Contego in West Sussex, have already been developed using Tesla batteries.

The Harmony Energy web site lists fifteen wind projects and thirteen battery projects.

• The average size of the battery projects is an output of 44 MW.
• If they can supply that for two hours, the average capacity would be 88 MWh.

The company does appear to be developing smaller batteries than the two established energy storage funds; Gore Street and Gresham House. But then everyone can use their own plan.

October 10, 2021 - Posted by AnonW | Energy, Energy Storage | Gore Street Energy Storage Fund, Gresham House, Harmony Energy Income Trust, Tesla