TagEnergy Deploys Battery Energy Storage System in the UK

Clean energy developer TagEnergy has announced the successful commissioning and operation of an independent 49.5MW/99MWh battery energy storage system near Luton, United Kin

gdom. The project received a £30 million funding from Santander UK for development. ESS, a joint venture between TagEnergy and Harmony Energy based in Yorkshire, is the storage provider for this venture.

In November 2021, TagEnergy acquired a 60% stake in this battery energy storage project. Named Chapel Farm, the project utilizes Tesla's Megapack battery energy storage system and employs Tesla's Autobidder artificial intelligence software for real-time trading and control. As anticipated, the battery energy storage system commenced operations in the first quarter of 2023. Leading independent renewable energy developer RES serves as the asset management company for this battery energy storage system.

Chapel Farm marks TagEnergy's second deployment of a battery energy storage project in the UK, following the Shaftsbury project, which commenced operations in September of last year.

Franck Woitiez, CEO of TagEnergy, expressed pride in collaborating with partner Harmony Energy to swiftly deploy this significant project, leveraging their expertise in battery energy storage. He emphasized that Chapel Farm's installed capacity is more than double that of their first deployment in the UK. This system will contribute to stabilizing the grid operated by National Grid and assist in increasing the share of renewable energy. Woitiez highlighted the company's enhanced capability to capture, store, and release renewable energy, providing consumers with more flexible, reliable, and cost-effective electricity supply during critical moments.

Peter Kavanagh, CEO of Harmony Energy, regarded the commissioning and operation of the Chapel Farm battery energy storage project as a significant milestone. It represents their first joint venture project with TagEnergy, highlighting their successful partnership. Kavanagh emphasized the importance of battery energy storage systems in unlocking the potential of renewable energy generation in the UK. These projects do not rely on taxpayer subsidies and play a crucial role in promoting the net-zero transition, ensuring the future security of the UK's energy supply, and reducing dependence on foreign natural gas imports.

TagEnergy stated that the combined scale of the two battery energy storage systems deployed in the UK amounts to 69.6MW/139MWh. With more projects like this on the horizon, the deployment of battery energy storage systems is projected to surpass 350MW in the near future.

Significance:

The successful deployment of the Chapel Farm battery energy storage system represents a significant achievement for TagEnergy and its collaboration with Harmony Energy, marking their first joint venture project.

With an installed capacity over double that of their previous UK deployment, Chapel Farm will stabilize the National Grid and contribute to increasing the share of renewable energy.

The project demonstrates TagEnergy's enhanced capability to capture, store, and release renewable energy, providing consumers with more flexible, reliable, and cost-effective electricity supply.

The battery energy storage systems, without relying on taxpayer subsidies, play a vital role in promoting the net-zero transition, securing the future of the UK's energy supply, and reducing dependence on foreign natural gas imports.

With a total scale of 69.6MW/139MWh and more projects in the pipeline, the deployment of battery energy storage systems in the UK is expected to exceed 350MW soon.