What was bad news for those businesses and individuals affected by the power cuts last week, was validation for the work that Suncredit Energy is doing!
Friday 9th August saw extensive power cuts across England after National Grid lost generation from Little Barford power station and Hornsea offshore wind farm within two minutes of each other. The loss of power reaching the grid forced safety systems to reduce load on the network causing widespread disruption.
After losing nearly 2GW of capacity, National Grid called upon battery storage facilities to provide power to the grid and boost the electrical frequency, though the volume available was insufficient to address the scale of the loss. To avoid damage to the network National Grid had to disconnect supply to a wide range of customers.
Traditionally the lost generation and frequency management would have been eased by fossil fuel power plants, but this reserve on the network has been lost with the move towards greener energy sources and...
Bloomberg New Energy Finance’s latest Energy Storage Outlook report highlights that the rise of electromobility and demand for stationary storage will drive lithium-ion battery costs down by a further 50% by 2040. Additionally predicted in the report, solar and wind energy are set to supply almost 40% of the world’s electricity by 2040, up from 7% today.
The Report takes a global view and Suncredit Energy are excited to be a part of the worldwide energy transition to a largely renewable system supported by storage, with its UK pipeline of 355MW of battery storage projects.
Suncredit Energy Ltd (SCE) completed the financial close of the Hele Manor Project February 2018 and began contract negotiation with EPC and Connection providers in March 2018.
In July, SEL appointed Centrica Business Solutions (CBS), an Engineering Procurement Construction company, as the Principle Contractor & Designer, to undertake the turnkey for the 20MW gas fired technology Gas Peaker plant in Hele Manor, Somerset. Green Frog Connect were appointed as the Independent Connection Provider to install the 33kV connection to site, working with the DNO, Western Power Division (WPD). Green Frog Connects’ sister company, Green Frog Gas Utilities (GFGU) were also contracted as the Utility Infrastructure Provider (UIP) to carry out the gas meter rig works for our gas connection. The gas connection was critical to the project and to mitigate against freezing ground and a winter embargo , SCE instructed the Gas Transporter, Wales and West Utilities (WWU), to complete th...