bp announces deal with investment company Harmony Energy Income Trust for physical power trading and optimization

bp has signed an agreement with battery storage investment company Harmony Energy Income Trust (HEIT) to provide physical power trading and optimization services to two projects aimed at providing an extra 80MW / 160MWh of flexibility to the GB power grid, which are planned to come online in the first half of 2024. The agreement will see bp work on two HEIT projects: Hawthorn Pit (49.9MW / 99.8MWh) and Wormald Green (33MW / 66MWh). The projects will enable power from the grid during low demand periods to be stored and…

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Harmony Energy Income Trust Brings Europe’s Largest Battery Energy Storage System Online

Europe’s biggest battery energy storage system (by MWh) located in East Yorkshire has been successfully energised. Developed by Harmony Energy Limited and employing a Tesla 2-hour Megapack system, the Pillswood project, near Hull, has the capacity to store up to 196 MWh (megawatt hours) of electricity in a single cycle. This is enough electricity to power around 300,000 UK homes for two hours. The project will provide critical balancing services to the GB electricity grid network whilst also enabling the replacement of fossil fuels with renewable energy. The site is…

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