The optimisation arm of oil and gas major bp will provide power trading and optimisation services for two UK battery energy storage system (BESS) projects owned by Harmony Energy Income Trust (HEIT).
The two BESS projects, which are owned by HEIT and expected to come online in the first half of 2024, are Hawthorn Pit (49.9MW/99.8MWh) and Wormald Green (33MW/66MWh). The firm stated that these BESS assets will “help the grid manage greater fluctuations” using energy captured from renewable sources.
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According to bp, the projects will be the first new BESS assets bp has contracted to optimise since its acquisition and integration of the digital energy platform Open Energi in 2021. The software developed by Open Energi enables real-time insight and decision-making to connect HEIT’s assets with power markets through bp’s trading business.
Hormoz Ala, senior manager in European power, bp, said: “This deal represents a significant opportunity to combine bp’s established experience in power trading with Harmony’s track record in battery development to help safeguard the stability of the GB power grid as we all work to transition to a net zero future.”
Energy-Storage.news has covered the topic of BESS optimisation in depth, most recently with a guest blog from GridBeyond, and recently interviewed Harmony Energy’s Poland director about its activities there, in the lead-up to this week’s Energy Storage Summit Central Eastern Europe.