Coal

Quinbrook to build one of UK’s biggest batteries at site of old coal power station

Published by

Energy investment manager Quinbrook Infrastructure Partners is to build one of the biggest battery storage installations in the UK – a 230MW/460MWh facility to be located on the site of a former coal-fired power station.

Quinbrook, which boasts ties to Australia through one of the group’s two partners, David Scaysbrook, and an extensive portfolio of energy assets in the country, says has acquired the exclusive development rights to battery to be located at the site of the former Uskmouth coal-fired power station in the south of Wales.

Quinbrook is partnering with Energy Optimisation Solutions on the Project Uskmouth battery storage development, which will be part of a major redevelopment and regeneration into what will hopefully be a Sustainable Energy Park.

“The UK’s ‘Net Zero’ transformation is an unprecedented investment opportunity for Quinbrook with a diverse array of attractive thematics,” said Rory Quinlan, Quinbrook’s other co-founder and managing partner, based in London.

“Our ‘whole of system’ investment philosophy puts the emphasis on addressing critical infrastructure needs and enablers for a stable transition to a decarbonised power system.

“If the UK power system is to meet its 2030 renewables targets (of 95% decarbonised power generation), battery storage will need to increase significantly to address urgent stability and flexibility requirements.

Quinlan says almost 10% of UK grid capacity is expected to be provided by battery storage by 2030, representing an estimated GBP 20 billion of new capital investment.

“Project Uskmouth is a timely example of how specialist energy infrastructure investors like Quinbrook can identify new opportunities of substantial scale and positive impact arising from the energy transition,” he said.

Construction is expected to take around 18 months with the project to become fully operational towards the end of 2024.

 

Joshua S. Hill is a Melbourne-based journalist who has been writing about climate change, clean technology, and electric vehicles for over 15 years. He has been reporting on electric vehicles and clean technologies for Renew Economy and The Driven since 2012. His preferred mode of transport is his feet.

Joshua S Hill

Joshua S. Hill is a Melbourne-based journalist who has been writing about climate change, clean technology, and electric vehicles for over 15 years. He has been reporting on electric vehicles and clean technologies for Renew Economy and The Driven since 2012. His preferred mode of transport is his feet.

Share
Published by

Recent Posts

From breakfast to bedtime: How first big solar battery is cashing in on evening demand peaks

The first big solar battery hybrid is cashing in on demand peaks, providing power until…

20 December 2024

It getting hot down under: Hot rock geothermal energy is making a comeback in Australia

A new wave of geothermal energy companies are emerging, and they're using shale gas tech…

19 December 2024

Albanese’s four new coal mine extension approvals could crash the Safeguard Mechanism 

The Albanese government approved a batch of four coal mines on Thursday, including a super-emitting…

19 December 2024

Coal-fired generators escape claims of unlawful bidding and market manipulation 

Landmark compensation claim against coal generation companies has been dismissed, with the court finding that…

19 December 2024

Look at the networks, not nuclear, to reduce energy bills

If politicians really want to help households lower their energy bills, there’s better places to…

19 December 2024

Energy Insiders Podcast: Chris Bowen on renewables, emissions, EVs, and nuclear

In our last episode of the year, federal energy and climate minister Chris Bowen joins…

19 December 2024