Eelpower amd NextEnergy Solar Fund launch £100m JV targeting 250MW
September 17, 2021
Leading UK energy storage company, Eelpower Limited (Eelpower) and NextEnergy Solar Fund (NESF), the specialist solar power renewable energy investment company, have established a £100m joint venture partnership which has signed its first acquisition of a 50MW standalone utility scale battery energy storage project.
Eelpower signs 7 year contract with Centrica Business Solutions to dispatch its 10MW Asset in Lincoln
December 3, 2020
Eelpower has started a seven-year contract with Centrica Business Solutions for the optimisation of its battery storage plant at Leverton near Lincoln, UK.
Centrica Business Solutions will take a multi-market optimisation approach using its proprietary FlexPond™ platform, identifying opportunities to support the balancing of the grid network from months in advance right up to real time.
UK Capacity Market Reinstated
October 24, 2019
The European Commission has written to the National Grid Electricity System Operator and Electricity Statements Company to confirm the Commission’s approval of the UK Capacity Market.
As a consequence the UK Capacity Market is reinstated. Delivery for the 2019/20 year begins and preparations for a T-1, T-4 and a replacement T-3 Capacity auction to occur in 2020 begin.
Eelpower Limited’s Participation in August 2019 Blackout Restoration
August 9, 2019
Eelpower (OPCO1) Limited’s Leverton asset and Rock Energy Storage Limited’s Rock Farm assets participate in the Fast Frequency Response to the August 9th Blackout.
Net-Zero Passes into UK Law
July 27, 2019
The UK Government passes legislation to end its contribution to global warming by 2050. Becoming the first major economy to do so, and setting one of the most ambitious targets in the world.
Eelpower Group Companies receive Generation Licence
March 19, 2019
Eelpower Group companies, Eelpower (OPCO1) Limited and Rock Energy Storage Limited are granted Electricity Generation Licences by Ofgem.
Magdalena Markiewicz joins the Eelpower Team
November 12, 2018
Magdalena Markiewicz joins the Eelpower Team.
Eelpower enters the UK Balancing Mechanism Market
August 13, 2018
Eelpower’s Rock Farm Energy Storage Site (20MW) enters the Balancing Mechanism as part Limejump’s aggregated virtual power plant. It become’s part of the first cohort of batteries to ever do this in the UK.
Eelpower Buys 20MW Battery Storage Unit from Anesco
July 17, 2018
Eelpower Limited has acquired the recently-completed 20MW Rock Farm battery storage scheme from Anesco for an undisclosed sum, taking another step towards 1GW of storage by 2022.
Eelpower secures Funding from Gravis
March 9, 2018
Eelpower concludes an agreement with Gravis Capital for an extension of £20m of financing which is intended for use developing Eelpower’s pipeline of permissioned sites.
Eelpower Commissions 10MW Leverton Battery Storage
November 16, 2017
Eelpower Limited has commissioned its 10MW Leverton battery storage facility near Lincoln. It is one of the first cohort of large batteries that will provide frequency response balancing services to the National Grid with effect from January 1st 2018. The Leverton storage facility is Eelpower’s first storage project to be commissioned in the UK.
Eelpower wins Frequency Response Contract
October 17, 2017
National Grid awards 24 month contract to Eelpower for the delivery of Frequency Response services commencing 1st January 2018
UK Government Announce their Strategic Intent
July 24, 2017
The Right Hon Greg Clark , Secretary of State for Business, Energy and Industrial Strategy, declared his clear strategic intent as it relates to energy infrastructure, and directed the National Grid to deliver, an open market for the provision of service to balance the grid, in which Eelpower is among the first movers.
National Grid System Needs and Product Strategy Consultations
July 1, 2017
Throughout July 2017 the National Grid held a consultation on future system needs and product strategy. This included a pair of webinars on the 3rd and 7th of July, the full details of which are available online, as well as a summary of the consultation, which had been begun by their document entitled “System Needs and Product Strategy” which was published in June 2017.
Eelpower agrees to purchase 10MW Battery Asset
June 23, 2017
Eelpower agreed to purchase a 10MW battery asset near Leverton under an EPC with Anesco, and closed the first tranche of financing on 6th July 2017.
Electricity Enterprise (AC) Ltd becomes Eelpower Ltd
April 25, 2017
Electricity Enterprise (AC) Limited is renamed Eelpower Limited.
UK Power Generation has first Coal-Free Day
April 21, 2017
For the first time since the 1880s and the industrial revolution the UK has a day where national power is generated without the burning of coal. For over 24 hours, from about 23:00 on Thursday 20th April until midnight on Friday the 21st of April there was zero contribution to the UK National Grid by coal.
“Clean Energy’s Dirty Secret” by the Economist
February 25, 2017
The Economist publishes an article entitled “Clean Energy’s Dirty Secret – Wind and Solar Power are Disrupting Electricity Systems”, which discusses the various challenges created by renewable energy systems to the existing energy market. Expounding on the complexities of the existing market the article goes on to conclude as to the positive impact of new technologies such as batteries, and that the ultimate challenge is a redesign of the energy market to take into account the world of renewable energy that we are ever expanding.
Electricity Enterprise (AC) Limited Incorporated
February 15, 2017
Eelpower incorporated under its original name of Electricity Enterprise (AC) Limited.