Electricity Enterprise (AC) Limited Incorporated
February 15, 2017
Eelpower incorporated under its original name of Electricity Enterprise (AC) Limited.
“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.
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.
Electricity Enterprise (AC) Ltd becomes Eelpower Ltd
April 25, 2017
Electricity Enterprise (AC) Limited is renamed Eelpower Limited.
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.
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.
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.
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
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 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.