Leading independent power producer (IPP) Low Carbon has announced the signing of optimisation agreements with Habitat Energy, Flexitricity, and EDF for four of its UK battery energy storage systems, totaling 95MW in capacity.
Under the agreements, Habitat Energy, Flexitricity, and EDF will dynamically optimise the batteries across different markets on a revenue share model for Low Carbon’s Meadow (10MW – Habitat Energy), Sandon Brook (35 MW – Habitat Energy), Fern Brook (20 MW – Flexitricity), and Birch (30 MW – EDF) BESS sites.
Utilizing proprietary algorithms, including AI and Machine Learning models, the aim is to maximize returns while ensuring asset longevity.
Expected to come online in early 2025, these four sites will support renewables deployment and enhance resilience by providing system flexibility and balancing services.
Low Carbon has also enlisted the energy flexibility management platform KrakenFlex across all four sites to serve as a market dispatch and controls partner. This partnership enables Low Carbon to efficiently manage a multi-optimiser portfolio and conduct independent revenue and dispatch checks.
Marco Verspuij, Head of Power Management at Low Carbon, expressed excitement about the agreements, emphasizing the importance of Habitat Energy, Flexitricity, and EDF as key partners in scaling up renewable energy infrastructure.
He highlighted Low Carbon’s proactive approach in contracting multiple optimisers for one BESS portfolio, showcasing innovative finance options that play a crucial role in advancing the UK’s net-zero goals.
Verspuij underscored the dynamic nature of the earnings environment and the company’s commitment to future-proofing its systems through the partnership with KrakenFlex, ensuring flexibility and agility in optimiser agreements.
