UK Power Reserve (UKPR) has awarded the second phase of its battery-based energy storage portfolio contracts to Fluence, a Siemens and AES company.

Established this year as the successor to AES Energy Storage and Siemens energy storage, Fluence offers energy storage technology solutions to customers.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
"The battery storage sites are slated to become operational by 2020, with the entire portfolio expected to go online by next year."

In addition to the existing 60MW of battery storage projects, a new 60MW battery storage plant will be built using Fluence’s Advancion platform.

Fluence’s technology will be used to provide flexibility to the UK grid and accommodate increasing levels of renewable generation.

The partnership between UKPR and Fluence for its full 120MW portfolio is reported to be the largest contracted energy storage portfolio transaction globally to date.

Fluence CEO Stephen Coughlin said: “UK Power Reserve is a leading force in modernising the UK’s electric infrastructure and we are delighted to expand our partnership.

“Fluence’s battery-based energy storage technology is designed to enable cleaner, more reliable and more resilient electric service in the UK’s rapidly changing market.

“By combining our ability to deliver robust solutions at this scale with UK Power Reserve’s deep market expertise, these projects will be ready to provide ongoing value for the UK grid and its consumers in less than a year.”

The battery storage sites are slated to become operational by 2020, with the entire portfolio expected to go online by next year.