EDF to Optimise Zenobe Batteries at Capenhurst
UK’s leading independent owner and operator of battery storage Zenobe has selected EDF as the company’s trading and optimisation partner for a new 100MW battery. The battery will be located at Capenhurst, near Chester, and will be the largest transmission-connected battery storage project in Europe. The announcement of this partnership follows several months of cooperation between the two teams working on the project.
Zenobe and EDF are among the main players in this sector; Zenobe currently has 175MW of operational grid-scale battery capacity and is on track to have 1GW of battery storage by 2026; EDF has now contracted 490MW battery storage under optimisation.
The long-term agreement will see EDF optimise the battery through its market leading trading platform. It will mean EDF opening access to a variety of revenue streams for this asset, including ancillary services such as Dynamic Containment, balancing mechanism and wholesale optimisation, leveraging EDF’s industry-leading trading expertise. EDF will also provide a floor price ensuring minimum income levels is protected.