Highfield pushes on with €30m battery storage bid ahead of planned Eirgrid auction
Dublin-based Highfield Energy Services has moved a step closer to building two major battery storage projects as competition hots up to win lucrative Eirgrid contracts.
The renewables developer has received notification of intention to grant planning permission from both Meath and Monaghan county councils on projects that, if built, could involve combined potential investment of up to €30m.
Battery storage is a hot topic in anticipation of national grid operator Eirgrid running a special auction to bring as much as 100 megawatts (MW) of storage technology on to the grid in the short term.
Highfield's combined projects would potentially allow for storage of as much as 70MW if they were to get the go ahead. However, it is expected that the initial auction will seek capacity of no more than 30MW at three or four locations. Storage technology is seen as crucial to allow for more solar and wind generation on the system. Battery technology allows the grid operator to add greater amounts of variable non-synchronous renewable generation, helping it hit ambitious targets.
Projects with capacity for up to 350mw are understood to have received planning permission, with even more than that in planning systems around the country.
Last week, Offaly-based Lumcloon Energy announced a partnership with South Korean energy company Hanwha Energy in its bid to develop two 100MW battery storage projects in the Midlands, which it said would involve an investment of €150m.
Sunday Indo Business