Electricity and heat generator and retailer Vattenfall is developing a third party model for energy storage deployment which will see the Swedish firm deploy batteries alongside UK solar farms.
As the company prepares to deliver its first battery storage project in the UK at the Pen y Cymoedd wind farm in Wales early next year, Vattenfall recently revealed that it is already in talks with a number of solar farm owners.
However, the Swedish state-backed company is finding that a number of solar farm owners are holding on to the additional capacity on their grid connections, originally intended for additional solar build-out under the Renewables Obligation (RO).
With this subsidy now closed, some are thought to be overstating the value of the capacity – effectively now a stranded asset – in an attempt to maximise any potential offer or revenue from Vattenfall or companies like it seeking to develop energy storage.
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