Habitat Energy is to optimize 74MW of energy storage projects for Gresham House Energy Storage Fund.
The multi-year agreements comprise three existing projects: a 20MW project in Wiltshire, a 5MW project in Wolverhampton and the recently-commissioned 49MW project on the Red Scar Business Park outside Preston, which the Fund acquired on 31 December .
The Fund’s facilities are being optimised using Habitat Energy’s PowerIQ platform which uses an algorithmic and machine learning approach to maximize the value of storage assets across wholesale markets, whilst managing degradation of the assets so as to extend their useful life.
Further reading
Flexitricity partners with Gresham House
Industry welcomes move to shift storage to local planning regime