27th March 2023
ENGIE secures new battery storage project in the UK
ENGIE secures new 50 MW Ready to Build battery storage project in the UK
The acquisition supports the Group’s ambition to increase its flexible generation capacity, contributing to its target to reach 10 GW of battery storage globally by 2030.
ENGIE has secured another 50 MW battery storage site in Scotland, this time from developers Hive Energy, EcoDev Group, Sirius Group, and Ethical Power, with energisation planned for H2 2024.
On 21st February, ENGIE Group announced plans to step up its sustainable growth investments
by 50% for the period of 2023-2025, targeting the acceleration of renewables development (both
electric and gas) and decarbonisation solutions. As part of this strategy, the Group is targeting 10
GW of battery storage capacity to be added to the grid by 2030, mainly in Europe and the US.
This latest UK site acquisition, together with another 50 MW acquisition made in late 2022, is an
important milestone towards ENGIE’s global BESS (Battery Energy Storage System) ambition,
and reinforces our leading position in the UK energy storage and flexibility market.
“The acquisition of the 50MW Broxburn project strategically complements ENGIE’s recent
acquisition of a 50MW project at Cathkin (East Kilbride), with both projects 30 miles from each
other, connecting to the 33kV network at the exact same time. The project highlights ENGIE’s
commitment to building upon its leading position in the UK’s power flexibility market, where these
BESS assets will operate alongside ENGIE’s existing 2.1GW of pumped storage capacity in North
Wales. We were happy to work with Hive Energy, EcoDev Group, Sirius Group, and
Ethical Power on this acquisition.” – Aidan Connolly, Head of Battery Storage UK
This acquisition is just one of the many steps that ENGIE is taking to accelerate the energy
transition. By combining green electricity with reliable and flexible generation and storage
technologies, we will be able to create a more secure and sustainable energy future for all.
Download the article here.
Our group is a global reference in low-carbon energy and services. Together with our 101,500 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon- neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. Turnover in 2021: 57.9 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris - Eurozone 120/ Europe 120/ France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).