Energy producer Cero Generation and energy trader Danske Commodities have announced the signing of an optimization agreement for a new British battery energy storage system (BESS).
Cero Generation and its UK development partner Enso Energy have chosen Danske Commodities to optimize their 70MW/140MWh Lower Larks BESS.
Lower Larks has an expected operational date of the second quarter of 2027 and will be based in Bristol, England. The BESS will be based at the Larks Green solar project, Britain’s first transmission-connected solar farm, which was completed in April 2023.
Danske Commodities will optimize the BESS through a seven-year toll agreement. For this, Danske will cover the market exposure of the battery.
“The 140 MWh Lower Larks battery… completes the Larks Green project by adding a second battery to our operational, co-located PV-BESS site,” explains Tadgh Cullen, director of power markets & origination at Cero Generation.
Jesper Tronborg, senior VP, head of origination & new markets at Danske Commodities, added:
“With more than 15 years of experience in the UK energy markets, we will apply our trading expertise to provide much-needed flexibility for intermittent power generation. The UK is a core market for us and we look forward to further expanding our portfolio of flexible assets.”
In the joint announcement, Danske emphasized that BESS facilities like Lower Larks “are key to a successful energy transition.” Lower Larks will store its excess generated energy and export it to the grid when energy demand is high, reducing demand on the grid and balancing intermittent energy production.
The agreement marks an international collaboration between the three companies, with Cero Generation and Enso Energy based in the United Kingdom, and Danske Commodities a subsidiary of Norwegian energy company Equinor.
