Centrica signs up first business for virtual energy marketplace

A farm and holiday retreat is to use energy storage technologies as part of Centrica’s virtual energy marketplace trial in Cornwall. UK firm redT is to connect 1MWh energy storage […]

By Priyanka Shrestha

A farm and holiday retreat is to use energy storage technologies as part of Centrica’s virtual energy marketplace trial in Cornwall.

UK firm redT is to connect 1MWh energy storage machines to The Olde House’s 250kW solar array, which also powers an onsite electric vehicle charging station.

Centrica’s £19 million Local Energy Market trial will test the role of flexible power generation and storage in up to 150 homes and businesses across Cornwall.

It aims to reduce pressure on the local grid while rewarding participants for being more flexible with their energy use.

Shaun Hawkey from The Olde House said: “We generate large amounts of electricity throughout the day but unfortunately cannot utilise it all. With the installation of these energy storage machines, we will be able to store the energy until times when we have a higher demand, for example at the end of the day and into early evening when our guests return from their days out.”

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