The energy company InterGen, in which the Sev.en group
has an equity stake, has succeeded in a UK government auction. It has won a
15-year contract for its large-scale battery storage project in the UK. This
will store surplus renewable energy and can provide fast back-up power for the
electricity grid during periods of excess demand. The Gateway Battery Energy
Storage System will be able to provide up to 320 MW/640 MWh of energy for over
300,000 homes and businesses, with the potential to expand to 450 MW/900 MWh.
The project, worth ca. GBP 200m, first received planning consent from BEIS in
November 2020. Construction will start in 2023.
Prepared by the team of foreign office CzechTrade and CzechInvest Seoul