Habitat picks up management contract for Gresham House

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

Market tweaks could release 1GW fast response batteries within a year, says Habitat Energy’s Ben Irons

Industry welcomes move to shift storage to local planning regime