George Eustice MP visits Wave Hub battery storage scheme

George Eustice MP visits Wave Hub battery storage scheme
  • Centrica Business Solutions has begun work on a new battery storage unit that will form the latest element of its pioneering Cornwall Local Energy Market
  • The 1MW battery will be one of Cornwall’s largest batteries once complete
  • Battery to be connected to Local Energy Market to provide energy resilience to Cornwall Council owned Wave Hub site and the local grid.

George Eustice, Member of Parliament for Camborne, Redruth and Hayle, visited the Wave Hub site in Hayle, Cornwall, where Centrica has begun work on a new battery storage unit that will form the latest element of its pioneering Cornwall Local Energy Market.

Centrica Business Solutions has designed the 1MW battery to provide energy resilience to the Cornwall Council owned Wave Hub site and the local grid. It will be one of Cornwall’s largest batteries once complete.

The multi-award-winning Cornwall Local Energy Market offers a glimpse into the future of a truly decentralised energy landscape with thousands, if not millions, of homes and businesses playing their part in regional energy markets.

It goes further than any previous project in exploring how decentralised flexible assets can work together in an efficient local energy system that meets the needs of generators, customers and networks alike – reducing strain on the grid at peak times and maximising the productivity of Cornwall’s famous renewable energy generation.

Wave Hub sits within Mr Eustice’s Camborne and Redruth constituency.

Wave Hub Limited exists to help floating offshore wind and wave energy technologies and developers from around the world test their technologies in open sea conditions and provides some of the best wind and wave conditions in Europe.

Wave Hub Limited, which is solely owned by Cornwall Council, will own the battery storage system once in place, with Centrica responsible for the funding, construction and operation.

Notes

  • Centrica plc is a leading international Energy Services and Solutions provider. Our purpose is to provide energy and services to satisfy the changing needs of our customers, enabling the transition to a lower carbon future. We’ve been serving customers for over 200 years and aim to be at the centre of their daily lives - central to helping them run their world in ever more sustainable ways.
  • The Cornwall Local Energy Market is part-funded by the European Regional Development Fund under the European Structural and Investment Funds Programme 2014-2020
  • The project is receiving £11m of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. For more information about the project visit: https://www.centrica.com/news/centrica-build-pioneering-local-energy-market-cornwall-0
  • The Ministry for Housing, Communities and Local Government (MHCLG) is the Managing Authority for the European Regional Development Fund in England
  • Established by the European Union, the European Regional Development Fund (ERDF) helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding