This week, the two companies announced that they will investigate how combining Ørsted’s wind technology with Highview Power’s liquid air energy storage can deliver a stronger investment case for future offshore wind projects.
As stated by Highview Power, this partnership comes at a critical moment in the UK’s energy transition – offshore wind will be essential for the UK’s ambition to achieve net zero by 2050 and to achieve this a step-change in the speed and scale of deployment of offshore wind is needed.
We believe that energy storage will play a pivotal role in a world that runs entirely on green energy
… said Duncan Clark, Managing Director Offshore and Country Chair UK & Ireland for Ørsted
Storage systems will play a crucial role in supporting the stability of the power network and improving the efficiency of wind farms, encouraging future investment in renewable energy that will boost the UK’s energy security and cut consumer bills, Highview Power stressed.
Our storage and stability technology, combined with Ørsted’s wind technology, will play a critical role in creating a more sustainable and self-sufficient energy system for the UK.
… said Richard Butland, CEO of Highview Power
The company claims that the lack of renewable energy storage during peak conditions this winter meant that the UK was unable to store as much as 1.35 TWh of wind energy, which could have powered 1.2 million homes with clean, green energy every day. Over this period, the UK had to rely on £60 billion of gas.
Industry collaboration such as this is key to ensuring that we achieve enduring technical solutions that are fit for purpose but also maximise value to Britain’s electricity consumers.
… said Julian Leslie, ESO (electricity system operator for Great Britain) Head of Networks and Chief Engineer