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Gore Street selects EDF for 80MW UK battery optimisation

August 4, 2023

Gore Street Energy Storage Fund (GSF) has selected EDF as its trading and optimisation partner for the 80MW Stony battery energy storage system (BESS) in Milton Keynes in the UK.

The agreement will see EDF optimise the Stony BESS through its Powershift platform, providing access to a variety of revenue streams including the balancing mechanism, wholesale optimisation and ancillary services.

This is the third contract GSF has awarded EDF, which already manages the trading and optimisation for both the 20MW Lascar and 20MW Hulley BESS assets.

Alicja Kowalewska-Montfort, technical principal at Gore Street Capital, the investment manager of Gore Street Energy Storage Fund, said: “EDF has a strong track record with two of our existing assets, making the agreement to take on Stony a natural progression based on consistently good performance. Its commercial offer represented best value for Gore Street Energy Storage Fund, and we look forward to building on our joint success with the fund’s biggest GB asset to date.”

Stuart Fenner, director of wholesale market service commercial at EDF, said: “We are very pleased that Gore Street Energy Storage Fund has once again chosen EDF as its trading and optimisation partner and we are committed to continuing to strengthen our relationship into the future. This partnership will provide essential flexibility to the energy system and reinforces EDF’s commitment to helping Britain achieve net zero.”