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UK Power Reserve On Track To Deliver 360MW Of New Gas Power Stations

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UK Power Reserve is on track to deliver its 2014 capacity
market commitments, with nine power stations built so far in 2017 and another
nine set for completion by the end of the year. When all 18 are complete, the
company – which is one of the biggest battery storage developers in the UK –
will contribute 364MW of fast-ramping, flexible gas-fired generation to the UK
energy system.



The UK’s leading energy challenger has already brought 182MW
online this year, enabling the growth of renewables by strengthening the
system’s resilience in times of peak demand. Three are located in the South
West, two in the Midlands and four in the North. In addition, UK Power Reserve
now owns and operates a power station in London: the first to be built in the
capital for several years.



This newly built generation, which uses best available
technologies, is a critical part of a flexible energy system that requires
nimble, small-scale back up power to respond to rapid changes in demand. UK Power Reserve will build an additional
160MW of gas-fired capacity from the 2015 capacity market auction and is in
talks with major suppliers to build the 120MW of battery storage capacity won
in 2016. The company’s total portfolio of 823MW is on the distributed power
network.



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UK Power Reserve supports a flexible, low carbon UK power
market and is challenging the status quo, providing strong competition to
incumbent power producers like the Big Six to deliver real value for consumers.



Tim Emrich, CEO and founder of UK Power Reserve, said:
“We’ve reached a really important milestone in successfully delivering half our
2014 Capacity Market obligations. We’re well on track to complete the rest of
our commitment by the end of the year. My company is one of the few building
distributed gas power stations which are driving competition and helping to
bring consumer prices down. Combined with our ambitions for battery storage and
our plans for the next UK capacity market auction, a gigawatt portfolio is well
within sight. UKPR is an essential part of making the UK energy markets
cleaner, more resilient and more affordable.










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