Operational Grid Support portfolio by Velox Power

Grid Support Operational

Various, UK

Year First Project Acquired
2017

The Velox Operational Grid Support portfolio is a collection of 12 sites in England, Scotland and Wales providing flexible generation to the grid. The first project in the portfolio reached operations in January 2019.

The Velox Grid Support portfolio supports the UK’s transition to net-zero by providing flexible energy to the grid when wind or solar power is not available. Using gas reciprocating engines, the Velox assets can ramp up quickly to provide power during peak periods or when intermittent renewable generating assets are unable to provide sufficient power to the grid. All projects benefit from 15-year fixed index-linked Capacity Market Agreements backed by National Grid. A number of the sites are connected to the grid network at voltages of up to 11kV or what is commonly called ‘distributed generation’, making them eligible for additional valuable revenue streams.

The operational Grid Support portfolio currently includes 12 sites totalling 165 MWs, of which 21 MW are located in Wales, 84 MW in England and 60 MW in Scotland. An additional 150 MW is expected to be operational on completion of the full portfolio buildout. Generators are supplied by Siemens, MTU, MWM, Jenbacher and CAT and have some of the highest efficiencies available in the market.

12

Sites

21 MW

in Wales

84 MW

in England

60 MW

in Scotland

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