{"id":128,"date":"2018-06-27T12:51:49","date_gmt":"2018-06-27T12:51:49","guid":{"rendered":"http:\/\/www.oilandgasdirectory.com\/blog\/?p=128"},"modified":"2018-06-27T12:53:45","modified_gmt":"2018-06-27T12:53:45","slug":"masdar-and-equinor-inaugurate-worlds-first-battery-storage-facility-connected-to-an-offshore-wind-farm","status":"publish","type":"post","link":"https:\/\/www.oilandgasdirectory.com\/blog\/masdar-and-equinor-inaugurate-worlds-first-battery-storage-facility-connected-to-an-offshore-wind-farm\/","title":{"rendered":"Masdar and Equinor inaugurate world\u2019s first battery storage facility connected to an offshore wind farm"},"content":{"rendered":"
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Peterhead, Scotland; June 27, 2018<\/b><\/span>\u00a0\u2013 Masdar (Abu Dhabi Future Energy Company) and the Norwegian multinational energy company Equinor (formerly Statoil) have installed, and will soon begin testing, a new battery system designed to store electricity generated by Hywind Scotland, the world\u2019s first commercial-scale floating wind farm.<\/span><\/span><\/div>\n
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The battery storage solution is the first in the world to be connected to an offshore wind farm. The project is designed to evaluate the capabilities of advanced storage technologies to optimise the release of electricity from renewable energy plants to transmission grids \u2013 from both a technical and commercial perspective.<\/span><\/span><\/div>\n
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Deployed at an onshore substation, the battery system known as \u201cBatwind\u201d has a storage capacity of 1.2 megawatts, equivalent to the battery capacity of more than 1.3 million\u00a0iPhones. By helping to mitigate peaks and troughs in production, the project aims to maximise the commercial value of Hywind Scotland\u2019s electricity output.<\/span><\/span><\/div>\n
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Following the successful installation of Batwind, Masdar and Equinor will now explore how the new storage solution can be utilised to improve the operational and cost efficiency of other wind farms \u2013 to open up new commercial opportunities in an expanding global wind power market.<\/span><\/span><\/div>\n
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Bader Al Lamki, Masdar\u2019s Executive Director for Clean Energy, said: \u201cEnergy storage is vital to unlocking the full potential of renewables by mitigating the variable nature of wind and solar power. Batwind will help us to understand how we can deploy this new technology in future projects, both in solar power and wind power plants.\u201d<\/span><\/span><\/div>\n
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\u201cBatwind exemplifies how we at Masdar are moving forward with our partners, through innovation and collaboration, to bring commercially viable solutions to the renewable energy sector,\u201d Al Lamki added.<\/span><\/span><\/div>\n
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According to a recent International Renewable Energy Agency (<\/span>IRENA) report<\/span><\/a>\u00a0from last October\u00a0<\/span>the cost of installing battery storage systems could fall by two-thirds (66%) by 2030. Masdar has played a key role in developing energy storage solutions as part of its\u00a0<\/span>commitment over the last decade to advance commercially viable clean technologies. An example is the G<\/span><\/span>emasolar concentrated solar power (CSP) project in Spain, the first in the world to use molten salt thermal storage and able to generate electricity 24 hours a day.<\/span><\/span><\/div>\n
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Operational data from Batwind will be assessed based on the weather, market prices and consumption patterns to create an intelligent and optimised storage system.<\/span><\/span><\/div>\n
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\u201cThe variability of renewable energy can to a certain extent be managed by the grid, but to integrate even more renewables, we will need to find new smart solutions for energy storage to reduce system integration costs and provide firm power,\u201d said Hywind Development Manager, Sebastian Bringsvaerd. \u201cHow to do this in a smart and value creating way is what we are aiming to learn from Batwind.\u201d<\/span><\/span><\/div>\n
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The Hywind Scotland wind farm was inaugurated in October 2017. Masdar holds a 25 per cent stake in the project while Equinor owns the remaining 75 per cent. The wind farm is made up of five 6-megawatt (MW) turbines floating 25 kilometres off the coast of Peterhead in northeast Scotland.<\/span><\/span><\/div>\n
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With an installed capacity of 30MW, Hywind Scotland supplies approximately 6,600 homes and displaces 63,000 tonnes of carbon dioxide emissions annually.<\/span><\/span><\/div>\n
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The project is Masdar\u2019s second offshore wind partnership with Equinor, after the Dudgeon Offshore Wind Farm in the English North Sea. Combined with London Array, currently the world\u2019s largest offshore wind farm in operation, the projects bring the total capacity of the UK renewable energy projects in which Masdar is an investor to over 1 gigawatt (GW).<\/span><\/span><\/div>\n
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Since 2006, Masdar has invested in renewable energy projects with a combined value of US$8.5 billion; the company\u2019s share of this investment is US$2.7 billion. Besides the UK, Masdar\u2019s renewable energy projects are located in the\u00a0<\/span><\/span>UAE<\/span>, Jordan, Mauritania, Egypt, Morocco, Montenegro, Serbia and Spain. The electricity generating capacity of these projects, which are either fully operational or under development, is around 3 gigawatts (GW) gross.<\/span><\/span><\/span><\/div>\n
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About Masdar<\/b><\/span><\/div>\n
Masdar is Abu Dhabi\u2019s renewable energy company which works to advance the development, commercialisation and deployment of clean energy technologies and solutions. The company serves as a link between today\u2019s fossil fuel economy and the energy economy of the future. Wholly owned by the Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, Masdar is dedicated to the United Arab Emirates\u2019 long-term vision for the future of energy and water.<\/span><\/div>\n
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About Equinor<\/b><\/span><\/div>\n
Equinor, formerly Statoil, is an international energy company with 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We\u2019re the largest operator in Norway, among the world\u2019s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we\u2019re building a global business on our values and the energy needs of the future.<\/span><\/div>\n
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Contacts:<\/b><\/span><\/div>\n
E-mail:<\/b>\u00a0press@masdar.ae<\/span><\/div>\n
Tel enquiries in Arabic:<\/b>\u00a0+971 2 653 3333<\/span><\/div>\n
Tel enquiries in English:<\/b>\u00a0+971 2 653 6014<\/span><\/div>\n
For more information please visit: http:\/\/www.masdar.ae and connect: facebook.com\/masdar.ae and twitter.com\/masdar<\/span><\/div>\n
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Peterhead, Scotland; June 27, 2018\u00a0\u2013 Masdar (Abu Dhabi Future Energy Company) and the Norwegian multinational energy company Equinor (formerly Statoil) have installed, and will soon begin testing, a new battery system designed to store electricity generated by Hywind Scotland, the world\u2019s first commercial-scale floating wind farm. \u00a0 The battery storage solution is the first in … Continue reading “Masdar and Equinor inaugurate world\u2019s first battery storage facility connected to an offshore wind farm”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-event"],"_links":{"self":[{"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/posts\/128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/comments?post=128"}],"version-history":[{"count":1,"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/posts\/128\/revisions"}],"predecessor-version":[{"id":130,"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/posts\/128\/revisions\/130"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/media\/129"}],"wp:attachment":[{"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/media?parent=128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/categories?post=128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilandgasdirectory.com\/blog\/wp-json\/wp\/v2\/tags?post=128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}