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18 Oct 2019 | 10:18

Gore Street sees energy capacity almost double as Port of Tilbury project gets underway

Gore Street Energy Storage said its 9-megawatt project at London's Port of Tilbury was operational, almost doubling the size of the company's operational asset base to 19 megawatts.

The behind-the-meter energy storage project benefited from a diversity of income sources including Triad revenues, a secured Fast Frequency Response (FFR) contract and a capacity market contract, the company said.

The company said it anticipated its 10MW project at Lower Road in Essex would also become operational before the end of 2019 in-line with previous guidance.

At 10:18am: (LON:GSF) Gore Street Energy Storage Fund Plc Ord Gbp0.01 share price was -0.25p at 94p

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