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AMP ENERGY ANNOUNCES THE LARGEST BATTERY STORAGE FACILITIES IN EUROPE WITH TWO
FLAGSHIP 400 MW PROJECTS LOCATED IN SCOTLAND

PR Newswire
Tuesday, January 25, 2022 at 12:00pm GMT


AMP ENERGY ANNOUNCES THE LARGEST BATTERY STORAGE FACILITIES IN EUROPE WITH TWO
FLAGSHIP 400 MW PROJECTS LOCATED IN SCOTLAND

PR Newswire

LONDON and TORONTO, Jan. 25, 2022

LONDON and TORONTO, Jan. 25, 2022 /PRNewswire/ - Amp Energy, a global Energy
Transition Platform, and renewable energy developer, today announces Europe's
two biggest battery storage facilities with its 800 MW battery portfolio in
central Scotland (the "Scottish Green Battery Complex"). The portfolio is due to
be operational in April 2024 and will be comprised of two 400 MW battery
facilities, each providing 800 MWhrs of energy storage capacity.

 * Following consultations with stakeholders and local councils the two sites
   received planning consent from the Scottish Government Energy Consents Unit
   on the 5th January 2022.
 * The 400 MW batteries will be the two largest grid-connected battery storage
   facilities in Europe.
 * Amp X, Amp's proprietary AI-powered digital energy platform, will be used to
   optimize dispatch of power from the batteries to the electricity grid.
 * The projects will provide reliable grid stability services and power
   management across the central belt of Scotland including Glasgow and
   Edinburgh.
 * By storing and managing the dispatch of renewable energy generated from
   Scottish windfarms, the projects are future-proofing the UK's electricity
   infrastructure at a fraction of the cost of expensive transmission upgrades.

Setting the standard for energy storage globally, the projects, located in
Hunterston and Kincardine, provide an important step forward for the UK towards
achieving its net-zero target. Following the recent ScotWind offshore wind
announcement for the planned addition of 25 GW of new renewable generation
capacity, the requirement for large-scale energy storage that can shift power
and provide grid stability services is even more critical. Over the coming
years, Amp's Scottish battery facilities will enable up to 1,750 GWhrs per year
of additional renewable energy to be generated in Scotland and transported to
other regions of the UK, equivalent to enabling approximately 500 MW of new
offshore wind deployments.

"With these ground-breaking projects Amp is making a significant investment in
vitally needed green infrastructure as the UK transitions to a fully
decarbonized grid. Our projects not only support the growth of renewable
generation in Scotland but also provide an alternative to costly transmission
upgrades for consumers" said Ben Skinner, Vice President Global Markets at Amp.

The Hunterston and Kincardine projects are also participating in National Grid's
Scottish Stability Pathfinder 2 tender, which seeks to address voltage and
stability issues faced by the UK electricity grid. Amp's facilities will deploy
state-of-the-art grid-forming inverter technology alongside two new Synchronous
Condensers installations which also assist with grid stabilisation.

"The UK electricity grid is in the process of transitioning to a greener
net-zero market", according to Amp's Co-founder and Chief Investment Officer,
Paul Ezekiel. "This has only been accelerated with the recently awarded addition
of 25GW of offshore wind licenses as part of the ScotWind offshore wind leasing
program.  Amp's development of strategically located, transmission-connected
utility-scale batteries is helping the GB transmission network operator to
provide UK citizens with a stable and secure carbon free electricity system."

This investment continues Amp's expansion into Europe which includes development
and ownership of solar and wind with large-scale energy storage facilities in
Spain and the UK, alongside active development of several green hydrogen
projects that complement its Asia-Pacific green hydrogen development activities.

The Scottish Green Battery Complex will be optimized and dispatched by Amp X,
Amp's proprietary AI-powered digital energy platform. Amp X relies on its
proprietary and already bankable transactive-ready system architecture and
cloud-hosted state-of-the-art advanced analytics. Operating autonomously, the
Amp X platform provides solutions to grid constraints, providing flexibility and
enabling the end-to-end energy transition.

"With our global scale and the disruptive innovation that we are deploying with
our Amp X platform, we are at the forefront of the global energy transition."
Paul said. "The deployment of Green Hydrogen and utility-scale energy storage,
such as the Scottish Green Battery Complex, is critical to our continued rapid
growth and long-term strategy." 

About Amp

Amp is a global energy transition platform. 

We develop, own and operate clean energy assets throughout our core markets
around the world. Alongside Amp X, our disruptive grid-edge technology platform
utilizing proprietary artificial intelligence expertise, we are reimagining the
grid and leading the Energy Transition. The company is headquartered in Toronto
with global operations throughout North America, Australia, Japan, Spain, Czech
Republic, and the UK. 

Founded in 2009, Amp is a high-growth disruptor at scale, backed by major
investments from institutional capital partners including most recently Carlyle,
which invested US$374 million for a minority stake in the company in late 2020.

For more information, please visit amp.energy 

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content:https://www.prnewswire.com/news-releases/amp-energy-announces-the-largest-battery-storage-facilities-in-europe-with-two-flagship-400-mw-projects-located-in-scotland-301466976.html

SOURCE Amp Energy

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