REG - SIMEC AtlantisEnergy - Application for Scotland BESS project

SIMEC Atlantis EnergyAnnouncement

11/06/2024 11:45

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RNS Number : 9922R  SIMEC Atlantis Energy Limited  11 June 2024

11 June 2024

 

SIMEC Atlantis Energy Limited

("SAE Renewables", "SAE" or the "Company")

 

Application for up to 300MW / 1.2GWh Scotland BESS project

 

SAE is pleased to announce that it has submitted an application for Section 36
consent to the Scottish Government's Energy Consents Unit for a battery energy
storage system ("BESS") project of up to 300MW, sized for up to 4 hours
duration (1.2GWh). The project, named "Mey BESS", will be located inland,
5.5km southwest of SAE's MeyGen tidal project, 0.5 km southeast of the village
of Mey in Caithness and located adjacent to the planned and fully consented
SSE Gills Bay 132kV substation project.

 

SAE has secured all the necessary land rights and 287MW of both import and
export grid capacity to allow for the BESS project to be built. The grid
capacity is planned to be shared between Mey BESS and the Company's MeyGen
tidal array with 207MW being utilised exclusively for BESS and the balance of
80MW secured for the expansion of the MeyGen tidal stream project. The consent
application is sized at 300MW to allow for further expansion from 207MW to
300MW which would be subject to future grid applications.

 

The grid connection and all infrastructure is consented and ready to be built,
with an anticipated completion of April 2027.

 

It is expected that the Mey BESS project will initially be built using 2 hour
duration batteries to give an output capacity of 414MWh, with the site layout
sized in the planning application to allow for expansion using 4-hour duration
batteries of up to 300MW/1.2GWh.

 

The development rights in the project are held by Mey Energy Storage Limited,
which is owned 84% by SAE and 16% by Scottish Enterprise.

 

SAE have significant presence and operations experience in the local area,
having been operating the MeyGen tidal array in Caithness for many years.

 

The dedicated project page will be available at:
www.saerenewables.com/mey-BESS (http://www.saerenewables.com/mey-BESS)

 

 

For further information, please contact:

 

 SAE Renewables                                           +44 (0)7739 832 446

 Sean Parsons, Director of External Affair

 Strand Hanson Limited (Nominated and Financial Adviser)  +44 (0)20 7409 3494

 Richard Johnson

 Rory Murphy

 David Asquith

 Zeus Capital Limited (Broker)                            +44 (0)20 3829 5000

 Louisa Waddell

 Simon Johnson

 

Notes to Editors

SAE Renewables is a global developer, owner and operator of sustainable energy
projects. SAE owns the world's flagship tidal stream project, MeyGen. SAE is
also the owner of the Uskmouth Power Station site that is being repurposed
into a sustainable energy park, initially housing one of the UK's largest
battery energy storage projects. https://www.saerenewables.com/
(https://www.saerenewables.com/)

 

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