BP and Tesla partner on wind storage project
The oil and gas giant, BP, has announced its partnership with the energy storage, solar, and electric vehicle company, Tesla.
The two firms are working on an energy storage project, connected to the Titan 1 Wind Farm, owned by BP’s subsidiary Rolling Thunder 1 Power Partners and located in South Dakota, to Tesla’s technology.
The 25MW wind farm will be linked to a 840KWh battery that will be able to produce 212KW of power.
The battery is anticipated to be operational by the second half of this year.
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“It’s another way that we’re working to create a wind energy business that is sustainable for the long-term and supporting the broader transition to a low-carbon future,” commented Laura Folse, CEO of BP Wind Energy.
“As a global energy business, BP is committed to addressing the dual challenge of meeting society’s need for more energy, while at the same time working to reduce carbon emissions,” noted Dev Sanyal, Alternative Energy Boss at BP.
“Projects like this one will be key in helping us get there and in playing our role in the global energy transition,” he added.
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.