Total to Build the Largest Battery-based Energy Storage Project in France
TOTAL SA (TOT)
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Source: Business Wire
PARIS--(BUSINESS WIRE)--Regulatory News:The development of renewable energy that is intermittent and decentralized requires the security of the electricity grid through flexible electricity storage capacities, especially in the form of batteries.Total (Paris:FP) (LSE:TTA) (NYSE:TOT) launches a battery-based energy storage project in Mardyck, at the Flandres Center, in Dunkirk’s port district. With a storage capacity of 25 megawatt hours (MWh) and output of 25 MW of power, the new lithium-ion energy storage system will be the largest in France. It will be used to provide fast reserve services to support the stability of the French power grid. It is part of government policy to support the development of electrical capacity through capacity mechanisms.Scheduled for commissioning in late 2020, the new storage system, which represents an investment of around €15 million, will be based on Saft’s Intensium Max 20 High Energy solution and will comprise 11 integrated 2.3 MWh containers, d
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