Uniper has secured full tolling rights for the Arneburg Battery, a significant energy storage facility in Saxony-Anhalt, Germany. This agreement allows Uniper to manage the battery’s operations. Neoen signed this deal, granting Uniper control over the asset.
The Arneburg Battery’s Capacity
The Arneburg Battery offers a substantial capacity. It provides 30 megawatts (MW) of power. Additionally, the facility features 78 megawatt-hours (MWh) of energy storage. The battery is located in Saxony-Anhalt, Germany.
Understanding Tolling Rights
Tolling rights grant Uniper full operational control over the Arneburg Battery. This means Uniper can decide when and how to dispatch the stored energy. Such rights allow the company to optimize the battery’s usage. This arrangement supports grid balancing and energy market participation.
The Seven-Year Agreement
This specific agreement spans a duration of seven years. Neoen, the original developer or owner, granted these rights to Uniper. The long-term nature of the deal provides stability for both parties. It also underscores the strategic importance of energy storage.
Strategic Implications for Uniper
Uniper now controls a key energy storage asset. This position enhances its flexibility in the German energy market. The company can better manage fluctuating renewable energy supplies. Consequently, Uniper strengthens its portfolio with this new capability.
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