What is Battery Storage and why do we need it?
Our Battery Energy Storage Systems (BESS) store excess electricity until sold into the National Grid to meet industrial or domestic electricity demands. Our BESS assets help level out expensive peaks and troughs of electricity pricing caused by supply and demand imbalance.
Mission
To build a portfolio of commercial Battery Storage assets that contributes to the essential renovation of the UK’s renewable infrastructure and clean energy transition.
Lower 48 Energy is a UK based, new energy player focused on developing Battery Energy Storage Assets (“BESS”).
We have the vision, colleagues with real ambition and financial backing to deliver our mission.
Vision
To develop a robust, trusted and integrated international BESS portfolio and grid connections to accelerate the decentralised creation and use of renewable electricity.
Develop and own a portfolio of 250MW of Battery Storage in the UK in the next 2-3 years with a further expansion in the next 5-7 years delivering a Battery Storage capacity of 1GW, in-order to contribute to renewable infrastructure growth, and provide attractive financial returns for our investors.
We participate across the entire value chain, from originating grid connections, financing construction, and then managing the operation of the assets.
Values
In delivering a world class Battery Storage portfolio we will do so using Integrity, Perseverance, Agility and Excellence without compromise, fear or favour.
We care deeply about how we build our company. Every action, every decision, is underpinned and driven by these values. Our approach to values is one built on respect and a shared desire to do 'the right thing'. This approach will pay dividends.
In being true to our values, other complementary values follow, such as freely striving to learn, caring for each other and doing things better. And in doing so, this will be noticed by those around us, our staff, our partners, and our supply chain. It goes without saying we are a Safety First, community orientated business. That way we respect others and in turn they respect us.
25,000
average UK households can be continuously powered by a 50 MW BESS operating 2 cycles a day
20,000
tonnes of CO2 is avoided by utilising a 50 MW BESS when it replaced a gas peaker plant during the course of 1 year
3.5 TWh
OF THE UNITED KINGDOM’S WIND ENERGY WAS CURTAILED IN 2021 AS A RESULT OF THE SUPPLY DEMAND IMBALANCE, WHICH REPRESENTS 7% OF TOTAL WIND OUTPUT
20 GWh
OF BATTERY STORAGE COULD REDUCE THE AMOUNT OF WIND POWER CURTAILED BY UP TO 50%
£1bn
COST TO CONSUMERS OF WIND CURTAILMENTS ACROSS SCOTLAND AND ENGLAND IN THE FIRST 9 MONTHS OF 2022
About us
Lower 48 Energy combines diverse set of skills and experience in end to end Battery Energy Storage Systems development.
Lower 48 Energy works closely with suppliers, investors, and counterparties on BESS projects, leveraging market, engineering, technical, commercial and development expertise.
Environmental, Social & Governance (ESG)
Climate change will be one of the most economically impactful events in human history.
Central to Lower 48 Energy foundation is the desire to create considerable financial value for our shareholders by participating in an industry that directly facilitates green energy growth.
