Short Term Operating Reserve is the backstop of demand response in the UK. It is a program with over 1.8 GW being contracted by National Grid, across all forms of generation, through blind tenders taking place three times each year. KiWi Power has held the highest STOR price of all other UK aggregators for the last 5 years. STOR utilises both generation and ‘turn down’ to alleviate stress from the grid.
Participation in National Grid’s STOR programme can benefit your business in two main ways. Firstly, it will allow you to turn traditionally cost intensive assets into a predictable, recurring, annual revenue stream – earning you over £23,000 per MW per year. Secondly, it will increase your operational resilience on site. Knowing that your generation assets can be relied on to keep your site running in event of a mains shut off gives business leaders and operational site managers greater peace of mind. STOR as a programme can be used to satisfy existing testing regimes for your backup generation capacity. KiWi Power will also supply your site with detailed reports on asset performance after each STOR event allowing you to see how your assets are operating.
Sembcorp Bournemouth Water (SBW) supplies over 140 million litres of drinking water to nearly half a million peoplein Dorset, Hampshire and Wiltshire. Sembcorp partnered with KiWi Power for demand response and frequency response to improve site resilience and generate recurring revenue streams. Read more here
Colchester Hospital University NHS Foundation Trust provides healthcare services to around 370,000 people from Colchester and the surrounding area of north east Essex. Colchester General Hospital opened in 1984 and is one of Essex’s largest facilities. Their care covers 596 inpatient beds, 44 maternity beds and 12 critical care beds (excluding A&E). KiWi Power maximised generator operating revenue and quickly the Trust’s recurring revenue was on target for £100k pa. Read more here
As one of the UK’s largest multimedia companies Trinity Mirror Group’s (TMG) award-winning portfolio includes five national newspapers, over 100 regional newspapers and a range of websites and digital products. Trinity Mirror, with an award winning portfolio of newspapers, websites and digital products, employs over 6000 people across the UK. Read more here or watch their story here
Are You Interested?
STOR is one of the demand response programs that can be easily implemented across industrial and commercial sites. Any site with backup generation or shiftable demand that can react to a call in under 15 minutes could be eligible.
To find out if you could participate in STOR all you need to do is give KiWi Power a call and talk to one of our demand response experts: