US, WASHINGTON (NEWS OBSERVATORY) — Total (PA: TOTF ) announced Thursday the launch of a project to build the largest battery storage site in France, in Dunkirk (North), which could accelerate the development of intermittent renewable energy in the context of rebalancing electricity production.
The site will have a storage capacity of 25 megawatt hours (MW / h) and will mainly serve as a primary reserve to support the stability of RTE, the manager of the electricity transmission network, said the French energy group in a press release.
Total, like other oil majors, is seeking to strengthen its position in renewable energies. It plans to invest around two billion dollars (1.8 billion euros) per year to develop its low-carbon activities and increase its renewable energy production capacity to 25 gigawatts by 2025, compared to around 6 GW planned for the end of 2020.
“This project is part of Total’s strategy to develop stationary energy storage, which is essential for the development of renewable energies (…),” said Patrick Pouyanné, CEO of Total.
“It supports the ambitions to increase the share of renewables in the French energy mix by helping to stabilize the national electricity network,” he added.
Total’s project, which represents an investment of 15 million euros, will be operational by the end of the year and will be developed by the Saft subsidiary, which specializes in batteries for industry.
The battery energy storage market is set to grow with the supply of intermittent and decentralized renewable energy.
In particular, RTE launched in January a separate project, called Ringo, to test the integration of battery storage into the network.
According to RTE, the energy storage sites will prevent losses in the production of renewable energy.
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