Aggregated Micro Power Plc (LON:AMPH) subsidiary Ashford Power has agreed an peak demand electricity supply deal with Danish renewables giant Dong Energy.
DONG Energy will control the Kent-based plant remotely from its 24/7 trading desk in Denmark, which will utilise the plant based on demand and production needs.
“We’re very pleased to enter into this agreement with AMP. As a company responsible for balancing one of the world’s largest wind portfolio, we have a constant focus on the short-term market which makes an asset like Ashford Power a natural fit.
“Given the highly flexible characteristics of the asset and our market insight, we look forward to realising its full potential,” said Søren Scherfig at Dong Energy.
Chris Wickins, Project Development Director at AMP, added: “This is a fantastic gas-fired flexible power generation project that helps underpin the UK’s growth in renewables.
"We’re delighted to partner with Dong Energy, whose power purchase agreement was instrumental in getting the project to financial close.”
Ashford Power is situated on the Kingsnorth Industrial Estate in Kent and has a capacity of 21MW of natural gas reciprocating engines selling power to the grid at times of peak demand.
Commercial operations are expected to start in the third quarter.