GIGA Storage will develop large-scale energy storage on the former Damco site
In the settlement of the bankruptcy of DAMCO Aluminum Delfzijl Coöperatie U.A. the trustee E. Eshuis has sold the closed distribution network with the connection to the high-voltage network to GIGA Storage.
GIGA Storage has acquired the closed distribution grid with the aim of realizing large-scale energy storage at this location in the future and thus supporting TenneT in balancing the volatility on the Dutch electricity grid. Groningen Seaports has signed a new lease agreement with GIGA Storage for a period of 50 years.
A large amount of sustainable energy is generated in the Delfzijl region. Energy storage will play an important role in the temporary storage of this sustainable energy and, when there is a shortage of energy, in putting it back on the electricity grid. The location is directly connected to TenneT’s high-voltage grid. The purpose of this energy storage project is to solve local congestion and provide grid balancing services to TenneT. This will ensure that the grid is stabilized and that more parties can be connected.
“It is good to see that such a striking location with an enormous Groningen history will now be partly used for the new economy: increasing the amount of sustainable energy on our network. We are also pleased with TenneT’s positive support for this project,” says Cas König, CEO of Groningen Seaports.
“For Groningen Seaports, this is an additional and logical step in the energy transition. Our locations originally housed several fossil power plants. By facilitating large-scale energy storage in addition to wind turbines and solar parks, we are demonstrating that we consider sustainable energy important.”
“As unfortunate as it is that this industrial beacon of Delfzijl had to stop, we are also very pleased that we have the opportunity to replace a large industrial energy consumer and thus give a sustainable interpretation to the location”, says Ruud Nijs, CEO GIGA Storage. “We are committed to providing energy solutions that ensure grid stability without having to deploy fossil fuel power plants. The project means an acceleration of the roll-out of our projects. GIGA Storage aims to have at least 5 GW of energy storage under management by 2030. By taking over the closed distribution network, GIGA Storage can take a major step towards achieving this objective.”
GIGA Storage will now begin designing and planning the facility and permit application. They work closely with various agencies to ensure that all stakeholders are kept informed of developments and remain involved in the process.
ABOUT GRONINGEN SEAPORTS
Groningen Seaports is the manager of the port of Delfzijl, the Eemshaven and the adjacent industrial areas. It provides complete port services, from logistics services to the issuance, maintenance and development of the sites in both areas.
Seaports creates clusters and partnerships in a responsible and sustainable manner on the propositions ‘circular’, ‘biobased chemistry’ and ‘energy(related)’, in order to create employment, value and quality of life within its management area for (future) customers and other stakeholders and in the Northern Netherlands.
ABOUT GIGA STORAGE
GIGA Storage is a developer, investor and operator of large-scale energy storage projects in Europe. Our mission is to accelerate the shutdown of gas and coal-fired power plants. We do this by realizing large-scale energy storage projects and smartly managing them with our IT platform. As a result of these and future projects, more sustainable energy projects can be connected, and they are also switched off less often. In addition, we contribute to the more efficient use of the electricity grid. We started in 2018, are market leader in the Netherlands and opened an office in Belgium.
Tiffany Abati, Marketing & Communication Manager +31 6 11530639, [email protected]
Tim Lambeck, press officer +31 6 21536271, [email protected]