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Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes consultancy, engineering, design and project management services. The Nuclear segment supports clients across the entire nuclear lifecycle with the full spectrum of services from consultancy, EPCM services, field services, technology services, spare parts, reactor support and decommissioning and waste management. The O&M segment consists of providing operations, maintenance, and asset management solutions. The Linxon segment offers engineering, procurement, management, and construction services. The LSTK Projects is comprised of the remaining LSTK construction contracts of the Company.


TSX:ATRL - Post by User

Post by Gabrielon Mar 02, 2023 7:17pm
143 Views
Post# 35316393

1GW Battery Storage

1GW Battery Storagehttps://batteriesnews.com/available-power-linxon-unveil-strategic-partnership-1-gw-battery-energy-storage-project-pipeline/

Developer Available Power and Linxon, a joint venture between engineering firm SNC-Lavalin and Hitachi Energy, are targeting 1GW of battery storage projects in the ERCOT, Texas market. 

Linxon has already secured the necessary equipment supply to deliver on the first tranche of the 1,000MW-plus of battery storage projects, it said. The projects will be front-of-meter systems within the market managed by grid operator ERCOT.

Ben Gregory, President of Available Power said: Battery energy storage is transforming and strengthening how power grids operate. Were proud to pair Available Powers development experience with Linxons leading EPC credentials. 

Nicolas Sanloup, President and Managing Director of Linxon Americas added: We focus on innovation, portfolio transition, and sustainability, which guides us in all our activities, and we see battery energy storage systems (BESS) as a key asset class. 

Available Power is a Texas-focused energy storage developer founded in 2020 by ex-Shell executives. It has announced one major project prior to this announcement, a 100MW/200MWh battery storage system at a net-zero technology campus and airport near Austin, Texas. 

Linxon meanwhile was founded in 2018 as a joint venture between Canadian engineering firm SNC-Lavalin and Hitachi Energy, part of the large Japanese conglomerate, to mainly focus on solutions centred around electricity substations. 

Hitachi Energy has been deploying its own energy storage technology solutions in the past few years, including most recently turbine technology at a pumped hydro plant in Austria and a two-hour battery storage system in Switzerland. The company was formed through the acquisition of ABBs power grids business by Hitachi. 

As of the end of 2022 there was around 2.7GW of utility-scale battery storage online and operational in Texas, while the interconnection queue is in the high double-digit gigawatts. Battery storage projects in the state garner revenues from a mix of ancillary services RRS (regulation reserve service) and RRS-FFR (fast frequency response) and energy trading around the most congested nodes of the grid. 

 


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