Ruien Energy Storage is a cooperation between the Japanese listed company Nippon Koei, the German investment fund Aquila Capital and the Belgium company YUSO. RES is currently developing a battery-based energy storage system in Ruien (East Flanders, Belgium). The storage system is expected to contribute to the further integration of renewable energy sources in Belgium.
With the ever-increasing integration of renewable energy, the imbalance between the instantaneous generation and the instantaneous consumption on the grid is increasing. To eliminate this imbalance, the temporary surplus must be able to be stored or made available quickly. A storage system with battery technology is ideally suited for this task. RES aims to provide support services to European grid operators (TSOs) and to offer more localized energy services. The project is being carried out at the Ruien site where an 800 MW coal-fired power station used to be located. That polluting plant was demolished and is now making way for the future.
Founded in 1946, Nippon Koei (NK, 1954 JP) is the oldest independent engineering consulting firm in Japan and has worked on over 5000 multi-disciplinary infrastructure projects in 160 countries all over the world. NK’s engineering consulting service solutions cover the whole spectrum of energy infrastructure, transportation infrastructure, water and sanitation, environment and agriculture, urban and industry and public sectors.
With regards to its energy business, NK has strong relationships with transmission operators and a dominant market share in substation control system equipment especially with TEPCO. Through its extensive research and development, NK has been successful in various energy fields such as:
For more than 70 years NK provided engineering consulting and EPC services to major energy players in Japan and abroad. The company now supports energy transition focused on new business models such as energy storage, micro grids and VPP.
Aquila Capital is an investment and asset development company focused on generating and managing essential assets on behalf of its clients. By investing in clean energy and sustainable infrastructure, Aquila Capital contributes to the global energy transition and strengthens the world’s infrastructure. The company initiates, develops and manages these essential assets throughout the entire value chain and life cycle.
Currently, Aquila Capital manages approximately €13 billion on behalf of institutional investors worldwide, in wind, solar and hydro energy. It has assets of more than 12 GW and over 2 million square meters of sustainable real estate and green logistics projects completed or under development. The company has approximately 600 employees from 48 countries, operating in 15 offices in 13 countries worldwide.
YUSO combines the more than 35 years of experience of its management in operating the market with a deep understanding of cloud-based IT infrastructure, automated portfolio management and knowledge of meteorology to meet its clients’ energy needs.
The Capacity Mechanism was created to support new investments in capacity with a view to the – as yet – planned nuclear phase-out in 2025. The aim is to build 2,300 MWe of new gas-fired power plants by 2025 to facilitate the transition to a production park with more renewable resources. However, more sustainable solutions such as battery systems can also absorb surpluses and fill shortages. In this blog we discuss the battery projects submitted by YUSO.
The Japanese listed company Nippon Koei Co. Limited, via its 100% owned subsidiary Nippon Koei Energy Europe B.V., and Aquila Capital, a sustainable investment management and asset development company, headquartered in Hamburg, Germany, are pleased to announce the financial close for a 25MW/100MWh grid-scale battery energy storage system (BESS) located in Ruien, Belgium.
Ruien Energy Storage NV is a joint venture between the Japanese listed company Nippon Koei and the Belgium company Yuso. RES NV is currently developing a battery-based energy storage system in Ruien (East Flanders, Belgium). The BESS targets to deliver ancillary services to European grid operators (TSOs) as well as more localized energy service offerings at the site of the former 800MW coal fired power plant currently under post-decommissioning redevelopment.