Thames Water has awarded a wide-ranging contract for supply, export, data and metering services for electricity to Haven Power which could run for up to 15 years and be worth between £1.2 billion to £2.2 billion.
The water company has been seeking to establish a partnership to exploit the value of its total portfolio and investment in good practice – Thames appointed Purenergy Ltd to assist with the project.
The water company is setting up a long term single framework agreement for the following possible services.
- Supply of electricity
- Export services
- Demand management and added value services
- Provision of Metering and Data Services
Thames Water’s current power requirements are:
i. Half Hourly electricity - 419 sites,1,070 GWh
ii. Non Half Hourly - 3221 sites, 80 GWh
In terms of renewable energy, Thames has a capacity for self generation of 288 GWh at approximately 75 sites, with standby/reserve generation of approximately 40 MW capacity.
In the financial year ended 31 March 2014 power accounted for a total spend of £51.8 million by Thames on operating expenditure for water resources, raw water distribution, water treatment and treated water distribution, and £58.5 million on sewerage collection and treatment, sludge treatment and sludge disposal.
Ipswich-headquartered Haven Power, which is owned by Drax, one of the UK's largest generation groups, was one of 10 companies in the bidding for the work.
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