Varco Energy’s cover photo
Varco Energy

Varco Energy

Renewable Energy Power Generation

Driving the UK's energy transition by building flexible battery energy storage.

About us

Varco Energy is a pioneering UK based battery storage asset owner and operator. We were founded to drive the energy transition forward towards a net zero future by building flexible energy storage.

Industry
Renewable Energy Power Generation
Company size
2-10 employees
Headquarters
London
Type
Privately Held
Founded
2020
Specialties
Battery Energy Storage

Locations

Employees at Varco Energy

Updates

  • Varco Energy is excited to be a Gold Sponsor at the Battery Asset Management Summit Series next week in London. We look forward to the event bringing together industry leaders and visionaries to shape the future of energy storage in the UK and Ireland. As a specialist battery storage owner and operator focused on the energy transition, Varco Energy is proud to be at the forefront of the UK battery storage sector. We continue to build out our portfolio to support the UK’s net zero ambitions and drive long-term value for our stakeholders. We look forward to connecting with industry partners at the summit. If you are attending, come and meet the Varco team to discuss how we are driving in the future of energy storage and how we can collaborate to accelerate the transition to a low-carbon economy. #EnergyStorage #BatteryStorage #EnergyTransition

    • No alternative text description for this image
  • Our latest project acquisition is an exciting addition to our growing portfolio, contributing to 350MW of operational assets by 2027, with a further 275MW in the pipeline. Thanks to Christina Howard, Emmanuel Ninos, and John Rosmini at Watson Farley & Williams for their extensive support across the transaction and to the entire Varco team for executing such a value accretive deal so successfully. John Lilley, Elliot Squire,Alexandra Williams,Samraj Gill, Emily Cam

    View organization page for Evolution Infrastructure

    2,165 followers

    We are pleased to have acted as Financial Advisor on the sale of the Old Allen Road Battery Energy Storage System (p.k.a Bradford West 2), a 100MW grid-scale project in West Yorkshire, to Varco Energy, Adaptogen Capital's UK BESS operating company.   This flagship project will play a key role in supporting the UK’s transition to net zero, delivering critical grid-balancing services such as frequency regulation, reserve capacity, and load shifting.   As the UK targets 23-30GW of energy storage by 2030, projects like Old Allen Road highlight the growing importance of BESS in enabling renewable integration and ensuring a stable, resilient electricity system.   We’re proud to support our clients in advancing the infrastructure that underpins a clean energy future.   Read more here: https://lnkd.in/et2zhAk2   #EnergyTransition #BatteryStorage #BESS #NetZero #UKInfrastructure

  • We are pleased to announce the full commercial operations of our 57MW/138MWh Native River Battery Energy Storage System (BESS) near Liverpool! Strategically located in the 'Mersey Ring' section of the UK Grid, Native River provides essential grid-balancing services, supporting NESO in ensuring a stable and reliable electricity supply. This cutting-edge facility leverages lithium-ion battery technology to deliver up to 57MW/138MWh of power, smoothing out fluctuations caused by intermittent renewables. This milestone marks a significant step in Varco's mission to drive the energy transition to a net-zero future. Over the next eighteen months, we aim to energise 250MW of assets in the UK, with a further 275MW in our pipeline. At Varco Energy, we are committed to investing in technology that enhances grid resilience and creates long-term value for consumers across the UK. Together, we are driving the energy transition and supporting a more sustainable future. 🌱💡 #VarcoEnergy #NativeRiver #BatteryStorage #RenewableEnergy #Sustainability #EnergyTransition #NetZero

    • No alternative text description for this image
  • One for you Roger Hollies i suspect to show what the BESS response was. The big issue we would highlight is the clear growing number of these trip events (more interconnectors of a more unstable nature?), and how close these frequency drops are getting to the minimum operating levels of 49.5Hz, blasting through the operational minimum target of 49.8Hz. Far be it for us to tell National Grid ESO how to manage risk, but it feels like the increased number of times this is happening is making the likelihood of a major event worryingly likely. Surely a 49.6Hz event should be a 3SD+ event happening at most once a year or so? Allowing the system to get to this level multiple times a year is asking for a black swan event to happen when a 'double trip' kicks in. As BESS operators we would say this, but given how low cost it is to procure fast frequency response services, surely NESO should double procurement immediately and ensure trips can't push the system to such a low frequency levels.

    View profile for Dlzar Al Kez

    PhD, CEng, MIET | Driving Grid Stability, IBR Integration & Grid Code Compliance for a Net-Zero Energy Future

    IFA Interconnector Trip and Grid Stability This morning at 9:00 AM, the GB power system experienced another significant event when the IFA2 interconnector tripped, leading to a sudden loss of 923 MW of imported power. This caused the system frequency to drop below 49.65 Hz, triggering an immediate response from ancillary services to restore stability. Key Observations: 1. Frequency Response: The system frequency recovered within the standard time limits of ancillary services, indicating that the frequency containment and response mechanisms operated effectively. 2. Fast-Acting Generation & Storage Response: OCGT (Open Cycle Gas Turbines) ramped up quickly to compensate for the lost generation. 3. Pumped storage injected 500 MW, demonstrating its crucial role in stabilising the system. Wind & Demand Coverage: 1. Wind generation was around 9 GW, covering approximately 23% of the total system demand. 2. What if wind penetration was 50% or even higher? How would the system frequency have responded to the same event? Implications for Grid Stability: This event highlights the importance of system flexibility and the effectiveness of ancillary services in handling sudden disturbances. As the GB power system transitions towards net-zero, its reliance on interconnectors, storage, and fast-response generation will continue to grow. What role did battery storage and demand-side response play in stabilising frequency during this event, and how can their effectiveness be improved in future incidents? #NetZero #GridStability #HVDCInterconnectors #EnergyTransition #FrequencyResponse #RenewableEnergy #PumpedStorage #BatteryStorage #GridResilience #PowerSystems

    • No alternative text description for this image

Similar pages

Browse jobs

Funding

Varco Energy 1 total round

Last Round

Debt financing

US$ 70.8M

Investors

NatWest
See more info on crunchbase