Ampeak Energy (LON:AMP) has just hit a major milestone that could change the shape of the UK’s energy storage future. In this interview, Chief Operating Officer David Taaffe outlines how the company has secured financial close for its flagship battery project AW1, a move that not only propels Ampeak’s Uskmouth Sustainable Energy Park forward, but unlocks a potential £100 million annual revenue stream across its broader portfolio. This is the clearest signal yet that Ampeak is charging ahead to become a heavyweight in the battery storage market.
Key Moments:
- 00:40 – What AW1 is and why it matters
- 01:33 – £67 million raised for AW1 while retaining 75% ownership
- 01:51 – 3.5GWh portfolio expansion across Uskmouth and Scotland
- 03:00 – Construction timeline: full commercial ops by Q1 2027
- 04:19 – Projects behind AW1 total 10x the capacity
- 05:30 – UK needs 20GW battery storage by 2030; Ampeak aims to lead
- 06:13 – AW2 planning approved; 5x bigger than AW1; targeting 2027 financial close
Ampeak Energy is a UK-based independent power producer (IPP) focused on large-scale sustainable energy infrastructure. Its core strategy centres around battery energy storage systems (BESS), with a multi-gigawatt pipeline across key UK locations.
