MSP invests in ‘advanced energy innovation’ from Tesla

Science and technology park operator Manchester Science Partnerships (MSP) has unveiled new energy storage capabilities at its flagship Bright Building.

The company installed a Tesla Powerpack system outside the complex to help it weather shifting commercial tariffs and escalating non-commodity prices.

The technology, which will also slash MSP’s carbon footprint through wider use of renewable energy, could also offer greater assurance for businesses operating in R&D-heavy sectors; the system would start up in less than a second should primary power at the Bright Building fail.

The system comprises four powerpacks but has space for up to 20, should the requirements of the property increase.

The installation is part of a wider £400k investment in MSP’s advanced energy strategy.

Tom Renn, managing director of MSP, said: “As the only UK science and technology park operator to be offering this kind of advanced energy innovation, it’s something we’re understandably very excited about.

“This pilot installation marks a key milestone in our advanced energy strategy. It also makes good on a commitment to invest in sustainable improvements to our campuses, signed up to as part of our green funding package with Lloyds Bank.”

He continued: “We have bold plans to harness the opportunities provided by advanced energy. We envisage that within 12 months, the Bright Building will be an energy island – self-sufficient and operating without reliance on the National Grid.”

The head of energy at property firm Bruntwood, Bev Taylor, commented: “The cost and feasibility of implementing lithium-ion batteries has changed markedly in recent years, making commercial energy storage viable.

“We’ll be monitoring the cost savings and CO2 reduction in the coming months, with a view to installing further units at other Bruntwood buildings and developments, such as Circle Square, Alderley Park and Innovation Birmingham.”

The project was supported with grant funding from CityVerve, Innovate UK’s smart city demonstrator project, for which MSP is a lead partner.