TOKYO, Feb 19 (Reuters) -
* Japan’s JERA Co, a fuel trading joint venture between Tokyo Electric Power and Chubu Electric Power, said on Tuesday it and TEPCO Power Grid will invest up to 25 million pounds ($32 million) in Zenobe Energy, a UK-based battery storage firm.
* Zenobe Energy, which supplies, finances, owns and operates battery storage assets, started operating in 2017 and is one of the largest owners and operators of battery storage in Britain, with a capacity of approximately 73 megawatt, JERA said.
* The investment is aimed to enable JERA to gather knowledge of how batteries can respond to variances in supply and demand in the power grid caused by a changing energy generation mix, it said. ($1 = 0.7747 pounds) (Reporting by Yuka Obayashi; Editing by Rashmi Aich)