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UK Power Networks
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Distributes power to 8 million customers in London, the East and the South East of England

Founded in 2010
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Company type Public Public ()
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TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters United Kingdom United Kingdom
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Updated by Hattie Partner at on 04/14/2025

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Date Partner Type
06/01/2021
Lightsource Labs Lightsource Labs
Provide 1.8MW of flexibility across 20 UKPN zones in and around London from 2021 to 2028.
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Confirmed by Lightsource Labs
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IPO INFORMATION

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Date Investors Type Amount
11/26/2012 Ofgem Ofgem (1)
Post-money valuation of
UK Power Networks has received this grant for the SNS (Smarter Network Storage) project to investigate the optimization of a range of battery services with the aim of improving the economics of storage.
Grant $21,136,581
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