Technical FAQs 4

What is the future of energy storage in Finland?

Reserve markets are currently driving the demand for energy storage systems. Legislative changes have improved prospects for some energy storages. Mainly battery storage and thermal energy storages have been deployed so far. The share of renewable energy sources is growing rapidly in Finland.

Which energy storage technologies are being commissioned in Finland?

Currently, utility-scale energy storage technologies that have been commissioned in Finland are limited to BESS (lithium-ion batteries) and TES, mainly TTES and Cavern Thermal Energy Storages (CTES) connected to DH systems.

Is Ingrid developing a battery energy storage system?

Ingrid is developing the battery energy storage system (BESS) project in partnership with investor SEB Nordic Energy portfolio company Locus Energy for a commercial operation date (COD) in 2026. The firm said it the project in Nivala, in the Northern Ostrobothnia region of Finland, is the largest ready-to-build (RTB) BESS in Finland.

How many cavern thermal energy storage facilities are there in Finland?

Cavern thermal energy storage In Finland, three CTES have been built, and at least four are being planned. These CTES are listed in Table 9. The combined storage capacity of the commissioned CTES is about 27.6 GWh, and those under construction and under planning have a storage capacity of about 112 GWh.

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