Finland s large-capacity energy storage battery

Is this Finland's largest battery energy storage system?

Swedish flexible assets developer and optimizer Ingrid Capacity has joined hands with SEB Nordic Energy’s portfolio company Locus Energy to develop what is claimed to be Finland’s largest and one of the Nordics’ largest battery energy storage systems (BESS). The 70 MW/140 MWh BESS project will be located in Nivala, northern Finland.

Which energy storage system will support the Finnish power grid?

This 38-megawatt and over 40-megawatt-hour energy storage system will support the Finnish power grid. The project is slated for completion by spring 2025 and will be located in Lappeenranta, near the Mertaniemi power plant.

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.

What is Ingrid capacity's first two-hour battery energy storage system?

This system, with a capacity of 100MW/200MWh, will be both the largest battery energy storage project built in the Nordics and the first two-hour system developed by Ingrid Capacity. "The initaitve in Karlshamn reinforces Ingrid Capacity’s ambition to become Europe’s leading player in flexibility solutions.

What drives the Finnish storage market?

Revenues in the Finnish storage market have largely been driven by ancillary services, primarily mFRR, aFRR, FCR-N, FCR-D, and FFR, but opportunities in energy trading are also increasing with the renewables buildout.

How many energy storage projects will Ingrid capacity have in 2025?

By 2025, Ingrid Capacity expects to have nearly 30 projects operational across Sweden. Ingrid Capacity is initiating the design phase of the Nordics' largest energy storage project, equivalent to 100MW/200MWh.