Finland smart energy storage battery customization

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.

Is Finland a good place to invest in battery energy storage?

In addition to that, Finland has a strong culture focusing on core business functions and there is always plenty of space for services. It is, however, noticeable that battery energy storage systems or services are demonstrated only by larger companies, which have got typically 30% investment support.

What is a battery from Finland project?

Batteries from Finland -project is enhancing the growth of knowledge basis and global competitiveness along the entire battery value chain – from raw material production to battery cell production, battery applications and recycling. The study was commissioned by Business Finland and jointly executed by Gaia Consulting and Spinverse. WHY FINLAND?

Is Finland a smart grid market?

Finland is today one of the most advanced smart grid markets in the world, providing an ideal test bed for smart grid applications - including also battery energy storage systems and services.

How many battery installations are there in Finland?

Today there are approximately 10 battery installations in Finland (see Table 1), which are providing services for different stakeholders in the energy value chain. First, the case studies are classified based on the framework presented above, and next, the main concerns raised in the interviews conducted are outlined.

Why should you choose a battery company in Finland?

Industrial companies integrate continuously batteries in applications. Re-use and recycling is a core focus of many companies. Finland has strong know-how regarding exploration, mining, raw materials production, processing and refining due to the long history of mining.