Developer and optimiser Ingrid Capacity and investor BW ESS have commissioned a 211MW/211MWh BESS portfolio in Sweden, the largest in the Nordics, they claimed.
The inauguration of the 14 battery energy storage system (BESS) projects last week was attended by the minister for climate and the environment in Sweden, Romina Pourmokhtari.
They are located in the SE3 and SE4 electricity price areas of the Swedish grid, the most southern of its four areas (SE1-SE4).
Pourmokhtari commented: “Sweden is facing a significantly increased demand for electricity, which must be addressed through a combination of increased fossil-free electricity production, stronger power grids and improved energy storage. It is a great honour to inaugurate the largest energy storage investment in the Nordics, with 211MW now connected to the power grid.”
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“Thanks to the efforts of Ingrid Capacity and BW ESS, we are reducing grid congestion and enabling increased power production.”
Sweden is expected to be the largest energy storage market in the Nordic region, with research firm LCP Delta forecasting last year that 800MW of large-scale BESS would be online by the end of 2025.
BW ESS and Ingrid’s portfolio gets it a quarter of the way there, and a partnership between Ingrid and another investor SEB Nordic Energy will add a similar amount, also in the SE3 and SE4 areas.
Ingrid is a developer of BESS projects which retains stakes in the projects after selling to a long-term owner. When those projects come online, it will then trade and monetise the projects in the electricity market, as explained to Energy-Storage.news by CEO Alex Holmberg in a recent interview (Premium access).
Last week also saw major BESS projects announced in neighbouring Finland by Aquila Clean Energy EMEA and MW Storage.
