The stationary energy storage system (ESS) industry will be a significant source of lithium-ion batteries that can be recycled and reused, the head of Finnish state-owned energy company Fortum’s battery business line has said.
A grid-scale battery storage system will be built at the site of a nuclear power plant in Finland, providing backup in the event of disruption to grid supply.
Independent renewable energy asset producer Neoen will build a 30MW / 30MWh grid-connected battery energy storage system (BESS) in Finland to help integrate the growing capacity of local wind energy.
European Commission greenlights €3.2bn research plan by seven major states to turn continent into global battery hub even as it signals it is ready to block imports on environmental grounds.
Almost exactly a year since the Nordic region’s ‘largest’ battery energy storage system to date was announced, Saft has said that the next system to take that crown will be a project the company will work on in Finland.
A study co-written by industry figures has put forward new claims of the cost-competitiveness of European solar-plus-storage, amid predictions that grid parity will unfold continent-wide by 2025.
A recycling process for lithium-ion batteries already up and running, by Finnish state-owned energy services company Fortum could make dramatic reductions in their environmental footprint, the company has said.