The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

nordic region

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May 14, 2024
While Norway once aimed to be the ‘battery of Europe’ it has since been overtaken other Nordic countries Sweden and Finland for BESS deployments. Research firm LCP Delta’s Jon Ferris explores the region’s energy storage market dynamics in this long-form article.  
May 10, 2024
Much more needs to be done to ensure that European countries create the right investment environment for flexibility resources in the electricity system, writes Eaton’s Siobahn Meikle.
April 3, 2024
Optimisation company Flower has acquired a 42.5MW/42.5MWh BESS project from developer OX2 in Sweden, a milestone deal for both companies.
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March 6, 2024
We discuss a 40MWh project in Finland with both the BESS provider Merus Power and customer/project owner eNordic, the investment manager in the region for private equity firm Ardian.
February 14, 2024
Global private equity firm Ardian has enlisted power solutions firm Merus Power for its first BESS project, a 38MW/40MWh system in Finland.
February 14, 2024
Developer Ingrid Capacity and the storage arm of maritime firm BW Group are now building 14 BESS projects in Sweden with a combined capacity of over 200MW, with the latter also entering the Italian market.
October 16, 2023
Battery energy storage systems (BESS) in the Nordics are seeing “extremely attractive revenues”, Finland-based optimiser Capalo AI said, as developers SENS and Ilmatar announced 70MW of projects in Sweden.
January 10, 2023
France-headquartered independent power producer (IPP) Neoen has given system integrator Nidec ASI the green light to start work on a 40MW battery storage unit in Sweden, Neoen’s first in the country.
November 29, 2018
Finland-headquartered clean energy solutions provider Fortum is to deploy the largest battery so far in the Nordic region, a 6.2MWh system at a hydropower plant in Sweden.

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