Alpiq acquires large battery storage facility in Finland

Published: Wednesday, Jun 19th 2024, 07:50

Back to Live Feed

The electricity group Alpiq is acquiring a large battery storage facility in Finland. The 30-megawatt large-scale battery will have one of the highest capacities in Finland and will go into operation in Valkeakoski in mid-2025.

Alpiq announced in a press release on Wednesday that the battery storage system will primarily serve to stabilize the grid. The Swiss company is thus expanding its position in strengthening security of supply in the European core markets.

Finland wants to massively expand wind power. By 2035, wind power production is to be increased almost tenfold to 119 terawatt hours per year. Large-scale batteries are to compensate for the differences between electricity production and consumption. By investing in storage systems, more green energy can be fed into the system, according to Alpiq.

©Keystone/SDA

Related Stories

Stay in Touch

Noteworthy

the swiss times
A production of UltraSwiss AG, 6340 Baar, Switzerland
Copyright © 2024 UltraSwiss AG 2024 All rights reserved