Nordic Grid Development Perspective 2025
The report communicates our shared perspective on key development trends in the power system and strategies to address emerging challenges. It also provides a status update on ongoing and planned
Energy Storage
The Elektra Energy Storage Project, Sweden''s largest battery storage project, is now fully operational. Located in Landskrona, southern Sweden, the project will provide ancillary services to help balance
SEB Nordic Energy invests in major battery storage project
Computer-generated picture of the future battery storage park in Finland. SEB Nordic Energy''s portfolio company, Locus Energy, in collaboration with Ingrid Capacity, will build the largest
The New Grid Balance – Why Battery Storage Is Becoming the
As the Nordic countries push forward with rapid electrification and record-breaking renewable energy development, a new structural necessity is emerging in the energy system: the
The Nordic power sector in transition: Risks, investments and the road
In this instalment of our Nordic power sector transition series, we explore the emerging technologies in the region''s energy transformation. From advanced storage solutions to nuclear
Finland''s Largest Battery Storage Begins Construction
A report from BloombergNEF indicates global energy storage deployment is expected to exceed 300 gigawatts by 2030, reflecting a tenfold increase from 2020 levels. Finland''s project aligns
The REPowerEU policy s impact on the Nordic power system
To replace a large quantity of natural gas with power made from renewable energy sources before 2030, the renewable power production and transmission capacities must be expanded, with implications for
Nordic energy policy and energy efficiency
A strong increase in renewable energy is needed to meet the 2035 climate neutrality goal. Finland should promote an increased deployment of energy storage to boost the resilience and
Sweden switches on largest battery energy storage system in the
Sweden''s largest energy storage investment, totaling 211 MW, goes live, combining 14 sites. 14 large-scale battery storage systems (BESS) have come online in Sweden to deploy 211 MW
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