Is energy storage the future of wind power generation in Finland?

Wind power generation is estimated to grow substantially in the future in Finland. Energy storage may provide the flexibility needed in the energy transition. Reserve markets are currently driving the demand for energy storage systems. Legislative changes have improved prospects for some energy storages.

Which energy storage technologies are being commissioned in Finland?

Currently, utility-scale energy storage technologies that have been commissioned in Finland are limited to BESS (lithium-ion batteries) and TES, mainly TTES and Cavern Thermal Energy Storages (CTES) connected to DH systems.

What is the future of energy storage in Finland?

Reserve markets are currently driving the demand for energy storage systems. Legislative changes have improved prospects for some energy storages. Mainly battery storage and thermal energy storages have been deployed so far. The share of renewable energy sources is growing rapidly in Finland.

Why is industrial-scale solar power production becoming more common in Finland?

As technology develops, industrial-scale solar power production is also becoming more common in Finland. Finland is undergoing a major energy transition. Moving away from imported fossil fuels and towards local, clean energy production will create the basis for new industrial investment.

How will a hybrid energy system work in Finland?

In Finland, a number of hybrid projects are in the pipeline, combining wind, solar and also energy storage. These solutions will balance our energy system. On a global scale, solar power is one of the fastest growing forms of energy generation – its size and importance in the world’s energy mix is huge, larger than wind power.

Is Finland ready for a major energy transition?

Finland is undergoing a major energy transition. Moving away from imported fossil fuels and towards local, clean energy production will create the basis for new industrial investment. In addition to wind power, we also need plenty of solar energy, for which Finland has excellent prospects.