The project is situated in Nivala Municipality in the Ostrobothnia region and is estimated to be finished during 2026. It is the company’s second recent investment in Finland, following a 125 GWh wind portfolio consisting of 13 WTGs spread over three wind farms in the northwest, east and southwest of the country. It strengthens Locus Energy’s existing portfolio and provides important new flexibility and balancing functions to the system creating opportunities for Locus Energy to optimise the system output.
“The Locus Energy portfolio in Finland now consists of wind-, solar-, hydro and battery energy storage assets” said Mattias Söderqvist, deputy CEO and Partner at Locus Energy. “This enables us to work with our assets as a system, using the hydro-and battery energy storage assets to balance the system as the volatile production assets of wind and solar shifts in production. With this system approach, we can maximise the output from the energy produced, creating a system premium both in terms of impact and results.”
As Finland aims to become carbon neutral by 2035, the production of energy from renewable sources, mainly wind power, is believed to continue to increase rapidly. As these volatile energy production assets gain more prominence in the system, the demand for energy reserves will increase. The battery energy storage collaboration project between Locus Energy and Ingrid Capacity will thus be an important enabler for balancing the Finnish energy system.
“The project in Nivala further strengthens the existing partnership between Ingrid Capacity and Locus Energy, and together we will build one of the largest battery energy storage systems in the Nordics” added Nicklas Bäcker, Chief Strategy Officer at Ingrid Capacity. “Our aim to accelerate the shift towards flexibility and grid optimisation pairs well with Locus Energy’s renewable energy production, and this shared vision of creating a sustainable energy future have proven an excellent foundation for a productive and impactful partnership.”
The project will be located next to Fingrid’s Uusnivala 400 kV substation, in Nivala Municipality, Northern Ostrobothnia region in Finland. The system will be connected directly to the national transmission network (TSO Fingrid) and have an important function to stabilise the grid. Completion of the system is expected in 2026.
The Nivala battery energy storage system marks the second collaboration project between Locus Energy and Ingrid Capacity. The first project, currently under construction, consists of 13 new grid scale battery energy storage systems across the south of Sweden, and is planned to add an additional 196 MW of flexible capacity to the national grid in price areas SE3 and SE4.
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