Oslo large-scale energy storage power generation project

4 FAQs about [Oslo large-scale energy storage power generation project]

Is stationary energy storage a good idea in Norway?

Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability. These are impressive records. Even so, stationary energy storage is beginning to steal the limelight.

Is Energi the most forward-looking Renewables Group in the Nordic region?

This acquisition reinforces Å Energi’s ambition to be the most forward-looking renewables group in the Nordic region. Å Energi is Norway’s biggest renewable energy group, with operations throughout the value chain from electricity generation to end users.

Should Energi expand its energy storage portfolio in Finland?

“Finland is a promising market for energy storage projects, being well set up for ancillary services and with growth forecast in the wholesale electricity market. This makes the country ideal for Å Energi to expand its energy storage portfolio”, says Atle Knudsen.

Who owns the energy storage project near Oulu?

Å Energi has acquired a majority stake in the Isokangas energy storage project near Oulu. The 50 megawatt/1hour energy storage facility to be completed in 2026 is a significant milestone in strengthening the flexibility of the Nordic electricity grid and the security of energy supply.

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