Finnish seaport energy storage

Does Finland have a large-scale hydrogen storage system?

Considering changes in conventional generation and carbon dioxide emissions, the research seeks to give insights to decision-makers in Finland with regard to investment and planning of large-scale hydrogen storage. Many studies have been conducted to analyze the Finnish energy system using different tools.

Does Finland's Electricity generation system need hydrogen storage?

Finland's electricity generation system was modelled with and without hydrogen storage using the LEAP-NEMO modeling toolkit. The results showed about 69% decline in carbon dioxide emissions as well as a decline in the fossil fuel-based power accompanied with a higher capability to meet demand with less imports in both scenarios.

What is a Fingrid energy storage system?

The central function of the energy storage system is to participate in Fingrid’s frequency reserve markets and thus support the balancing of production and consumption in the power grid. “Merus Power has built strong expertise in the electricity markets, intelligent power electronics, and understanding and addressing the needs of our customers.

Who financed the Fingrid energy storage system?

The project is financed by Ardian, a world leading private investment house, through its Ardian Clean Energy Evergreen Fund. The central function of the energy storage system is to participate in Fingrid’s frequency reserve markets and thus support the balancing of production and consumption in the power grid.

When will merus power's battery energy storage project be completed?

The project is slated for completion by spring 2025 and will be located in Lappeenranta, near the Mertaniemi power plant. Merus Power’s battery energy storage delivery represents a complete package, commissioned and tested according to the approval tests of Finland’s transmission system operator, Fingrid, for energy storage.

Are thermal power plants in Finland CHP based?

Most of the thermal power plants in Finland are CHP based; however, the costs and efficiencies incorporated in the model was based on the fuel type in general that reflected more on conventional power plants. This approach has been considered because the heat generation is not modelled.