Vattenfall enters large-scale battery storage business

Share

From ESS News

As renewable energy sources like solar and wind continue to dominate the landscape, the need for flexibility in the power grid has never been greater. Enter Vattenfall, ready to make its mark on the energy storage scene.

“We anticipate a significant increase in battery storage capacity, particularly for short-term daily flexibility requirements. System flexibility is crucial for stabilizing grids and mitigating price spikes in the market,” stated Daniel Drexlin-Runde, via translation, who has played a key role in developing Vattenfall’s flexible storage and systems marketing.

While there are challenges for market participants, the current landscape also presents numerous opportunities.

To continue reading, please visit our ESS News website.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Bifacial perovskite solar can achieve bifaciality of 90% when tilted at 20 degrees
23 December 2024 New research from India has shown that bifacial perovskite solar cells can achieve a 2% higher power conversion efficiency with a tilt angle of 20 deg...