Finland gets floating LNG terminal to replace Russian gas
Vessel FSRU Exemplar, the floating liquefied natural gas (LNG) terminal, chartered by Finland to replace Russian gas, arrives to the Inkoo port, west of Helsinki, Wednesday Dec. 28, 2022. Finland has agreed a 10-year charter for the Exemplar floating storage and regasification unit (FSRU) that will serve both its domestic and the Baltic
''Extremely attractive revenues'' for battery storage in Nordics
Image: Ilmatar. Battery energy storage systems (BESS) in the Nordics are seeing "extremely attractive revenues", Finland-based optimiser Capalo AI said, as developers SENS and Ilmatar announced 70MW of projects in Sweden. Capalo AI CEO Henri Taskinen was speaking to Energy-Storage.news after the firm raised €500,000
Finland''s Fortum secures 2.35 bln euro loan to stave off energy
Finland''s Fortum said on Tuesday it had signed a bridge financing arrangement with Finnish government investment company Solidium raising the state''s stake to 51.26%, the power company said
Fortum says ESS will be significant source of
The stationary energy storage system (ESS) industry will be a significant source of lithium-ion batteries that can be recycled and reused, the head of Finnish state-owned energy company Fortum''s battery business line has said. Fortum has just announced a €24 million (US$28.55 million) investment into expanding a battery
Norway''s Equinor buys US battery storage developer East Point Energy
July 13, 2022. Late last year Equinor bought a 45% stake in UK developer Noriker Power. Image: Noriker Power. Norwegian state-owned energy company Equinor will acquire East Point Energy, a US-based developer of grid-scale battery energy storage projects. With the Norwegian state as its 67% majority shareholder, Equinor – formerly known as
Governor Hochul Announces New York''s First State-Owned Utility
The project also will help accelerate the state''s aggressive target to install 6,000 MW of energy storage by 2030. "Deploying energy storage technologies make our power supply more reliable and resilient, further enabling New York to build a robust clean energy grid," Governor Hochul said. "The completion of the Northern New York Energy
GB Energy: What role will Labour''s state-owned energy company
GB Energy is a new state-owned renewable energy company that Labour has pledged to set up in its first year of government. The idea originally came from Common Wealth, a think tank that promotes
National Report on electricity and gas markets in Finland
For electrically heated households the decrease was 0.8 per cent in 2021. In 2021, the electricity bill for apartment house households and households with electrical heat-ing increased in total by 25.1 and 35.3 per cent respectively. In 2021, there were no changes in electricity taxation in Finland.
Under Construction: Biggest battery storage in Nordics is being
The project aims to investigate the potential of different energy storage technologies in Finland. These should be able to store electrical energy and use it to produce
Finns urged to take fewer saunas amid energy crunch
In 2021, Gazprom supplied about two thirds of the country''s gas consumption but only eight percent of its total energy use. Gasum, Finland''s state-owned energy company, said it would use other
Neoen to build 30MW battery energy storage facility in Finland
Neoen, an independent renewable power producer, has announced the construction of a 30MW/30MWh battery energy storage facility, the Yllikkälä Power Reserve One in Finland. To be located close to Lappeenranta in the south-east of the
Finnish startup Cactos raises over €26M to increase its battery
HELSINKI, Finland (January 11th, 2023) Cactos, a developer of smart energy storage systems, has raised over €26M worth of equity investments in its Cactos Fleet Finland
Russia to cut Finland''s natural gas in latest energy clash
Published 8:11 AM PDT, May 20, 2022. COPENHAGEN, Denmark (AP) — Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin''s demand to pay in rubles, the Finnish state-owned energy company said Friday, the latest escalation over European energy amid the war
Hybrid pumped hydro-BESS project takes shape in Finland
Hybrid pumped hydro-BESS project takes shape in Finland. A ''new energy cluster in Finland'' plans to co-locate a 75 MW underground pumped storage hydroelectric (UPHS) facility and a 85 MW battery energy storage system (BESS) at a mine near the town of Pyhäjärvi in central Finland. A solar park could be added in the future.
Climate change in Finland
Fortum is a half state-owned energy company. Fortum''s energy strategy is large investments in nuclear energy in Finland, Sweden, and Russia. Fortum aims to invest 15 percent in a controversial Finnish nuclear power plant to be built by Rosatom, the Russian state-owned energy company.
Hitachi Power Grids to supply one of Europe''s largest battery energy storage systems for TVO in Finland
Hitachi Power Grids to supply one of Europe''s largest battery energy storage systems for TVO in Finland. The 90-megawatt battery energy storage system supports the stability of Finland''s energy network and will help the country meet its climate goals.
State ownership and ownership steering in Finland
A holding company established in late 2008, operative in spring 2009. Wholly state-owned special assignment company. Solidium ́s Board of Directors hand-picked by the Minister. Ownership steering in the Ownership Steering Department of the Prime Minister ́s Office.
European Commission approves state aid for 530MWh
The European Commission (EC) has given the green light for state aid to contribute to the development of a large-scale pumped hydro energy storage (PHES) in Finland. The €26.3 million (US$27.5 million)
Renewable Energy Suppliers In Finland
St1 Nordic Oy. Manufacturer. based in Helsinki, FINLAND. St1 focuses on fuels marketing activities, oil refining and renewable energy solutions such as waste-based advanced ethanol fuels and industrial wind power. The group has 1250 St1 and Shell branded retail stations in Finland, Sweden and Norway.
EUROPE and Energy Storage are the key FINLAND
Transmission Grids, Capital Cost and Energy Storage are the key action priorities that stand out in Finland''s energy horizon, according to the 2024 World Energy Issues
Germany''s ib vogt sells 206-MWp solar project in Finland
Solar panels by iamme ubeyou. German family-owned solar power company ib vogt GmbH has sold a 206-MWp solar project in southwest Finland to Helsinki-based energy utility Helen, a statement said. The ready-to-build solar photovoltaic (PV) scheme is located in Kalanti, Uusikaupunki and is expected to generate over 200 GWh of
Gasgrid and the other leading energy companies in Finland join forces to develop an industrial hydrogen valley – Gasgrid Finland
"Vantaa Energy aims to become a carbon negative energy company by 2030 taking advantage of the opportunities offered by the circular economy. Renewable hydrogen is a key enabler for new processes such as carbon capture and utilization that are needed to harness unavoidable emissions e.g. from our Waste to Energy -business
Research: 5 Companies Positioned to Succeed in Grid-Scale Energy Storage
Based on my research, the following five companies seem especially well positioned to succeed in the emerging grid-scale energy storage market in North America. . is a global leader in
Estonia plans 225MW pumped hydro energy storage facility to
Image: Eesti Energia. State-owned Estonian energy company Eesti Energia is planning to build a 225MW pumped hydro energy storage facility, as part of a wider push to become independent of Russian energy. The company has started carrying out preliminary design and environmental impact assessment for the works which could
Finland''s largest industrial project finally finished
The power plant''s owners Teollisuuden Voima are owned by Finnish industry groups and energy companies which also share the energy production. The first nuclear power units were built by Swedish Asea-Atom in the 1970s, but the third reactor was built by the French nuclear power plant developers Areva.
Neoen to build Finland''s largest battery storage plant
Neoen SA is building the 30-MW Yllikkälä Power Reserve One energy storage plant in Finland, marking the first rollout of lithium-ion stationary batteries in the
May 21, 2022 Russia-Ukraine news | CNN
Russia halted natural gas exports to Finland on Saturday, according to a statement from Finnish state-owned energy firm Gasum. "It is highly regrettable that natural gas supplies under our
National Report on electricity and gas markets in Finland
Hydro power decreased by 1 per cent compared to 2020. In 2021 share of hydro was 23 per cent. Share of nuclear power was 33 per cent of electricity production in Finland. Share
New York''s first state-owned energy storage project now
Earlier this year, New York state released a roadmap to deploy 4.7 GW of additional energy storage projects by 2030. The Empire State is seeking 3 GW of "bulk storage," 1.5 GW of retail storage, and 200 MW of residential storage. The state''s modeling predicts that it will cost $0.46 per month per electricity bill to incentivize
Finnish firms champion energy transition
Finnish energy companies have reported advances with sustainable diesel, ethanol, hydrogen and methane. The European clean energy transition has been kicked into overdrive following the Russian
Finland leases floating LNG terminal for 10 years to break
The announcement coincided with Finland''s state-owned energy group Gasum saying Russia''s Gazprom Export had informed it that natural gas supplies from Russia to Finland would be cut on Saturday 21
European Commission approves state aid for 530MWh
Image: Wikimedia user usv. The European Commission (EC) has given the green light for state aid to contribute to the development of a large-scale pumped hydro energy storage (PHES) in Finland. The €26.3 million (US$27.5 million) investment grant will go towards construction and installation of a 75MW/530MWh PHES at a disused
سابق：expected cost of energy storage battery shipment
التالي：urban rail battery energy storage system
