Which energy companies are launching new projects in Finland?

Aquila Clean Energy has launched construction on a 50MW BESS in Finland, while MW Storage has launched two new projects in the country. Battery energy storage systems (BESS) from several firms helped the energy system recover after the NSL interconnector, which connects the UK and Norway, suddenly stopped exporting power to the UK.

What percentage of Finland's Electricity is generated by wind turbines?

In 2022, 14.1% of Finland’s electricity was generated by wind turbines with a collective capacity of almost 5.7 GW² (+76%). That capacity is expected to increase to almost 9 GW by 2025.

Can telecom infrastructure be used as a virtual power plant?

Finland is the first country in Europe where the concept of using telecom infrastructure as a virtual power plant - supplying renewable energy generated onsite, storing it and sending it back to the country’s electricity grid as well as grid balancing – is implemented.

Is Fingrid a 'largest telecomms service provider' in Europe?

Fingrid has invested in a digital/telecomms service provider to develop and 150MWh VPP, what they are calling the largest in Europe.

Can mobile network operators compete in the VPP infrastructure market?

Henri Korpi, Executive Vice President, International Digital Services at Elisa, believes mobile network operators (MNOs) are well-placed to compete in the VPP infrastructure market. “There are huge investments going into setting up big batteries to participate in reserve [electricity] markets.

Who is Telia towers Finland?

Telia Towers Finland was carved out just after Sweden-headquartered Telia announced it was exploring the potential monetisation of its tower portfolio back in their Q4 2020 results. Telia Towers Finland manages only macro towers with single tenanted rooftop sites and stakes in joint ventures remaining outside of the towerco’s perimeter.