How many large-scale battery storage systems are there in Sweden?

14 large-scale battery storage systems (BESS) have come online in Sweden to deploy 211 MW / 211 MWh into the region. Developer and optimiser Ingrid Capacity and energy storage owner-operator BW ESS have been working in partnership to deliver 14 large-scale BESS projects throughout Sweden’s grid, situated in electricity price areas SE3 and SE4.

What is Ingrid capacity & BW ESS' Energy Storage System?

Ingrid Capacity and BW ESS’ energy storage system in Gavle, Sweden. Image source: Ingrid Capacity. The scheme is described as the largest BESS project built in the Nordics and the first two-hour system developed by Ingrid Capacity. The two companies initiated the project in 2022.

How many Bess projects are there in Sweden?

Most projects are 1-hour systems with the business case still centred around ancillary services. Ingrid Capacity and SEB Nordic Energy have partnered to build 13 BESS projects in southern Sweden totalling 196MW of capacity.

How profitable is Bess in southern Sweden?

August 6th serves as a compelling example of BESS profitability in southern Sweden. Power prices fluctuated significantly throughout the day, offering multiple trading opportunities across different markets: Energy arbitrage in intraday and day-ahead markets: A 1MW battery could earn €250 in just four hours of trading.

When will a battery energy storage system be built in Sweden?

Construction has begun on Sweden’s largest Battery Energy Storage System (BESS) undertaken by Neoen, an Independent Power Producer and Nidec, a system integrator. The project has been projected to come online in early 2025. Neoen is headquartered in Paris.

How will a Bess deal help the power deficit in Sweden?

The BESS will help to improve the problematic power deficit situation in southern Sweden, they added. SEB Nordic Energy is an investor in energy assets and is doing this deal Locus Energy AB, which focuses on clean energy, to-date mainly hydro and wind.