Reserve markets are currently driving the demand for energy storage systems. Legislative changes have improved prospects for some energy storages. Mainly battery storage and thermal energy storages have been deployed so far. The share of renewable energy sources is growing rapidly in Finland.
However, the energy system is still producing electricity to the national grid and DH to the Lempäälä area, while the BESSs participate in Fingrid's market for balancing the grid . Like the energy storage market, legislation related to energy storage is still developing in Finland.
Like the energy storage market, legislation related to energy storage is still developing in Finland. The two are intertwined as who is allowed to own and operate energy storages will define the business models of the storages. A major barrier to the implementation of ESS was removed when the issue of double taxation was solved.
Several parameters are influencing the development of energy storage activities in Finland, including increased VRES production capacities, prospects to import/export electricity, investment aid, legislation, the electricity and reserve markets and geographic circumstances.
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A review of the current status of energy storage in Finland and future development prospects This is an electronic reprint of the original article. This reprint may differ from the original in pagination and
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