MW Storage and Fluence deepen partnership to deliver their third energy storage project in Finland
Fluence Energy(FLNC) GlobeNewswire News Room·2024-06-27 11:30
Finland is planning to achieve carbon neutrality by 2035. At the same time, Finland's annual electricity demand is expected to increase by 20% from the current level to 100 TWh in 2030. The corresponding ramp up of renewable generation will require the flexibility best provided by energy storage. To better integrate intermittent renewable generation, energy storage provides flexibility and fast-responding ancillary services critical for grid stability. In the next two years, 300 MW of grid-scale storage is ...