Finland's energy storage market is experiencing significant growth, with several utility-scale BESS installations coming online in recent years. The total operational energy storage capacity is currently about 200 MWh, with an additional 400 MWh in various stages of development. The early projects are well-positioned to enhance flexibility in Finland’s volatile power market. However, the limited size of the country’s reserve market poses profitability challenges, driving developers to pursue ancillary services and diversify revenue streams.
Mikko Marttala
Finance and Project Development Director
Join us on October 24th for an expert-led discussion, where we will delve into the latest developments in Finland’s energy storage market and explore the investment opportunities and challenges that lie ahead. Our distinguished speaker, Mikko Marttala from Merus Power, a leading technology company based in Finland, will share valuable insights about the different phases of BESS development in Finland.
Register here
