Finland's Helen Powers Up with 40-MW Battery Project

• Helen Oy invests in a 40-MW battery energy storage system project in Finland, contributing to carbon neutrality and integrating renewable energy into the grid.

Finnish utility company Helen Oy is set to invest in a 40-MW battery energy storage system (BESS) project in southern Finland. The project, developed by Evli-Rahastoyhtio Oy, will be a joint venture between the two companies. The battery facility, to be located in Nurmijarvi, will consist of 36 lithium-ion module units connected to Fingrid's network. It will help balance power fluctuations and improve the grid's reliability. The system is expected to be commissioned in early 2025 and will be one of the first large-scale BESS operating in Finland.

Helen's investment in the project is in line with its goal of achieving carbon neutrality by 2030. The company aims to contribute to the transition to renewable energy and reduce its carbon footprint. The BESS project will play a crucial role in integrating renewable energy sources into the grid and ensuring a stable and sustainable energy supply.

How will Helen's investment in a 40-MW battery energy storage system benefit Finland's grid?

• The 40-MW battery energy storage system (BESS) project will benefit Finland's grid by helping to balance power fluctuations. This means that it will be able to store excess energy during times of low demand and release it during times of high demand, ensuring a stable and reliable energy supply.
• The BESS project will also improve the grid's reliability by providing backup power in case of outages or emergencies. This will help to minimize disruptions and ensure that electricity is always available to consumers.
• By integrating renewable energy sources into the grid, the BESS project will contribute to Finland's goal of achieving carbon neutrality by 2030. It will enable the efficient storage and utilization of renewable energy, reducing the reliance on fossil fuels and decreasing greenhouse gas emissions.
• The investment in the BESS project demonstrates Helen's commitment to reducing its carbon footprint and transitioning to renewable energy. By supporting the development of large-scale energy storage systems, the company is actively contributing to the growth of the renewable energy sector in Finland.
• The BESS project will also have positive economic impacts, creating job opportunities and attracting investments in the renewable energy industry. It will stimulate local economic growth and contribute to the development of a sustainable and resilient energy infrastructure.
• The commissioning of one of the first large-scale BESS in Finland will serve as a model for future energy storage projects in the country. It will provide valuable insights and data on the performance and effectiveness of battery storage systems, helping to inform future investments and policy decisions in the renewable energy sector.