Helios Nordic Sells 10-MW Battery Project in Sweden

• Helios Nordic Energy sells a pivotal 10-MW battery project in Sweden, boosting the nation's clean energy journey while eyeing a 2025 grid connection.

Helios Nordic Energy has completed the sale of a 10-MW battery energy storage system project near Sodertalje, Sweden. The ownership transfer occurred during the ready-for-construction phase, though details regarding the buyer and transaction value remain undisclosed. The battery facility, located in the SE3 energy price zone, is expected to connect to the grid in the latter half of 2025, providing crucial ancillary and balancing services to support grid stability.

Magnus Haggstrom, Helios Nordic's chief commercial officer, emphasized the necessity for increased battery capacity to aid Sweden's transition to clean energy and achieve climate objectives. The Uppsala-based company, active primarily in Sweden and the Baltic region, was recently acquired by French firm Vinci SA.

What impact will Helios Nordic's battery project have on Sweden's clean energy transition?

The Helios Nordic battery project represents a significant advancement in Sweden’s clean energy landscape. Here are some potential impacts of this initiative:

• Enhanced Grid Stability: With a 10-MW capacity, the new battery energy storage system will provide essential ancillary services, helping to stabilize the grid as more intermittent renewable energy sources like wind and solar are integrated.
• Supporting Renewable Integration: The project will facilitate the integration of more renewable energy by storing excess generation during peak production periods and releasing it during high demand, thus smoothing out fluctuations in energy supply.
• Reduction in Fossil Fuel Dependency: By enabling the increased use of renewable energy, the battery project could help reduce Sweden's reliance on fossil fuel-based power generation, contributing to the country's ambitious climate goals.
• Boosting Energy Security: The addition of battery storage enhances energy security by providing backup power and reducing vulnerability to supply disruptions, especially during periods of high energy demand.
• Economic Benefits: The construction and operation of the battery storage facility may create local jobs and stimulate economic activity in the region, contributing to the growth of the clean energy sector in Sweden.
• Innovation in Energy Technology: The project may pave the way for further technological advancements in battery storage solutions and other renewable energy technologies, positioning Sweden as a leader in energy innovation.
• Increase in Market Competitiveness: By enhancing the flexibility and reliability of renewable energy sources, the Helios Nordic project could contribute to a more competitive energy market, potentially lowering energy costs for consumers.
• Support for Decarbonization Goals: The installation aligns with Sweden's long-term decarbonization goals and targets set for 2045, which include achieving net-zero greenhouse gas emissions.
• Community Engagement and Education: Such projects can also foster community engagement and awareness around renewable energy and climate change, helping to mobilize public support for further clean energy initiatives.

By investing in battery technology, Helios Nordic is not only contributing to the immediate benefits of energy storage but is also setting a foundation for a sustainable energy future for Sweden.