Future trends will determine that the energy storage sector in Finland offers promising potential. There are growing trends towards the integration of smart grid technologies with energy storage systems as one of the major trends and the focus of the future.
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This paper has provided a comprehensive review of the current status and developments of energy storage in Finland, and this information could prove useful in future
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Understanding these factors can help stakeholders make informed decisions and capitalize on the evolving power supply sector in Finland, ensuring alignment with both local and global market
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This paper has provided a comprehensive review of the current status and developments of energy storage in Finland, and this information could prove useful in future modeling studies of the Finnish energy system that incorporate energy storages.
Currently, utility-scale energy storage technologies that have been commissioned in Finland are limited to BESS (lithium-ion batteries) and TES, mainly TTES and Cavern Thermal Energy Storages (CTES) connected to DH systems.
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.
Wind power generation is estimated to grow substantially in the future in Finland. Energy storage may provide the flexibility needed in the energy transition. Reserve markets are currently driving the demand for energy storage systems. Legislative changes have improved prospects for some energy storages.
This development forebodes a significant transition in the Finnish energy system, requiring new flexibility mechanisms to cope with this large share of generation from variable renewable energy sources. Energy storage is one solution that can provide this flexibility and is therefore expected to grow.
Plans exist for PHS systems, but studies have indicated that there may be few suitable locations for PHS plants in Finland [94, 95]. While large electrolyzer capacities are planned to produce renewable hydrogen, only pilot-scale plans currently exist for their use as energy storage for the energy system (power-to-hydrogen-to-power).
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