Stockholm energy storage application

How does Stockholm's energy supply cope with a power shortage?

The energy supply in the Stockholm metropolitan region is already facing significant challenges with increasing power shortages. To meet the region’s needs, the energy company Stockholm Exergi and the power operator Polar Capacity are now investing together to build large-scale battery parks with a combined minimum power of 100 MW.

What is Stockholm exergi doing with polar capacity?

Facts about the collaboration: Stockholm Exergi and Polar Capacity have agreed to form a joint venture to build and install large-scale battery parks in the Stockholm metropolitan area. The goal is to establish a minimum of at least 100 MW, and the first battery park of 20 MW will be ready in 2023. Stockholm Exergi is Stockholm’s energy provider.

Why did Stockholm exergi invest in a large-scale research facility?

In December 2019, we inaugurated our research facility. The goal is that the research facility, together with an ongoing integration study, will provide sufficiently robust results to form the basis for Stockholm Exergi to invest in a large-scale facility. BECCS is a more cost-effective technology for reducing carbon dioxide than many alternatives.

Does Stockholm exergi need financing?

For Stockholm Exergi, additional financing will be required for a facility to finally come into being. This can be done through government instruments in Sweden or that the carbon sink can be commercialized. Stockholm Exergi continues to work in parallel on several tracks around financing.