Flexible assets is necessary for the electrification, and electrification is necessary for the climate challenge

Industries, transports and our daily lives are shifting to electricity. The electricity supply will need to be massively increased. But for electrification to make sense, the world must also make the transition to fossil free energy. Only this way, fossil fuels and their enormous climate impact can rapidly be phased out. However, the production capacity of renewable energy sources like sun and wind varies over time, and it is not easy to predict. Therefore, increasing the amount of fossil free energy in the power grid poses a big challenge to power system stability. This will require the system to rely on new technologies. Flexibility will be the key in the electricity grid of the future.

Ingrid Capacity’s large-scale battery energy storages offer significant benefits to the local community and the regional and national grid. By reducing peak demand in a local electricity network – such as in a municipality – grid congestion is minimized. This lowers the need for maintenance and investments, allowing for the development of more homes and businesses without upgrading the electricity grid. Consequently, the local community can enjoy lower electricity costs.

The battery energy storages also cut costs for maintaining the balance in the grid, making it more stable, resilient and flexible. Under extreme conditions – such as the war in Ukraine where energy infrastructure is attacked and damaged – battery energy storage becomes crucial. Even countries like Sweden have faced volatilities due to increasing electricity demand combined with extreme weather or a large drop in production.

In our current era, the electricity system must be strengthened and made more flexible quickly. Ingrid Capacity’s lead time to develop a battery storage facility is 1-2 years from project start to finalization. Currently, battery energy storage is the fastest way to enhance flexibility in the energy system.