Centrica Energy, Delta Capacity and Covenergo Sign A Battery Storage Deal In Finland
The title of this post, is the same as that of this news item from Centrica.
This is the sub-heading.
Centrica Energy, Delta Capacity and Covenergo have signed a partial tolling agreement for AKKU One, a 125 MW / 300 MWh standalone battery energy storage system (BESS) being developed in Lapinlahti, Finland.
These two paragraphs add some detail.
Under the partial tolling agreement, Centrica Energy will optimise and trade the asset across Nordic power markets, leveraging its 24/7 trading and multi-market optimisation capabilities to unlock value across wholesale, balancing and ancillary service markets. Through the partial tolling structure, the project benefits from secured revenues while maintaining merchant upside.
Commissioning is planned for Q4 2027, and once operational, AKKU One will provide critical flexibility to Finland’s power system, supporting frequency regulation, balancing requirements and the continued integration of renewable generation.
In Centrica And Return Partner To Scale Battery Flexibility In Germany, I asked if Centrica were good at optimising grid batteries.
As they seem to be doing business in this area, I have to assume that they are oone of the best, at optimising batteries.
