July 07 ,2023
Scana company enters market for grid-scale battery storage in Sweden
Bergen, 7 July 2023: Scana-owned PSW Power & Automation has signed a sizeable (1) contract for a battery storage system with Uddevalla Energi in Sweden. The battery system will ensure that excess energy is stored and released when needed, and thereby ensuring a stable and energy efficient power grid in the region.
PSW Power has developed a battery storage system for grid applications – BQ-G battery solution – which is suitable for large scale energy storage projects. The delivery includes the design, commissioning, handover and maintenance of switchgear, transformers, inverters, batteries, and an energy management system. The 4MWh system will be used for – Primary reserve power (FCR) and Fast Frequency Response (FFR).
Integration of renewable energy sources, such as wind and solar, into the grid has increased dramatically in recent years.
“Our Grid-scale battery storage systems will play a crucial role in stabilizing the electrical grid by balancing supply and demand, managing fluctuations in renewable energy generation, and providing backup power during peak periods or grid outages,” says Eirik Sørensen, Managing Director in PSW Power & Automation.
“We see a great market opportunity in BQ-G as the need for energy efficiency and demand for solutions that can secure grid stability is rapidly growing worldwide. We have achieved a market breakthrough in Sweden with this contract and we expect that BQ-G will play a key role in the transition to a more stable and sustainable energy future,” says Oddbjørn Haukøy, interim CEO, Scana ASA
(1) A sizeable contract is defined to be between NOK 20 million and NOK 50 million.
(2) A substantial contract is between NOK 50 million and NOK 150 million.
(3) A large contract is over NOK 150 million.
For more information, please contact:
Oddbjørn Haukøy, interim CEO, Scana ASA, +47 911 71 914
Eirik Sørensen, Managing Director PSW Power & Automation +47 936 78 233
Jens Hjorteset, Director, Business Development PSW Power & Automation +47 993 22 218