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

Ingrid Capacity strives to be at the forefront providing flexibility to the grid. The opportunities are almost endless with today’s edge technology. We will be harvesting these opportunities in many ways, as a first stage mainly by building and managing the necessary infrastructure for large-scale battery energy storage.

Why is flexibility important for the grid?

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.

Why is large-scale battery energy storage important?

Over time Ingrid Capacity is exploring various technologies to contribute to a more flexible energy system. However, at the moment, we are rapidly focusing on the development of battery energy storage. These have proven to be efficient solutions in many markets worldwide, such as the UK, the USA, and Australia. The batteries create stability, resilience, flexibility and cost-efficiency in the electricity grid by taking care of the electricity when there is a production surplus of it, then putting it back in the grid when there is a shortage.

Flexibility will be the key in the electricity grid of the future.

How does battery energy storage work?

The technology for battery energy storage and electricity distribution is complex, but the basic principles for Ingrid Capacity’s storages are easy to understand. The storage takes care of the electricity when there is a production surplus of it, giving it back to the grid when there is a shortage. It is strategically located to support the local community, regional and national grid.

+1,5x the expected growth of electricity demand in Europe until 2035

What is the benefit of battery energy storage?

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.

The energy system of the future

Large-scale battery energy storage will be a fundamental part of the energy system of the future. In Sweden, for example, Ingrid Capacity is embarking on a historic expansion, building 400 MW of storage capacity at 20+ sites by end of 2024. This corresponds to the momentaneous power of a little more than a quarter of Sweden’s largest nuclear reactor, Oskarshamn 3, or 100 modern wind turbines at full power. And this is just Sweden. In one year.

Battery energy storage is not an obscure technology just making a stamp in the margin. And it’s no science fiction. It’s happening right now and it’s reshaping the future of power generation. Coming at the right time, the costs for battery storage technology have significantly decreased in the last few years, combined with increased technological performance. Large-scale battery energy storage is now a cost-efficient and fast way to strengthen the energy system.