In the latest expansion of its battery storage capacity, Axpo will build a 20MW/20MWh facility in Sweden to deliver services to the grid in 2024, it was announced.
Axpo acquired the project from developers - RES, a global renewable energy company, and Scandinavian Capacity Reserve (SCR). The lithium-ion based facility will be built in Landskrona, Sweden and connected to the grid by local energy company - Landskrona Energi.
New lithium-ion based battery storage facility
Axpo will build a 20MW/20MWh lithium-ion based battery storage facility in the south of Sweden
Axpo will build a 20MW/20MWh lithium-ion based battery storage facility in the south of Sweden, which will become operational in 2024. The project was developed by RES and SCR and acquired by Axpo on 9 March 2023.
The new battery energy storage system will be used in the Landskrona region to provide ancillary services to help balance the grid and will be connected by local energy supplier - Landskrona Energi. Following the sale, RES will support Axpo with the provision of construction management, asset management and operation and maintenance services.
Axpo, RES and Landskrona Energi partnership
Axpo Group Head of Batteries & Hybrid Systems, Frank Amend, said: “We are looking forward to realizing this project in Sweden with RES and working with Landskrona Energi. Axpo aims to develop a substantial volume of storage capacity in Europe by 2030, and this project is an important step in our journey.”
RES Nordics’ Chief Executive Officer (CEO), Matilda Afzelius said: “Energy storage will play an increasingly important role across Sweden. RES has worldwide experience in battery storage projects and has delivered more than 500 MW to support a range of grid functions.”
Deliver projects That Support local energy needs
Matilda Afzelius adds, “We work closely with municipalities to identify solutions and deliver projects that support local energy and economic needs. Axpo brings a wealth of experience in providing energy products to the market, and we look forward to working alongside them to deliver and operate this critical project."
Landskrona Energi’s Chief Executive Officer (CEO), Johan Holmstedt said: “We’re happy to be participating early on in this project, especially with the involvement of a major player like Axpo.”
Batteries to play key role in the major electrification of Sweden
Batteries will play an important role in the major electrification of Sweden"
Johan Holmstedt adds, “Batteries will play an important role in the major electrification of Sweden and, at a local level here in Landskrona, the battery energy storage facility will help support and strengthen our electricity grid.”
Axpo has been active in the development, construction and commercial optimization of large batteries for several years and will continue to grow in this area.
Optimal use of the storage facilities on the markets
The company leverages its extensive knowledge of international energy trading in the marketing of batteries.
This enables optimal use of the storage facilities on the markets for ancillary services, as well as spot market trading. Axpo has been active in Sweden since 2005.