Sweden bess company

What is a Bess project in Sweden?

BESS projects in Sweden primarily target the country’s ancillary service markets, historically provided by hydropower assets which are increasingly being displaced by BESS. Some 200MW of BESS is expected to come online this year according to another optimiser Flextools.

What is the largest Bess project in Sweden?

The Bredhälla project will be the largest BESS in Sweden when online, though a much larger 93.9MW/93.9MWh project is being built by Neoen and Nidec for a 2025 commissioning. BESS projects in Sweden primarily target the country’s ancillary service markets, historically provided by hydropower assets which are increasingly being displaced by BESS.

Where is Bess based?

The firm is already live in Denmark and the next markets on its horizon are Belgium, Austria, Germany and the Netherlands. Expansion abroad will be primarily through managing utility-scale BESS, though its first foray in Denmark has been using EV chargepoints to provide demand response services.

What does Bess stand for?

Today, the portfolio comprises chargepoints, solar, wind, hydro and data centres but the bulk is large-scale battery energy storage systems (BESS), accounting for 95% of its trading activity.

How much does ancillary services cost in Sweden?

Sweden’s large-scale BESS market Diklev says the market kicked off with “exceptional” prices in the ancillary services market in early 2021, of €70-80 per MW per hour, as well as an energy reservoirs pilot programme by Sweden’s transmission system operator (TSO) that allowed continuous trading in energy markets with shorter activation periods.

How many MW of Bess will come online this year?

Some 200MW of BESS is expected to come online this year according to another optimiser Flextools. Optimisation company Flower has acquired a 42.5MW/42.5MWh BESS project from developer OX2 in Sweden in a milestone for both companies.