AkkuX has selected Elisa Industriq’s Gridle unit to optimise and manage electricity market participation for grid-scale battery energy storage projects in Finland.
Gridle said the agreement covers optimisation and route-to-market services for AkkuX battery projects across electricity wholesale and balancing services markets.
AkkuX added that the first project under the agreement is a 5MW/10MWh battery energy storage system in Outokumpu that is expected to enter operation later this year.
The battery project will participate in electricity wholesale markets and Fingrid’s balancing services markets to support balancing of the Finnish power system.
“Gridle brings mission-critical reliability and proven experience in battery optimization, which gives us confidence as we continue to scale our project portfolio,” said Teemu Manninen, chief executive of AkkuX.
“As part of Elisa Industriq, Gridle has the resources to continuously develop the optimization and generate best possible results for us.”
“For Gridle, grid-scale battery optimization is fundamentally about long-term partnerships,” said Markus Logren, business lead of Gridle, Elisa Industriq.
“Working with a dedicated battery project developer like AkkuX allows us to build scalable, long-term cooperation that delivers value both to the asset owner and to the power system.”