Elisa's AI Solution Fuels the World's Largest Sand Battery
The World’s Largest Sand Battery: Optimizing Energy Storage
The world's largest Sand Battery, under construction, is positioned to revolutionize energy efficiency. This innovative solution focuses on producing clean district heating, significantly curbing emissions. Optimizing the use of the Sand Battery to adapt to electricity price fluctuations is a key objective. Elisa, a leading Finnish telecom operator known for its advanced digital solutions, has stepped in to automate the charging of the Sand Battery and enhance its participation in the electricity reserve markets.
Construction and Benefits of the Sand Battery
Developed by Polar Night Energy, based in Tampere, this Sand Battery functions as a large-scale heat storage unit. It presents a groundbreaking method for storing renewable energy, which is essential for modern heating systems. Loviisan Lämpö, a Finnish district heating company, is partnering with Elisa to enhance the operation of the Sand Battery, which will allow significant savings and revenue potential by leveraging Elisa's innovative capabilities.
Importance of Energy Flexibility
As the energy landscape shifts, additional flexibility is paramount. Elisa’s AI-driven solution empowers energy storage systems, like district heating with thermal storage, to be integrated effectively into the energy market. This integration facilitates economic and environmental benefits for organizations.
Reduction of Emissions
Projected improvements indicate that Loviisan Lämpö will produce over 50% of its district heating from electricity. This transition anticipates a staggering 70% reduction in emissions from the Pornainen district heating network, translating to a decrease of approximately 160 tonnes of carbon dioxide annually.
Optimizing Profitability through Technology
Maximizing the Sand Battery's profitability hinges on effective electricity usage. Elisa's intelligent system identifies the most advantageous moments to harness electricity for heating the Sand Battery, especially during periods of excess supply like windy days. In contrast, if the energy supply falls short, the Sand Battery will efficiently withdraw its electricity consumption and rely on stored heat.
Elisa's Role in the Project
Elisa's involvement is critical, ensuring that reserve market revenues contribute positively to the Sand Battery's economic viability. With their impressive track record in reserve markets, Elisa is well-positioned to bolster the Sand Battery's financial framework.
Finland's Commitment to Carbon-Neutral Electricity
Finland has made significant strides in reducing carbon emissions, with carbon-neutral electricity representing 94% of the nation's output in recent years. As the need to electrify heating systems becomes rationalized, continued investments in renewable energy sources are essential. The integration of AI solutions like Elisa's plays a vital role in achieving this balance within the electricity grid.
Addressing the Challenges of Renewable Energy
The reliance on renewable energy sources presents unique challenges, particularly concerning the variability of supply. Elisa’s AI solution provides the necessary flexibility for energy storage systems, ensuring the electricity grid remains stable while making energy storage financially beneficial.
Elisa's Expertise in Energy Optimization
Known for its energy-efficient practices, Elisa has cultivated expertise in minimizing electricity costs. Their journey led to the creation of an AI technology tailored to optimize energy consumption and streamline participation in reserve markets. With rapid price fluctuations commonplace across diverse marketplaces, Elisa’s advancements help companies manage these complexities efficiently.
Construction Progress and Power Output
The construction of the 15-meter diameter, 13-meter tall Sand Battery is currently underway, with commissioning expected soon. This facility will provide peak power capabilities, notably in the frigid winter months, generating 1 megawatt of power with a storage capacity reaching 100 megawatt-hours. The large-scale storage opens opportunities for effective electricity rate management over extended periods.
Contact Information for Media Inquiries
For additional information, please contact Elisa Communications at +358 50 305 1605.
Further Innovations in Energy Solutions
Elisa continues to expand its smart energy services for telecom operators and individual households, advocating for a meaningful part in the ongoing energy transition. By integrating AI and machine learning into energy storage solutions, Elisa offers services that enhance flexibility in energy supply chains and contribute to a sustainable future.
The Role of Polar Night Energy
Polar Night Energy specializes in high-temperature thermal energy storage solutions designed for renewable energy sources. Their innovative Sand Battery technology enhances the viability of wind and solar energy while reducing reliance on fossil fuels. This Finnish startup, founded in 2018, is on the forefront of sustainable energy technology.
About Loviisan Lämpö
Loviisan Lämpö is a district heating provider serving various localities. Their commitment to providing energy-efficient heating solutions underlines their importance in Finland’s energy landscape. Owned by CapMan Infra, the company is navigating the evolving energy market with progressive strategies.
Frequently Asked Questions
What is the Sand Battery?
The Sand Battery is a large-scale energy storage solution designed to store and manage renewable energy, optimizing heating processes.
How does Elisa's AI solution benefit the Sand Battery?
Elisa's AI technology automates the optimal charging and participation of the Sand Battery in electricity markets, enhancing profitability.
What environmental benefits does the Sand Battery provide?
It significantly reduces carbon emissions from district heating, aiming for a 70% decrease from current levels.
How does the Sand Battery support the energy grid?
It provides necessary energy flexibility, helping balance the supply and demand of renewable energy throughout the grid.
What role does Polar Night Energy play?
Polar Night Energy designs and manufactures the Sand Battery, promoting efficient renewable energy storage and use.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. If any of the material offered here is inaccurate, please contact us for corrections.