Höyrytys Oy utilizes energy storage systems in its business operations

Energy storage as part of business operations. Does earning revenue from the reserve market work?

Enico Oy CEO Marko Lähteenmäki ja Höyrytys Oy CEO Risto Nupponen – October 2024


We are building our own so-called fleet. We initially acquired three energy storage units from Enico for our use.

Practically, the energy storage units are connected to a transformer on the premises of our facilities and participate in Fingrid’s reserve market, generating revenue for us. When needed, we can disconnect a unit from the reserve and rent it out for temporary use, for example at construction sites or events where our customers require additional temporary power or peak load balancing. This model works well for us because when the storage units are not generating rental income, we still earn from Fingrid’s reserve market. Seasonal revenues from the reserve market can even exceed rental income. On a monthly basis, we are talking about sums reaching five digits. So the energy storage units are never just sitting idle.

Risto Nupponen giving a speech in Battery Day 3.10.2024. Höyrytys and Enico are both part of WEST Invest Group Oy.
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