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Finland eyes energy storage crown

€7m project to develop systems for wind and solar generation

Finland eyes energy storage crown image

Finland has launched a €7m project to develop storage systems for wind and solar energy.

The Neo-Carbon Energy scheme is a partnership by VTT Technical Research Centre of Finland, Lappeenranta University of Technology and the Finland Futures Research Centre at the University of Turku.

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    The trio said the aim is to “create a competence base and potential testing areas”, enabling Finland to demonstrate "that it belongs among the global elite within the field".

    The project is divided into three parts: “futures research related to global challenges and energy systems; the development of energy systems; and the enhancement of competencies related to the development of energy storage technologies”.

    "Solar and wind energy can provide major opportunities to create new jobs and export products for Finland. The purpose of the project is to develop an energy system based on the storage of energy in the form of hydrocarbons, in other words conventional fuels," said VTT principal scientist and project coordinator Pasi Vainikka.

    Neo-Carbon Energy is being backed by the Finnish Funding Agency for Innovation, which has granted funding of €5m for 2014-2016.

    Image: renewables such as wind would benefit from the development of energy storage systems (sxc.hu)

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