Sinebrychoff Brewery and electricity storage to provide flexibility to the electricity market
Sinebrychoff’s production plant in Kerava and the electricity storage under construction will be connected to the virtual power plant service, which will allow them to start providing flexibility to the electricity market. Acting as consumption elasticity promotes Finland’s carbon neutrality goal and at the same time harnesses properties to generate income.
In connection with the Sinebrychoff industrial property, a 20 MWh electricity storage will be built in Kerava. The storage is half the size of a football field. With the help of electricity storage, industry and real estate can provide consumption flexibility to the energy market and thus promote the use of green energy.
The Sinebrychoff project is a large entity involving several actors. The intelligent energy management system, virtual power plant service, other technology upgrades and financing solution are provided by an ecosystem coordinated by Siemens Osakeyhtiö. VIBECO will provide Sinebrychoff with a flexible power plant service and will be responsible for participating in the consumer flexibility market on Sinebrychoff’s behalf. For the first time, a foreign investor investing in sustainable development and major electricity storage projects in Europe is also involved in the extensive service package.
The smooth operation of the electricity network requires that the production and consumption of electricity are in balance at all times. Renewable energy production, such as solar and wind power, is exposed to weather fluctuations. Increasing the share of green energy in electricity consumption requires that consumption is flexible where necessary. In addition, renewable energy can be used efficiently by storing it with batteries for later consumption.
With the help of consumption flexibility, companies and organizations can promote Finland’s goal of being carbon neutral by 2035, because when electricity consumption is flexible if necessary, there is no need to resort to the use of carbon-based reserve power in electricity production.
The transmission system operator Fingrid pays compensation for acting as consumption elasticity, so companies and entities involved in consumer elasticity can earn income from their properties at the same time.
“At Sinebrychoff, we are pleased that we are part of a large national project and that we can use our industrial property to promote the realization of Finland’s climate goals. Participating in the consumer elasticity market also means that we can get revenue and also savings from the electricity market, because with an intelligent system we can optimize the heating and cooling needs of the property. ”
-Pasi Lehtinen, Sinebrychoff