Currently, utility-scale energy storage technologies that have been commissioned in Finland are limited to BESS (lithium-ion batteries) and TES, mainly TTES and Cavern Thermal Energy Storages (CTES) connected to DH systems.
Like the energy storage market, legislation related to energy storage is still developing in Finland. The two are intertwined as who is allowed to own and operate energy storages will define the business models of the storages. A major barrier to the implementation of ESS was removed when the issue of double taxation was solved.
Thus, although these projects would store energy in the form of hydrogen and its derivatives and could help balance the energy system by absorbing excess energy from VRES and providing DR services, they cannot be considered as energy storage projects as the end use of the products is not in the energy sector.
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