Why do we need batteries in Norway?
“Battery production can create new, green jobs and more export opportunities for the Norwegian economy. And that’s exactly what we need right now,” says the CEO of the Confederation of Norwegian Enterprise (NHO), Ole Erik Almlid. Agder Energi and Bjørn Rune Gjelsten’s NOAH AS are two industrial heavyweights that are now launching Morrow Batteries.
Why should you invest in batteries?
Due to their flexible nature, batteries are able to participate in all reserve markets. However, batteries also bring other functionalities, enabling multiple possible value streams. These diferent value streams make it possible to spread the investment risk and participate where the value is highest.
How is activated volume distributed in Sweden and Norway?
In Sweden and Norway, the total activated volume is distributed proportionally among the capacity market participants on a pro-rata basis to satisfy the real-time demand for aFRR energy.
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SINTEF, Innovation Norway, the EYDE-Cluster and raw material suppliers are among the partners already committed to the project. A location close to the European continent, good
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