Danske Commodities will act as European Energy’s optimisation partner for the facility, located in Viborg Municipality. Kvosted will be able to store 200 MWh of power – more than four times the capacity of Denmark’s largest battery farm.
Kvosted Solar Park has been in operation since 2022, and the battery modules have been installed directly within it. This means that the solar farm can store renewable energy directly in the batteries and distribute it after sunset.
“By combining solar generation and battery storage, we can improve the utilisation of renewable energy throughout the day” said Gregor McDonald, VP and Head of Energy Trading and PPA at European Energy. “Working with Danske Commodities will help ensure that Kvosted operates efficiently and contributes to a well-functioning power market.”
Danske Commodities is a Balance Responsible Party (BRP) for Kvosted Solar Park and will now also optimise the co-located Kvosted Battery Park.
“Utilising 20 years of power trading experience and a fully automated algorithmic setup, Danske Commodities has become a leading optimiser of renewables and flexible energy assets” said Dirk Kaiser, Head of Renewables Business Development at Danske Commodities. “Today, we add the first co-location of renewables and BESS to our growing portfolio, and we look forward to continuing our strong partnership with European Energy.”
As wind and solar become the backbone of the energy system, batteries offer the flexibility and fast response required to keep the grid stable. Solar energy makes a significant contribution to Denmark’s electricity production and on the sunniest days solar farms can cover more than 60 percent of national electricity consumption. This in turn generates a growing need to use solar energy even after sunset. The Kvosted battery park has been designed to meet precisely this demand and will be able to store up to 200 MWh, equivalent to the average daily electricity consumption of approximately 18,000 households. This increases independence from fossil fuels and makes Denmark’s energy supply greener.
Through the optimisation agreement, European Energy and Danske Commodities will optimise energy production and storage at Kvosted, providing much needed flexibility to the power market.
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