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Swiss Axpo advancing in batteries & hydrogen business

Oil&Gas Materials 16 February 2021 11:03 (UTC +04:00)
Swiss Axpo advancing in batteries & hydrogen business

BAKU, Azerbaijan, Feb.16

By Leman Zeynalova – Trend:

Swiss Axpo company has established two new departments in the batteries and hydrogen business fields, Trend reports citing the company.

"Battery storage and hydrogen technologies will become increasingly important to ensure that power from renewable sources is continuously available. Therefore, it's only logical that we now want to specifically target and drive forward activities in these promising business fields,” Christoph Sutter, Head of the Axpo Renewables Division, said.

Axpo has been active in the construction, operation, management and marketing of large-scale battery storage systems for some time. In Switzerland, the company developed a 2-MW battery storage facility in Rapperswil-Jona in 2019, and at the end of 2020 announced the construction of a 6.25-MW storage system in Rathausen/Lucerne.

Internationally, Axpo markets the flexibility options of a 30-MW battery storage system in Yllikkälä, Finland. By means of an IT platform, flexibility options from power storage and decentralised renewable energy facilities are marketed on the ancillary service and balancing energy markets, as well as in day-ahead and intraday trading. Axpo’s battery storage services will now also be specifically developed on an international scale.

In the area of green hydrogen, which is produced with electricity from renewable energy sources, Axpo is developing the necessary know-how and intends to realise leading-edge projects with cooperation partners. Green hydrogen is a key technology for the energy transition and decarbonisation.

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Follow the author on Twitter: @Lyaman_Zeyn

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