Energy storage for balancing energy and spot markets: INTILION supplies four grid storage units to energy start-up Purpel Energy
Paderborn, 19 March 2024. The Paderborn-based energy storage provider INTILION and the Hamburg-based company Purpel Energy are jointly implementing four large-scale storage projects at locations in northern Germany. Each of these outdoor systems has a capacity of twelve megawatt hours and is intended to improve the integration of renewable energies and stabilise the public power grid as grid-assisting systems in the future. Multi-market strategy stabilises electricity grid Purpel Energy will place the energy from the scalecube systems on the balancing energy and spot markets. As renewable ener-gies expand, electricity production is becoming increasing volatile and does not match fluctuations in energy consumption. Since electricity prices are based on supply and demand, we are already seeing strongly fluctuating prices on the market, which is why the energy system, and the energy markets need to be more flexible. “This is where battery storage systems come in: They can stabilise the electricity grid