Finnish battery project company AkkuX Oy and Gridle, the energy optimization unit of Elisa Industriq, have signed an agreement covering the optimization and electricity market participation of grid-scale battery energy storage systems in Finland.
Under the agreement, Gridle will provide optimization and route-to-market services for AkkuX’s battery projects across electricity wholesale and balancing services markets.
Oulu-based AkkuX will remain responsible for the development and ownership of the battery assets.
The first project under this agreement is a 5MW /10 MWh battery energy storage systems in Outokumpu, Finland, which is expected to enter operation later this year.
The battery represents a commercially driven investment, with revenues maximized through participation in electricity wholesale markets and Fingrid’s balancing services markets, contributing to the stability and balancing of the Finnish power system.
“Gridle brings mission-critical reliability and proven experience in battery optimization, which gives us confidence as we continue to scale our project portfolio. As part of Elisa Industriq, Gridle has the resources to continuously develop the optimization and generate the best possible results for us,” says Teemu Manninen, CEO of AkkuX.
The agreement establishes a framework for long-term operational cooperation as AkkuX expands its grid-scale battery project pipeline in Finland.
“For Gridle, grid-scale battery optimization is fundamentally about long-term partnerships. Gridle was built to operate critical energy assets in complex market environments over their full lifecycle. Working with a dedicated battery project developer like AkkuX allows us to build scalable, long-term cooperation that delivers value both to the asset owner and to the power system,” says Markus Logren, Business Lead of Gridle, Elisa Industriq.
Earlier this year, Gridle announced several new grid-scale battery optimization projects, including partnerships with Nivos and Vantaan Energia.
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