Betting on batteries to ease Swedish power deficit

Surging demand: A data centre manager is seen walking in a server room in Sweden. The country, one of the regions in Europe most at risk of winter power shortages, is in a rush to expand its power capacity. — AFP

STOCKHOLM: A former Gunvor Group trader is rushing to expand battery capacity in southern Sweden, one of the regions in Europe most at risk of winter power shortages.

The uptake is increasing rapidly because batteries can store electricity when wind and solar generation is high and supply it to the grid when production is low.