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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Philippine stocks set for recovery
Beauty lovers turn to TikTok and Amazon
Pricey beans�brew consumer shift
Guiding rural Thais to prosperity
Asia rides the dollar dip
EM optimism after stellar year
Trump travel ban adds to Caribbean woes
Bursa’s quiet year sets stage for comeback
Bull charges cautiously
Indonesia treads with care

Others Also Read