Merus Power to provide Oy Herrfors Ab with a trading platform - offers immediate economic benefits to the electricity company
Merus Power Plc, press release, May 2 2024 at 15:00 Merus Power Plc and Oy Herrfors Ab have signed a contract for optimization and trading services for a 7 MW energy storage system and a 5 MW electric boiler. The contract between Merus Power and Oy Herrfors Ab covers optimization for Fingrid's reserve market and the wholesale electricity market. The trading platform developed by Merus Power offers the possibility to optimise energy storage technology in the electricity market, taking into account both the consumption of the storage battery and the return on investment. As