Exilion has partnered with Merus Power to utilize its trading services for a 30 MW / 66 MWh battery energy storage system in Mäntyharju, Finland. Merus Power will also be responsible for the operation and maintenance of the battery energy storage facility, as well as for trading on the electricity market and optimizing those operations. This collaboration strengthens the growth of digital services and long-term lifecycle business in line with Merus Power’s strategy.
With the help of Merus Power’s trading system and expert services, the energy storage facility can be utilized efficiently in the day-ahead and intraday electricity markets, as well as in Fingrid’s reserve markets. The goal is to ensure high availability of the energy storage system and maximize its revenue potential throughout its entire lifecycle.
Cybersecurity is a key component of the reliable operation of battery energy storage systems. Merus Power’s technology and services emphasize secure software architecture, managed updates, and the operational reliability of critical energy infrastructure.
“Exilion’s decision to use our trading service is an important indication to the competitiveness of our digital services. We combine our own technology, electricity market expertise, and lifecycle services into a comprehensive offering that helps our customers maximize the value of their battery energy storage investments safely and profitably throughout their entire lifecycle,” says Kari Tuomala, CEO of Merus Power Plc.
“With Merus Power’s technology and services, we aim to achieve the highest possible profitability and availability for our Mäntyharju battery energy storage system throughout its entire lifecycle, without compromising on safety,” says Ville Kymäläinen, Investment Manager at Exilion.