Emaldo and Qurrent to expand trading opportunities for Nordic C&I battery customers
By
Sofie Berggren
Emaldo customers in Sweden and Finland can now access greater energy trading capabilities through a new partnership with Qurrent
Through an initial project in Tungelsta, Sweden, three Emaldo batteries connected to Qurrent’s optimization and trading system has been deployed at a commercial greenhouse
It’s expected that the partnership could later expand beyond the Nordics, with both companies pursuing international growth
ØLSTYKKE, Denmark - Tuesday 3 November - Danish smart energy solutions provider Emaldo has expanded its partner network once more with a new collaboration with Swedish energy optimizer Qurrent. Through the partnership, Emaldo’s C&I battery customers across Sweden and Finland will be able to access Qurrent’s energy trading capabilities and greater market access in order to maximize the earnings potential of their battery assets.
To counterbalance the variability of renewable energy, C&I batteries are being increasingly adopted by businesses both to optimize their own renewable energy usage and to generate an income from selling excess capacity to the grid via providers like Emaldo.
Through Qurrent's network of balance-responsible parties, Emaldo's business customers gain access to additional energy and ancillary service markets, creating more opportunities to generate revenue from their battery assets. Qurrent's intelligent optimization platform then trades automatically on their behalf, buying and selling energy when prices are most favourable.
The partners have already deployed a project in Tungelsta, Sweden, where three 261 kWh batteries have been installed by Emaldo at a commercial greenhouse and connected to Qurrent’s system for control and optimization. In addition to spot trading, the batteries are active in eight frequency and balancing markets, including FCR-N, FCR-D, FFR, mFRR capacity and mFRR energy activation.
Over twelve months of active market participation, more than 3,500 MWh of flexibility has been made available to Sweden’s transmission system operator, Svenska kraftnät, and over €33,000 in market revenue generated.
It’s expected that the partnership could expand further and serve new markets in the future, in line with the growth ambitions of both companies.
Alasdair Firth, Emaldo’s Chief Product Officer, said: “As we expand our capabilities, it’s important to work with partners who understand both the technology and the energy markets. Connecting a battery is only the first step - we also need to put its flexibility to work in a smart way and keep developing optimization opportunities as markets evolve. Qurrent brings the expertise and market access to help us deliver lasting value for our customers.”
Frederic Anderberg, Qurrent’s Chief Commercial Officer, said: “A strong partnership is about more than a technical integration. It takes open dialogue, solving challenges together and continually looking for ways to create more value for customers. That’s the kind of collaboration we’re building with Emaldo.”
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About Emaldo
Founded in Denmark in 2022, Emaldo has rapidly grown into a leading energy storage solutions company with 12,000+ systems installed and 400 employees worldwide. Our Grid Rewards scheme now pays customers around €1M every month for helping balance the grid with over 150MW of controllable capacity. Award-winning and fast-growing, Emaldo is expanding across Europe with innovative energy solutions, 200+ installation partners, and a mission to accelerate the transition to a cleaner, smarter energy future.
About Qurrent
Founded in Stockholm in 2022, Qurrent is an independent energy optimizer, enabling real-time control and market optimization of energy production, consumption and storage. Our focus is to maximize the value of batteries and renewable energy assets while simultaneously balancing the grid. Today, more than 1 GW of energy is controlled through Qurrent’s platform, and we integrate with over 50 different manufacturers of hardware and technologies.