Sky-high electricity prices disappear. Estonia is filling up with energy storage solutions.

The years of energy crisis brought about a solar panel boom in Estonia. Several thousand new solar energy production facilities were installed annually. There were also discussions about increasingly ambitious plans for wind energy production. At the same time, concerns were raised: what happens when the sun isn’t shining and the wind isn’t blowing? During these periods, electricity prices on the market can skyrocket because the decrease in production capacity cannot meet demand anymore. There is a need for controllable electricity production or storage solutions to store energy during times of low prices. However, there was little talk about storage solutions apart from a few massive projects with exorbitant costs, which were still years away from completion.

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https://arileht.delfi.ee/artikkel/120271806/ulikorged-elektrihinnad-kaovad-eesti-taitub-elektrisalvestitega