DIGITAL STRATEGY
In February , Northvolt announced a $ 200 million investment in Gdansk , marking Europe ’ s largest factory for energy storage solutions , which will begin production next year with an initial annual capacity of 5 GWh . Last year Northvolt signed a raw material supply agreement with China ’ s Kedali Industry .
The European Battery Alliance ( EBA ) was launched in October 2017 by European Commission Vice President Maroš Šefčovič . Its purpose is to ensure that all Europeans benefit from safer traffic , cleaner vehicles and more sustainable technological solutions , through the development of a sustainable battery cell manufacturing value chain on the continent .
Sylvie Ouziel , International President , Envision Digital , said many countries are engaged in the transition toward renewable electrification of their economies but renewables create challenges for power grids and the continuity of electricity supply , which are experienced during extreme weather conditions or in low demand days during COVID .
“ Our conviction is that renewables ’ industrial progress and increased penetration are indissociable from adopting the latest technologies ,” she said . It is providing high resolution weather forecast , high accuracy power forecast , and optimization algorithms coupled with battery storage charging control solutions to different players ( grid operators , energy generators , large commercial and industrial electricity clients , or individual consumers ) to support this permanent balance challenge .
“ To allow further adoption of renewables , we are collaborating with a specialized research institute to constantly reduce latency and ensure milli-second controls . We are also exploring graph databases to allow the grid to solve optimization challenges faster compared with conventional , relational databases ,” she added . energydigital . com 49