Nordics have a great advantage for their power grids: they possess (extremely) large energy storage.
The number 1 is Norway as the country can store 75.7 TWh in its water dams for electricity. That's 14 MWh per capita (a PowerWall has 1000 less energy).
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The number 1 is Norway as the country can store 75.7 TWh in its water dams for electricity. That's 14 MWh per capita (a PowerWall has 1000 less energy).
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Sweden has also very important water reserves, with 28.8 TWh (max value, of course, never fully used), or 2.7 MWh per capita.
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For comparison, France has only 3 TWh, or only 0.06 MWh per capita. Germany has even less.
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This level of high reserves makes electricity a commodity that is "more stable" as these reserves serve as a buffer.
It is also much more adapted for incorporating wind and solar energy without relying on fossil fuel as a backup.
Also, much easier to electrify everything
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It is also much more adapted for incorporating wind and solar energy without relying on fossil fuel as a backup.
Also, much easier to electrify everything
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This region could serve (more than today) as a buffer for the broader European network.
I doubt that we will have any other solution with a comparable scale (several tens of TWh) for long-term storage of electricity in the coming decade or even the next one.
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I doubt that we will have any other solution with a comparable scale (several tens of TWh) for long-term storage of electricity in the coming decade or even the next one.
5/6
Interestingly, another country has also quite some reserves compared to the size of its power system in the Southern part of Europe.
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https://twitter.com/JomauxJulien/status/1746844777323081819
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