#Sweden #Gothenburg #Microgrid #Minesto #tidal energy

Minesto's Groundbreaking Microgrid Project

Minesto, a recognized name in ocean energy technology, has made strides in renewable energy with the initiation of a microgrid project that aims to enhance local energy independence in the Faroe Islands. Collaborating with key partners including Sev, Capture Energy, and IVL, the company has recently concluded an intensive planning workshop aimed at kick-starting a 25 MSEK Microgrid initiative, which has been granted funding by the Swedish Energy Agency.

Setting the Stage for Renewable Energy

The project began with a focused 1.5-day workshop held at Minesto’s headquarters in Göteborg, Sweden. During this session, the participating partners laid a solid groundwork for creating a microgrid that will function as a turnkey installation in Vestmanna, a locality in the Faroe Islands known for its commitment to sustainable practices.

A Vision for Tidal Energy Utilization

This innovative microgrid is designed to harness tidal energy to provide a consistent and renewable energy supply, fulfilling both local energy demands and expanding its reach potentially to millions of users globally. Johannes Hüffmeier, Chief Operating Officer of Minesto, expressed optimism about the project, stating, “We are off to a good start delivering a tidal energy microgrid system with the capacity to offer base-load renewable energy.”

Enhancing Local Engagement

In a parallel effort, Minesto is integrating two local end-user applications that focus on tidal energy utilization, emphasizing customer engagement. The incorporation of these applications is geared towards fostering a stronger connection with the local community, crucial in achieving high renewable energy usage. The initial target for this integration involves electric vehicle (EV) charging stations and industrial processes, specifically tailored to cut down fossil fuel consumption through increased electrification efforts.

Dr. Martin Edlund, the CEO of Minesto, remarked on the importance of these integrations, stressing that proving the value of tidal energy in electrification applications is crucial for both demonstrating efficiency to customers and supporting broader environmental benefits. He underscored how vital this small-scale electrification is for the ongoing global transition to cleaner energy sources, asserting, “Small-scale electrification to reduce CO2 emissions is a core component in the global energy transition.”

Looking Ahead

As the project moves forward, the focus will be on ensuring the successful transition of renewable energy applications for the Faroe Islands, thereby creating a model for similar future initiatives worldwide. With Minesto leading the way in tidal energy technology, the microgrid project serves as a beacon of innovation and sustainability in energy production and distribution.

By prioritizing local energy needs while contributing to global sustainability goals, Minesto's microgrid initiative is set to make a significant impact both locally and beyond.

• ---

For more details or inquiries, you can contact Cecilia Sernhage, Chief Communications Officer at Minesto, via phone at +46 735 23 71 58 or through email at [email protected].