VTT Technical Research Centre of Finland is coordinating the BALANCE project, which brings together leading European research institutes in the field of electrochemical conversion. The project aims to demonstrate a technology that enables flexible storage of large amount of renewable power. Such technologies are needed for the further integration of additional wind and solar power. The European Commission funds the project by 2.5 million euros.
As the investment costs of solar and wind installation are decreasing, the most significant obstacle for further integration of renewable electricity is the imbalance between their weather-dependant production and the general power consumption. It is this issue that the BALANCE project partners aim to solve by further developing an electrochemical conversion technology called ReSOC (Reversible Solid Oxide Cell).
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