The European Circular Economy Project TREASoURcE to Install Stationary Battery Systems for Energy Storage Purposes at Two Demo Sites in Norway and Finland
22.3.2023 11:44:00 EET | Business Wire | Press release
As part of the four-year circular economy project TREASoURcE, a stationary Battery Energy Storage System (BESS) built with used electric vehicle batteries will be commissioned at two demo sites in Norway and Finland over the summer 2023. The demonstrations aim to increase knowledge of the batteries’ second life and their functionality and how stationary batteries can be used to balance electricity demand. The intended result is to accelerate the market uptake of this technology.
The selected demo sites are Rudskogen Motorsports Centre in Viken, Norway, and the municipally owned Lempäälä House in Lempäälä, Finland. The pilot is led by the Norwegian research organisation SINTEF and the battery systems will be supplied by the Norwegian company ECO STOR AS.
The system stores excess energy from solar panels which in turn is used to cut power peaks for the facilities. The BESS can thus be used to shift energy consumption to reduce the energy cost and provide stabilization for the entire power grid. The use of second-life batteries helps to reduce environmental impacts and save critical minerals and other natural resources by extending the product life cycle.
Rudskogen is a large motorsport centre that was selected by the Norwegian government as the national motorsport arena in 2005. Rudskogen will have a BESS with a rated capacity of 120 kWh and rated power of 60 kW.
“Rudskogen Motorsports Center wishes to choose good and sustainable solutions in connection with the expansion and electrification of the facilities. This will facilitate for future electrification of the sport,” says Bård Mikkelsen, Chairman of the board for Rudskogen Motorsports Center AS.
Lempäälä House is a modern building completed in 2020 in the municipal centre of Lempäälä. It will be supplied with a BESS with a rated capacity of 80 kWh and rated power of 40 kW.
”The pilot sounded immediately interesting and especially the application of demand response is very topical. We’re very excited to see the results so we can further apply them in our future projects as well,” says Ulla Palo-oja, Construction manager of Lempäälä municipality. The easy replicability of the demonstrations across Europe and beyond is one of the key objectives of the project.
The battery systems will operate and collect data for research until 2026. The operation of the systems will be optimized throughout this period based on the data and experience.
About TREASoURcE
TREASoURcE is an initiative funded by the European Union under the Horizon Europe research and innovation programme with a budget of EUR 9.99 million. The four-year project (2022-2026) is coordinated by VTT Technical Research Centre of Finland Ltd, and the consortium consists of 17 partners from six European countries. Project website: https://treasource.eu/
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230322005363/en/
Contact information
More information:
Mathias Winther Thorsen, Battery Systems Engineer, ECO STOR AS
mathias.thorsen@eco-stor.no, +47 91395282
Fride Vullum-Bruer, Senior researcher, SINTEF Energy
fride.vullum.bruer@sintef.no, +47 98667654
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Uptime Institute Partners with the Governorate of Nineveh to Advance Iraq’s Digital Infrastructure at the U.S.-Iraq Business Summit27.7.2026 10:02:00 EEST | Press release
Uptime Institute today announced a landmark strategic partnership with the Governorate of Nineveh, signed at the U.S. Chamber of Commerce U.S.-Iraq Business Summit to accelerate the region’s digital transformation and advance Iraq’s national digital agenda. The agreement was signed on July 17, 2026, during the official U.S. visit of Iraqi Prime Minister Ali Al-Zaidi. Uptime Institute participated as part of the official delegation at a historic summit that yielded more than 50 agreements valued at over USD $60 billion, signaling a powerful new era of economic cooperation, investment, and technological innovation between the United States and Iraq. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260727139625/en/ Signing of landmark strategic partnership with Ali Al-Zaidi, Prime Minister of Iraq (right) and Uptime Institute's Mustapha Louni, Chief Business Officer (left). Under the Memorandum of Understanding (MOU), Uptime Inst
Objectway Expands Into Capital Markets With Its Project to Acquire French Specialist SLIB, Pushing Forward Its Pan-European Growth Strategy27.7.2026 09:45:00 EEST | Press release
Objectway, the pan-European wealthtech solution partner for banking, wealth and asset management firms, today announced that it has entered into exclusive negotiations with BNP Paribas and Natixis, granting them the right to transfer their entire stake in SLIB (Services Logiciels d'Intégration Boursière), a trusted partner specialised in the development of dedicated software solutions for the capital markets sector, to Objectway. The completion of the transaction remains subject to the satisfaction of customary conditions, including regulatory approvals and the finalisation of applicable information and consultation processes with the relevant employee representative bodies, and is expected to close by December 31, 2026. About SLIB SLIB (Services Logiciels d'Intégration Boursière) is a trusted technology partner to the capital markets industry. Founded in 1988 from the IT department of the Lyon Stock Exchange, SLIB has grown over more than 30 years into a specialised software provider
Ant Group Unveils Ling-3.0-Flash Delivering Top-Tier Performance at a Fraction of the Parameter Scale27.7.2026 09:00:00 EEST | Press release
Ant Group today announced the release of Ling-3.0-Flash, a next-generation native hybrid-reasoning foundational model engineered specifically for production-grade AI agent workflows. Designed to deliver rapid response capabilities, it serves as a high-speed execution node that offers a superior balance of intelligence density and cost-efficiency. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260726584441/en/ Ling-3.0-Flash delivers strong performance across multiple core benchmarks. Featuring 124B total parameters with only 5.1B active parameters per token, Ling-3.0-Flash achieves remarkable performance despite its streamlined footprint. It matches or surpasses industry-leading models with two to three times its parameter scale across core benchmarks, including foundational reasoning, instruction following, and long-context processing. Architectural Innovation for Efficiency Ling-3.0-Flash moves away from the traditional ap
SES Statement On FCC Upper C-band Auction Decision27.7.2026 08:30:00 EEST | Press release
SES, a leading space solutions company, issued the following statement following the U.S. Federal Communications Commission approval of the Upper C-band Report & Order that makes 160 megahertz of the Upper C-band available in the contiguous United States for flexible-use, next-generation terrestrial wireless services via a system of competitive bidding. The required auction of the Upper C-band will be completed no later than July 2027, with spectrum clearing deadlines in 2030 and 2031. Gross incentive payments of approximately $5.6 billion to SES are contingent on spectrum clearing within the transition deadlines. The Order also confirms reimbursement of reasonable and necessary Upper C-band transition costs as approved by the clearinghouse. SES CEO Adel Al-Saleh Commented: “We commend Chairman Carr and the FCC staff for their diligence, speed, and hard work. We remain fully committed to working cooperatively with the FCC and all stakeholders as the process progresses. We are pleased t
LTM and Cognition Partner to Reduce Cyber Risk in Financial Services with Devin27.7.2026 08:00:00 EEST | Press release
LTM, the Business Creativity partner to the world's largest enterprises, today announced a strategic partnership with Cognition, the AI lab behind the software engineering agent Devin. As a part of this partnership, LTM has onboarded Devin, Cognition’s Autonomous AI Engineer as part of BlueVerseTM RightLogic. LTM BlueVerse RightLogic, is a cybersecurity assessment and risk assurance framework designed to help enterprises identify, assess and remediate cyber exposure as they accelerate AI adoption. Together, the companies will prioritize financial services sector, where Devin is most proven and where LTM brings deep institutional expertise. As AI adoption accelerates, many financial institutions are facing a widening gap between innovation and cyber risk visibility. BlueVerse RightLogic closes this gap by autonomously identifying, prioritizing and remediating vulnerabilities across banking infrastructure, applications, AI systems, software supply chains and governance—including exploits
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
