Finland plans world’s largest seasonal heat storage facility
Finland The Varanto facility, which will be more than 1 million cubic metres in size and located in the city of Vantaa, could heat a medium-sized Finnish city year-round, the company said.
It will be the world’s largest “by all standards,” around double the size of New York City’s Madison Square Garden arena.
Its design involves storing heat as water heated to 140 degrees Celsius in underground caverns, to be used to heat buildings via the district heating network whenever needed.
Nordic countries face a large gap in difference between heat consumption in the summer and winter, with summer peak load comprising only a tenth of that seen in winter.
Photo courtesy of Vantaa Energy.
Recent Posts
Aramco signs three MoUs to develop low-carbon tech
Saudi Aramco has signed three MoUs with US companies to advance the development of potential lower-carbon energy solutions, the company… Read More
Iberdrola to triple offshore wind assets to $18 billion
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Angola’s Azule Energy awards Saipem $850-million contract
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration spuds new well in Colombia
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas makes discovery off Suriname
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More