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Statkraft, OX2 in Finland battery deal to iron out wind power volatility

By Reuters February 25, 2026 Bullish
Statkraft, OX2 in Finland battery deal to iron out wind power volatility
Norwegian state-owned utility Statkraft said on Wednesday it had signed a power purchase agreement (PPA) for two battery energy storage systems (BESS) developed by Sweden's OX2 in Finland, where rapid wind power expansion has increased price volatility.
Norwegian state-owned utility Statkraft said on Wednesday it had signed a power purchase agreement (PPA) for two battery energy storage systems (BESS) developed by Sweden's OX2 in Finland, where rapid wind power expansion has increased price volatility.