European Energy and Danske Commodities sign agreement to optimise the largest combined solar and battery park in the Nordics
European Energy has selected Danske Commodities as its optimisation partner for Kvosted Battery Park located in Viborg Municipality in the DK1 price area. Kvosted is set to become the largest solar and battery park in the Nordics with a capacity to store 200 MWh power – more than four times the capacity of Denmark’s largest battery park.
The battery park is co-located with Kvosted Solar Park. The solar park has been in operation since 2022, and the battery modules have been installed directly within the solar park. This means that the solar park can store renewable energy directly in the batteries and distribute it once the sun has set.
“By combining solar generation and battery storage, we can improve the utilisation of renewable energy throughout the day. Working with Danske Commodities will help ensure that Kvosted operates efficiently and contributes to a well-functioning power market,” said Gregor McDonald, VP and Head of Energy Trading and PPA at European Energy.
Danske Commodities is balance responsible party (BRP) for Kvosted Solar Park and will now also optimise the co-located Kvosted Battery Park.
“Utilising 20 years of power trading experience and a fully automated algorithmic setup, Danske Commodities has become a leading optimiser of renewables and flexible energy assets. Today, we add the first co-location of renewables and BESS to our growing portfolio, and we look forward to continuing our strong partnership with European Energy,” said Dirk Kaiser, Head of Renewables Business Development at Danske Commodities.
As wind and solar become the backbone of the energy system, batteries offer the flexibility and fast response required to keep the grid stable.
Today, solar energy makes a significant contribution to Denmark’s electricity production, and on the sunniest days solar parks can cover more than 60 percent of national electricity consumption. This development creates a growing need to use solar energy even after sunset.
The Kvosted battery park has been designed to meet precisely this need and will be able to store up to 200 MWh, equivalent to the average daily electricity consumption of approximately 18,000 households. This increases independence from fossil fuels and makes Denmark’s energy supply greener.
Through the optimisation agreement, European Energy and Danske Commodities will optimise energy production and storage at Kvosted, providing much needed flexibility to the power market.
Facts about Kvosted Battery Park
- Asset: battery energy storage system (BESS)
- Location: Viborg, Denmark
- Storage capacity: 200 MWh
- Developer: European Energy
- Optimisation partner: Danske Commodities
- Expected commercial operations date: December 2025
About European Energy
European Energy develops, builds and operates renewable energy projects, including solar, onshore wind and Power-to-X facilities. Founded in 2004 and headquartered in Copenhagen, the company works across more than 25 countries to expand the availability of renewable electricity and support the energy transition. European Energy’s activities cover the full project cycle from early development to construction, operation and asset management. European Energy has constructed more than 5 GW of renewable energy assets and currently has more than 60 GW of renewable energy projects in its pipeline.
About Danske Commodities
Danske Commodities is an energy trading company that specialises in power and gas trading and offers balancing, optimisation and hedging services to energy producers and suppliers. Every day, the company completes more than 90,000 trades across 40+ countries, constantly moving energy from where there is more than needed to where it is needed most. Danske Commodities is a wholly-owned subsidiary to Norwegian energy company Equinor, operating under its own name and brand.
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