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Welcome on Board Northvolt
The European Association for Storage of Energy (EASE) is glad to extend a warm welcome to its newest member Northvolt who joined EASE in March 2023. Mr. Wilhelm Löwenhielm, Senior Director of ESS Business Development at Northvolt, accepted to discuss with us the expertise of Northvolt, in energy storage and expectations from this collaboration with EASE.
EASE: Mr. Wilhelm Löwenhielm, thank you very much for accepting this interview. We are very really happy to have Northvolt among our members and we would like to know more about your activities in the sector. Could you summarize the most interesting insights from the work of your company for energy storage?
Northvolt enters the energy storage market in a novel way. We’re Europe’s first homegrown large-scale and vertically integrated battery company, from cathode active material to battery cells, complete battery systems and recycling. Based on this approach, we have the advantage of leveraging the most recent battery cell technology – the beating heart of any battery product – and continuously innovate. The fact that we control all the material flows for our batteries enables us to bring to market the world’s greenest batteries. Our vision is to enable the energy transition across multiple sectors without compromising on the sustainability footprint of products - a trade-off that I believe happens too often in the storage industry today in favour of environmentally and socially unsustainable batteries.
EASE: We look forward to a very fruitful collaboration with you and to receive Northvolt inputs for our Working Groups and Task Forces. What created the interest from your company to join EASE?
As a European battery player with global ambitions, we have an interest in creating a strong European home market, both in terms of favourable conditions for R&D, materials supply, and manufacturing as well as expanding demand for energy storage and other battery products. We see EASE as a pivotal actor in growing the European energy storage market while upholding a commitment to quality, performance, and sustainability.
EASE: What is your vision for how energy storage can contribute to the energy transition?
We are convinced that battery energy storage will play an increasingly important role in enabling the further penetration of renewable energy generation. In addition to high-performing battery storage products, the development of regulation to remove red tape and incentivize grid flexibility business models will serve to unlock the potential of the industry in Europe. With a circular business model, Northvolt can enable the energy transition in a more sustainable way than is the industry standard today.
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