The University of Vaasa has received funding from Business Finland for the FlexiPower research and development project, which focuses on developing and commercializing the "Building as a Battery" (BaaB) solution.
The University of Vaasa has received funding from Business Finland for the FlexiPower research and development project, which focuses on developing and commercializing the "Building as a Battery" (BaaB) solution. The project aims to find solutions that utilize existing building infrastructure as flexible energy sources.
The goal of the FlexiPower project is to develop and commercialize a solution that enables the dynamic response of building heating and cooling systems to the needs of the power system. This innovation offers a cost-effective and scalable solution for balancing the power grid without significant initial investments in batteries or other infrastructure projects.
The BaaB solution can generate significant revenue for property owners. The technology also supports property owners in reducing their carbon footprint and promoting responsible energy management and sustainable development.
- The project has been warmly received by property owners, primarily because it does not require large initial investments. The market is highly uncertain, making it difficult to calculate the payback period for investments, says Edi Sandblom from the University of Vaasa.
Read more at University of Vaasa
Image: University of Vaasa campus in the winter. (Credit: University of Vaasa)
