DNV GL acts as adviser to Lundin Petroleum and Sval Energi for acquisition of third largest wind farm in Finland

DNV GL supported acquisition of the Metsälamminkangas wind farm by providing technical advisory and due diligence, including assessment of the project’s risks and opportunities and participation in contract negotiations. The wind farm will be the third largest in the country, following start of operation in 2022.

Seasonal storage technology has the potential to become cost-effective long-term electricity storage system

DNV GL research paper ‘The promise of seasonal storage’ finds that price of seasonal storage, if based on compressed hydrogen, could become cost-competitive with alternative forms of long-term storage. Rise of synthetic fuels can provide a critical stepping-stone for the use of seasonal storage applications. Overall need for additional storage solutions is lower than expected. Growing number of electric vehicles in our transport system will provide most of the needed energy storage solutions.

DNV GL tests first renewable energy park controllers with its mobile test stand solution for a financially viable energy transition

Interface between renewable energy projects and grid operators can be assessed faster. Digital measurement environment and test setup reduce costs for the preparation of certification in the manufacturing process. Mobile solution enables more flexible and hence cost-effective measurement of individual components.

DNV GL verifies innovative floating solar design methodology for Ocean Sun

Ocean Sun introduces floating solar solution for man-made reservoirs and coastal waters. Floating solar opens up tremendous opportunities to provide the world with sufficient renewable energy. The solution from Ocean Sun is the first floating solar design of its kind to receive a Statement of Conformity from DNV GL, verifying its accordance with global safety standard.

Transmission and distribution industry faces barriers to implement critical digitalization measures to accelerate global energy transition

Just over half (52%) of Distribution Network Operators have digitalization as a core part of their publicly stated strategy, falling to 39% for Transmission System Operators. One third of the T&D industry considers itself less advanced than the wider energy industry in its current application of digitalization. 67% of respondents highlighted need for employees with combined data and domain expertise.