About - repono

What we do

The deployment of society-level energy storage is one of the solutions to ensure we maintain energy prices, curb the risk of power cut-offs, and are still able to phase out coal and gas on time.

Repono is a pan-European company focused on owning and operating large energy storage systems. By applying a holistic, portfolio-based approach that can be replicated across regions, Repono will be able to standardize and accelerate the way these systems are deployed all over Europe to store gigawatt hours of excess renewable electricity, curb the risk of power outages, level-out energy prices and enable a 24/7 balanced clean energy supply.

Launched by EIT InnoEnergy in early 2024, Repono is embedded in the world’s largest sustainable energy ecosystem of 1200+ partners, has access to EIT InnoEnergy’s 46+ investments in the energy storage sector plus the 800+ members of the European Battery Alliance (EBA250). These unique starting conditions will greatly de-risk Repono’s business and enable the company to quickly replicate projects across the continent as it plans to deploy 100 GWh of storage to Europe’s power system by 2030.

Through its acquisition of BatteryLoop, Repono already operates energy storage systems in the Nordics and employs a team of highly skilled employees.

Who we are

We are an international experienced team from the battery energy storage market, working towards net zero emission goals.

Concept depicting new possibilities for the development of ecological battery technologies and green energy storage in the form of a battery-shaped pond located in a lush forest. 3d rendering.

How It Works

Repono owns and operates large-scale energy storage systems through a variety of models and using highly automatized processes. There are currently three pillars to how we operate:

1. Short-term spot markets

Short-term spot markets are exchanges for electricity buyers and sellers. There are various sub-markets based on different time schedules, including day-ahead, intra-day and continuous intra-day trading. As an ongoing, transparent market, energy storage operators can bid based on the energy they have stored and inject it into the grid at the right time. By monitoring the exchange market, they can choose when to charge the battery from the grid and when to sell, typically charging overnight and selling the next day. Due to volatility, the more real-time the market, the more profitable it is.

2. Ancillary services

Ancillary services are used to ensure grid stability and security of supply. The optimal grid frequency in Europe is 50 Hz, and operators are constantly monitoring the grid to make sure it does not drop or spike outside of this range. Storage can therefore play an important role on these so-called balancing markets, by offering ancillary services to stabilize the grid. As renewable energy sources increase, volatility increases and so does the need for balancing services of the electricity grid.

3. Power Purchase Agreements (PPA)

A Power Purchase Agreement (PPA) is a bi-lateral agreement for long-term electricity supply between off takers and energy producers. Many large industrial players in Europe are currently signing PPAs with renewable energy operators for fixed term delivery of energy at set prices. Storage has a crucial role to play here to supply the baseload and fill in when sun or wind power is not available.

Why the need for Repono

The deployment of society-level energy storage is one of the solutions to ensure we maintain energy prices, curb the risk of power cut-offs, and reach the environmental target.

The electricity system is changing. As we transition towards renewable energy sources, moving away from coal and gas-based electricity production, we also lose the ability to generate power exactly when we need it. At the same time, electricity demand is set to boom. At the consumer level we will have more electric vehicles, buildings moving to heat pumps, and the electrification of heavy-duty vehicles. European industries are also transitioning to electrification systems.

With its ambitions to cut greenhouse gas emissions by 55% until 2030 and become climate neutral by 2050, the European Commission has set a minimum target of 42.5% renewables share by 2030. Combining increased electricity demand together with a significantly higher share of renewables, the deployment of society-level energy storage is one of the solutions to ensure we maintain energy prices, curb the risk of power cut-offs, and are still able to phase out coal and gas on time. Presently, the electricity system and grids are not built for renewable energy sources, resulting in frequent curtailment of renewables. Storage will largely end the need for this.

Repono can tap into its ecosystem of the European Battery Alliance, over 30 battery companies and other innovations whose technology help us make the most out of our storage projects. Having operations throughout Europe, we are protected against national-level regulatory changes or market saturation that could hamper our goals.