Business · Energy & Commodities · 2 hrs ago

Flexbase’s Aargau data centre and battery face financing and permit questions

Flexbase’s Aargau data centre and battery face financing and permit questions

Flexbase is building a data centre and giant battery in Laufenburg, in Switzerland’s Aargau canton.

The project combines computing facilities for artificial intelligence with a battery designed to store and trade electricity as supply and demand change.

The battery is planned to start at 1.5 gigawatt-hours and later reach 2.1; the company has chosen redox-flow technology rather than the more common lithium-ion design.

The project’s estimated cost is between one and five billion Swiss francs, and Flexbase’s chief executive says unnamed private individuals will provide the money.

Questions remain about whether the funding is fully secured and whether the battery can be built at this scale.

A permit for the battery has not been granted, and the land planned for its grid substation belongs to someone else and is in an agricultural zone.

The substation and battery permits must be resolved before construction can proceed as planned, and Swissgrid says construction will then take at least five years.

What people are saying

SRFSwiss public broadcaster
with too large a ladle
via Inside Paradeplatz
FlexbaseProject company
rolling planning
via Inside Paradeplatz

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