Norwegian energy company Statoil said it was planning a battery system for a floating wind farm that will be “smart ” enough to compensate for calm conditions. The company said Tuesday its Hywind facility off the coast of Scotland, the first floating wind farm in service in the world, will be equipped next year with batteries to store power. “The purpose is to ‘teach’ the battery when to hold back and store electricity, and when send power to the grid, thus increasing value of the power,” the company explained. The company last year unveiled an energy-storage project dubbed Batwind at its Hywind floating offshore wind farm. Through a memorandum of understanding signed with the Scottish government, the company aims to install a Lithium battery storage […]