How aFRR, Europe’s new merchant revenue opportunity for energy storage, can appeal to investors

Automatic Frequency Restoration Reserve (aFRR, formerly known as “secondary reserve”) is finally opening up to energy storage in most European countries. The PICASSO project to establish a European platform for exchanging balancing energy for aFRR will start opening up the market as early as this summer in some countries. This new opportunity comes at the right time for storage, as FCR (or “primary reserve”) prices have been decreasing to levels that have disappointed some investors.
Through this webinar, experts from Clean Horizon and Gore Street Capital drew a path for European investors and IPPs active on the continent who are looking to successfully finance merchant storage projects.