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PL – Axpo to optimise R.Power's 300 MW storage plant

The new agreement between Axpo and R.Power covers the full scope of optimisation services for the 300 MW/1,200 MWh storage facility. It will take effect at the start of commercial operation and run until the end of 2038, based on a profit-sharing mechanism between Axpo and R.Power, combined with a minimum revenue guarantee (floor) that helps secure the future of Dzięgielewo, one of Poland's largest planned BESS installations and a key project in R.Power's 1.7 GW/6.3 GWh Polish energy storage pipeline. The scale and capacity of the installation are expected to significantly increase the flexibility of Poland's power system, support the integration of growing renewable energy supply, and provide ancillary services to the balancing market.

Poland – R.Power, Axpo agree 150 MW BESS optimisation

BESS optimisation entails managing the operation of an energy storage asset and its associated market commitments to maximise revenues and asset value, or in simple terms, deciding when, how and for what purpose the battery's capacity is used. This includes both cycling energy through the battery (charging and discharging) and reserving capacity to provide ancillary services to the power system operator. Much like long-term power purchase agreements for renewable energy installations, the guaranteed minimum revenue option provided by Axpo supports project bankability and reduces investment risk. (hcn)