At Nordic Energy Storage, we help investors build a portfolio of development projects in Energy Storage facilities, such as solar and wind farms. We identify and prepare projects and develop packaged solutions fitting the specific project.
Investors can be large capital owners or utility companies looking to invest in expanding the electric power system.
In particular, the sale of ancillary services and electricity trading are exciting growth markets with the potential for significant profits. The price of ancillary services has risen significantly in recent years, and we see a continuously increasing demand for ancillary services as more electrification and more renewable energy lead to deteriorating frequency quality and increasing imbalances in the electric power system.
Energinet predicts three scenarios for costs of ancillary services: a base scenario calculated on basis of the common North European initiatives launched to stabilize prices, and high and low price scenarios based on uncertainties in international markets as well as the activation of new technologies and consumption flexibility.
From: Energinet – Forventet udvikling i Energinets eltariffer 2022