Greenvolt Power dominated the December 2023 Polish capacity auction, securing 1.2 GW for six wholly owned Battery Energy Storage (BESS) projects. This accounts for over 70% of the total BESS capacity awarded and comes with a 17-year capacity payment obligation, the maximum tenure in Poland’s capacity market mechanism. Participating through Polskie Sieci Elektroenergetyczne S.A. (PSE), Poland’s transmission grid operator, Greenvolt’s 1.4 GW total grid-secured capacity makes it the largest BESS portfolio to clear an auction in Poland.
Greenvolt Power sweeps Polish capacity auction with 1.2 GW win
The contracts position Greenvolt as a reserve capacity for the Polish grid system, earning a fixed (CPI indexed) price of PLN 244.90/kW annually over the 17-year duration. Image Credit Greenvolt.
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