Why is Belgium launching a new AFRR secondary reserve market?
That is due, Baschet says, to Belgium already introducing its local version of the new pan-European aFRR secondary reserve market — which requires more energy than FCR — as well as better opportunities to do energy trading, and a higher-paid capacity market opportunity.
Will AFRR prices continue to rise in ?
Aurora expects high prices in the aFRR market to persist until , stabilizing in . Along with an increase in the price differentials in the spot market, driven by higher gas prices, these factors have resulted in an increase of more than 2% in the IRR for battery projects with a commercial operation date in .
When will AFRR capacity market reopen in France?
On June 19, , France adopted a pay-as-you-go mechanism for its aFRR capacity market, which has significantly boosted short-term revenues. Aurora expects high prices in the aFRR market to persist until , stabilizing in .
Will AFRR capacity prices increase 2%?
The report predicts an increase of more than 2% in the internal rate of return (IRR) for investment scenarios, driven by high aFRR capacity prices in the short term and greater energy trading opportunities.
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