government procurement price of gel battery storage in Finland

By Energy Storage News · · 2-3 min read

Between 1.5. and 1.5., the average procured volume was 2MW, and the average hourly price was 4.5€/MW. If only the hours when FFR was procured were counted, the average price would be 38€/MW.

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However, the need to procure FFR depends on the electricity system’s inertia; thus, it is procured only for specific hours, and the volume varies. For the past year, the procurement amount has still been low. *Price is calculated as an average of all hours, including when FFR was not procured.

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government procurement price of gel battery storage in Finland

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