Anticipating revenue diversification
For all the talk, we must admit there are very few battery projects on the ground in mainland France. But even in these early days for the application, writes Everoze partner Bruno Menu, we are seeing an evolution in financial models with more revenue diversification than was anticipated for the first projects. Let’s take a look at why that is and what attractive options there may be for revenue diversification.
Since the French market opened to battery projects in 2017, revenue from primary reserve – now called frequency containment reserve (FCR) – has been central to the business plans of all front-of-meter battery projects, often combined with participation in the capacity market.FCR is the first line of response for the transmission system to withstand an …
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