EvoInfra provided financial modelling support to CLARITAS on developing an appraisal model for battery energy storage system (BESS) projects in Poland.
The Model underpinned the successful submission of a 40 MWh BESS project in the Polish Capacity Market auction in December 2023, securing a 17-year contract. The Polish TSO (Polskie Sieci Elektroenergetyczne), as part of the contract, will participate in the remuneration of the storage unit for providing grid stabilization and balancing services, further strengthening the project’s potential to secure long-term revenue contracts and overall bankability.
“We’re very excited that our first BESS project has been successful in the recent Polish Capacity Market auction. The highly competitive auction witnessed a substantial influx of new BESS projects which makes it particularly rewarding for the entire team that our project went through. The 17 year- capacity contract provides a solid linchpin for the successful development of the project. Further, we expect this achievement to bolster our discussions with financial institutions and accelerate our strategy to bring further projects on to the next auctions” says Jakub Kupcu, CLARITAS, Investment Manager Renewables & Storage.
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