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European Energy Picks up Polish Battery Contracts

2024-12-19 17:40

Wedoany.com Report-Dec 19,European Energy successfully secured a 17-year contract in the Polish Transmission System Operator Capacity Market auction, indexed to inflation, for four battery projects with a combined capacity of 114MW.

The four projects are located in the north-western part of Poland. European Energy has 24 months to bring the projects to the ready-to-build stage.

The developer expects to connect the batteries to the grid in 2027, with the capacity market support commencing in 2029.

Olga Sypula, country manager in Poland for European Energy, said: "This is a significant development for European Energy in Poland.

"We have extensive experience with traditional renewable energy projects in the country, and we are excited to venture into a new business area here."

Since 2024, European Energy has prioritised battery storage as a key business area, with developments underway in many of the markets where the company operates.

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