Greece has one of the most attractive day-ahead market spreads in Europe, with near-zero prices during midday RES oversupply and often extremely high evening peak prices. This creates ideal arbitrage conditions for BESS operators.

The ancillary services market is relatively unsaturated, with limited participants and consistently elevated prices. This provides BESS assets with an opportunity to capture significant revenue streams before competition increases.

The Greek TSO has a conservative approach to system balancing, resulting in frequent activations and strong demand for flexibility. BESS is uniquely positioned to provide these services efficiently and profitably.

Optimus Energy provides the necessary expertise in local market specifics, and enspired has a proven record of superior revenues in other European markets. We are the first and only optimizer with independently certified revenues. For reference, you can check our portfolio performance for 1-hour and 2-hour assets in Germany, confirmed by third-party auditor KPMG.

5 MW and up.

enspired doesn't provide revenue structures in Greece, but we offer support in finding the model (tolling, floor, etc.) that suits your business case best together with financing partners. 

Yes, our local partner in Greece is Optimus Energy.

Optimus Energy is the leading renewable energy aggregator and demand response service provider in Greece, managing an extensive current portfolio of 4 GW of installed renewable capacity and 250 MW of flexible load. The company provides market access solutions and insights to maximize the value and performance of renewable energy assets, flexible consumption sites, and soon-to-be-operational energy storage systems. With a strong focus on innovation and customer success, Optimus Energy is driving the energy transition in Greece.