Market Expansion
Synthos and Ekovoltis have successfully completed the qualification process for a gas turbine in a CCGT system in Oświęcim, Poland, to provide regulatory system services. This development signals a shift in the energy sector, where private capital is increasingly supporting the stability and security of the power system.
System Services Market
The stability of the power system is crucial for modern economies, especially with the growing share of renewable energy sources. The System Services Market in Poland is rapidly expanding, with an estimated annual value of around PLN 2 billion, making it one of the fastest-growing segments in the energy market.
New Balancing Conditions
In June 2024, new Balancing Conditions were introduced, allowing for greater participation from private entities in the system services market. This change marks a departure from the previous dominance of large, centrally dispatched generation units, opening the market to new participants like Synthos and Ekovoltis.
Strategic Collaboration
Synthos contributed its extensive experience and infrastructure in providing system services, while Ekovoltis offered its expertise in energy trading and technical knowledge. Their collaboration enabled the qualification process to be completed in just nine months, demonstrating the potential for private companies to enhance national energy security.
