VivoPower Secures $1.9M EBITDA Boost from Norway Grid Flexibility Markets
VivoPower PLC has secured a new revenue stream by prequalifying its 41.5 MW data center in Norway to provide 30 MW of flexible load to Statnett SF’s ancillary services markets, expected to contribute $1.9 million in annual EBITDA. The approval covers two reserve markets, FCR-D and mFRR, with payments set across the Nordic synchronous area, enhancing margins due to low local power costs and region-wide payment rates.
Topics: ancillary services data center operations EBITDA grid flexibility revenue growth