Engie and Return extend flexibility agreement for storage in Germany to 400 MW

Engie and Return have expanded an existing agreement for the use of additional flexibility from battery storage facilities in Germany from 100 to 400 MW.

The agreement is structured as a Virtual Flexibility Purchase Agreement (vFPA), the companies announced on Monday. Under this model, the agreement covers multiple battery storage facilities and does not pertain to a single plant.

These facilities are bundled via the Virtual Flexibility Portfolio (VFP), and Engie then gains access to these battery storage facilities and their capacity through a single interface.

Return and Engie signed the first vFPA of this kind in February for 100 MW of battery storage capacity. This was followed by another contract for 55 MW for installations in Spain. Engie and Return see potential in concluding similar agreements in other European countries as well.

When the agreement was announced in February, the companies stated that it was a long-term (vFPA) with a fixed price. Engie and Return did not provide further details about the contract at that time.