08.30–09.00: Arrival and light breakfast
09:00-09:05: Welcome and introduction
Klint Klingberg-Jensen, Partner, Poul Schmith
Brief introduction to the theme of the day, the programme and practical information.
09:05-09:25: BESS and the system services market - where are we, and where are we heading?
Rasmus Rode Mosbæk, CEO, Hybrid Greentech
The development of the system services market for BESS in Denmark and Northern Europe, including price formation, competition, revenue cannibalisation and experience from more mature markets.
09:25-09:45: Underwriting requirements for BESS - space, technology and insurance rationale
Morten Christensen, Head of Onshore Renewable Denmark, RiskPoint
Insurance underwriting requirements for BESS, particularly co-located projects with limited space, including technology, indoor/outdoor placement, spacing, stacking and certification (e.g. UL/IEC).
09:45-10:05: Bankability in BESS contracts - from development to operations
Klint Klingberg-Jensen, Partner, Poul Schmith
Key terms in development, EPC, O&M and trading/offtake agreements addressing grid connection, technology and performance risk, availability, degradation, merchant exposure and allocation of responsibility.
10:05-10:25: Potential real-estate-mortgage-style financing of BESS - challenges, limits and key considerations
Flemming Pristed, Partner, Poul Schmith
Legal and commercial conditions for mortgage-style financing of BESS and co-located projects, including security, technology risk, operational arrangements and the relationship with project and corporate finance.
10:25-10:45: Break
10:45-11:05: Operational risks - from planning to commercial reality
Mads Lykke Andersen, VP Head of Technology Development, European Energy
How European Energy develops BESS and hybrid projects from permitting through design optimization, supplier mix and operating strategies, and assessment on how to understand the bankability of hybrid assets.
11:05-11:35: Panel discussion: What Will Make BESS Bankable in Northern Europe?
Moderator: [TBD]
Panel: [TBD]
Discussion of the main barriers to BESS bankability, the future of co-location, bankable PPAs/tolling/trading arrangements, insurance and operational risk, and considerations for cold climates and microgrids/industrial offtakers.
11:35-12:00 - Networking and wrap-up
Opportunity for informal discussion with speakers and other participants