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Flex Trading Tolling
A steady income through a Toller
With Flex Trading Tolling, you can generate a steady income from your battery by reserving capacity for a third party (the “toller,” usually a BRP—Balance Responsible Party). Covolt handles the management and services.
How it works:
- Your battery (BESS) will be allocated in whole or in part to a third party
- This party pays a fixed fee for the reserved capacity
- Covolt provides technical management and operational services
- The toller determines when and how the capacity is allocated
Features:
- Predictable, fixed income
- No exposure to market risk
- The battery is used as backup capacity for a third party
- Covolt handles the technical management
Suitable for: Companies that want to ensure a steady revenue stream from their battery without having to monitor the market themselves, or that want to have their batteries managed by a trading partner.
What we do for you:
- Selecting the right market participant (BRP) to secure the best contract terms.
- Support with the business case.
- Control and monitoring of your system, guaranteed day and night through clear service agreements.
Every situation is different.
The right approach to Flex Trading depends on how you want to balance returns, risk, and flexibility. Wondering which approach best suits your facilities and goals? We’d be happy to help you figure it out. Contact us or check out our knowledge base for additional insights.