Solarplaza Summit | Baltics

Thursday 25 March 2027


08:30

Registration & welcome coffee

09:15

Opening words & welcome by Solarplaza

presentation

15 min.


Session 1

Remaining competitive & profitable in Swedish PV & BESS

09:30

2GW of Baltic BESS operational by 2027: are IRRs still attractive?

presentation

20 min.

With regional transmission operators forecasting massive energy storage capacity coming online, the Baltic region is undergoing a rapid transition. This session evaluates whether early-mover financial returns remain viable to minimize the J-curve effect as the market moves away from subsidized models into merchant-heavy realities.

  • Assessing the saturation curve and pricing impact as 2 GW of battery capacity hits the Baltic grid
  • Evaluating the shift from supportive capacity mechanisms (like Elering CFDs) to merchant-exposed revenue streams
  • How standard 4-hour battery solutions perform economically under changing market conditions
  • Which project configurations and locations still offer the highest IRRs

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09:50

Landmark case study: how one of the largest BESS facilities in the Baltics works

presentation

30 min.

Mega-scale energy storage is no longer a theoretical concept in the region, with major projects officially entering commercial operation. This deep dive reveals the engineering, revenue, and operational realities behind a flagship regional BESS installation.

  • The steps and timelines behind the project: which were the key milestones?
  • Which revenue models speak well to banks
  • Reviewing early operational data compared with initial financial models

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10:20

How to tackle grid saturation and expand transmission capacity

panel

40 min.

Hundreds of MWs in new REs are already under construction, pushing existing grid infrastructure to its absolute limits. System operators and developers will discuss collaborative solutions for managing bottlenecks without halting the energy transition.

  • The realities of saturation, with significant capacities already backed by paid deposits
  • How are TSOs getting better at streamlining grid connection requests and communication
  • Physical transmission upgrades vs smart curtailment management strategies
  • How co-locating large energy consumers, such as data centers, can alleviate grid constraints

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Nerijus Virbickas

Green Genius


11:00

Morning Networking Break

Session 2

Volatility management & revenue stacking

11:45

Lessons from developed markets: how to make the most out of volatility spikes through smart trading

presentation

25 min.

Power prices are increasingly subject to extreme swings, creating both substantial risks and lucrative opportunities for asset owners. This presentation outlines advanced trading tactics designed to capitalize on market volatility while protecting baseline returns, drawing from international cases in mature markets with several GW of installed BESS capacity

  • How algorithmic and automated trading platforms respond to real-time price fluctuations
  • Mitigating the financial impact of negative pricing events through strategic asset dispatch
  • Flattening the duck curve by optimizing BESS charge and discharge cycles
  • How to make the most out of merchant tail

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12:10

The present & future of ancillary services & trading in the Baltics

presentation

20 min.

As the region solidifies its independence from the Russian grid, maintaining system frequency and stability has become a lucrative market for flexible assets. An expert analyst will map out the evolution of grid-balancing services and their commercial potential.

  • How FCR and aFRR demand is shaping
  • Is there room for more CfDs?
  • Long-term impact of Continental European synchronization on local reserve markets
  • Forecasting price curves and capacity requirements for ancillary services through 2030
  • Technological prerequisites for solar and storage assets to qualify for grid support programs

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12:30

Comparing risk-adjusted returns of asset optimization strategies: which ones work best?

panel

30 min.

Choosing the right route-to-market strategy is critical, as operators weigh the security of contracted revenues against the upside of merchant optimization. This debate pits various revenue stacking methodologies against one another to determine the most resilient operational model.

  • Profitability of strict tolling agreements vs active merchant trading portfolios
  • The true cost of asset degradation when aggressively participating in flexibility markets
  • What is the optimal mix of wholesale trading, ancillary services, and capacity mechanisms?

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Aistė Krasauskienė

Nord Pool

Edvardas Norkeliūnas

ICOR Group


13:00

Networking Lunch Break

Session 3

What it takes to finance utility-scale assets in 2027 in the Baltics

14:30

Reconciling sponsor leverage & cash distribution expectations with conservative lending

presentation

20 min.

A disconnect has emerged in the financing landscape, with project sponsors seeking high gearing while regional lenders mandate stricter equity commitments. This session explores pathways to structure debt that satisfies rigorous bank requirements without stalling development pipelines.

  • Lending sensitivities and risk appetites among major Baltic banks
  • Managing the friction between sponsors desiring ~70% gearing and more conservative terms actually offered
  • How sweeps impact cash distributions and which ones are demanded by banks

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Anastasia Gurnell

NORD/LB


14:50

Which route-to market and revenue structures bankers love

panel

30 min.

Securing affordable capital ultimately depends on presenting a revenue profile that lenders trust in an environment of shifting regulations. Financiers and IPPs will transparently discuss which offtake structures and merchant assumptions are currently winning investment committee approvals.

  • The acceptable balance between contracted cash flows and merchant revenue exposure
  • Bankability of emerging revenue streams
  • Assessing lender views on retrofitting existing PV assets with storage vs building greenfield hybrids
  • How banks stress-test projects against curtailment risks and negative price scenarios

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Bo Nordberg

Nordic Investment Bank (NIB)

Anneli Ivanov

SEB

Vytautas Žilys

Luminor Group


15:20

Afternoon Networking Break

Session 4

The Vision after 2030

16:00

Which technical pitfalls are asset owners missing out on in hybrid projects

presentation

20 min.

Combining distinct technologies behind a single connection point introduces complex operational challenges that can rapidly erode expected margins. This technical briefing highlights common engineering oversights in hybrid solar, wind, and storage development.

  • Complexities arising from sharing inverters and advanced EMS
  • Avoiding costly errors in degradation modeling and warranty management for co-located batteries
  • What you need to know about Baltic grid codes

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16:20

The future of the Baltic energy mix : from pure-play to hybridization

panel

35 min.

With pure-play solar projects struggling to secure strong economic returns, the industry is fundamentally restructuring its approach to new development. Industry leaders will project the long-term trajectory of the Baltic renewables sector as it embraces complex, multi-technology portfolios.

  • Long-term viability of standalone solar PV in an increasingly saturated market
  • Exploring the massive potential of integrating heavy consumers, like large data centers, directly into renewable hubs
  • Projecting the region's energy landscape as older assets are repowered and fully hybridized in the near future

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Aistis Radavičius

Renwise


16:55

Closing remarks

presentation

5 min.


17:00

Networking Drinks

Got questions?

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Helen Tarlap
Junior Event Manager

For practical questions regarding our activities:

[email protected]

Nicola Kopij Zanin
Freelance Project Manager

For questions about the program and content of the event:

[email protected]

Ward Schuuring
Business Development Team Lead

For questions regarding partnership opportunities:

[email protected]