The global electricity market is expected to at least double by 2025, according to the IEA. At the same time the need for energy security and long duration energy storage is growing rapidly.
Based on our solid IP portfolio, FPP work as an integrator. This is an assets light business model that can rapidly be scale.
Electricity is not just electricity. As electricity markets increasingly experience curtailment and negative prices, when and where electricity it available is more and more crucial.
FPP focus solely on market segments not connected to a large grid, where demand coverage is essential. This is a large yet high margin market – not relying on subsidies or tariffs.
Carsten Sonne-Schmidt, Vice-chair