< Return

Cooperation Agreement with Future Energy

Posted 2025-03-24

/

Reading time < 1 min.

/

Enerheads has signed a cooperation agreement with Future Energy, UAB to optimize a 56 MW stand-alone Battery Energy Storage System (BESS) in Raseiniai, Lithuania. The project is scheduled to begin operations in 2026.

The partnership combines Future Energy’s project development expertise with Enerheads’ optimization and trading capabilities. Once operational, the Raseiniai BESS will participate in balancing and energy markets, providing services such as frequency containment, reserve capacity, and intraday trading.

This agreement strengthens both companies’ positions in the growing Lithuanian energy storage sector and supports the region’s transition toward a more flexible and renewable-driven electricity system.

Stay up-to-date
with industry news

One of the most common questions about BESS is whether a battery can be used for both arbitrage and balancing services at the same time….

Read more

One of the most costly mistakes in BESS projects is choosing the cheapest equipment—often from lesser-known or financially unstable manufacturers. ⚠️ While it may seem…

Read more

Starting this July, an expanded baseline calculation methodology will come into effect, changing how balancing services are accounted for. This means more energy will be…

Read more

We’re proud to have UAB “Finnfoam” join our growing network. Operating in thermal insulation material manufacturing, the company continues its growth by unlocking new value…

Read more

One of the most common questions about BESS is whether a battery can be used for both arbitrage and balancing services at the same time….

Read more

One of the most costly mistakes in BESS projects is choosing the cheapest equipment—often from lesser-known or financially unstable manufacturers. ⚠️ While it may seem…

Read more

Book a DEMO

Witness the battery action in our DEMO. Monitor your battery and hybrid park assets via Enerheads platform. Stay informed about your business – get detailed trading reports and regular market insights from our trading and data science teams.

We'll never share your email with anyone else.