REVENUE CALCULATIONS
500+ MW of project-financed merchant BESS, backed by our revenue calculations.
Our revenue simulations combine real wholesale and ancillary market data, the assets technical parameters, and the same forecasting and optimization logic we use in live trading. Our calculations are built to support financing, investment, and sales decisions, not just to estimate a number.
Revenue calculations used by





















+50
Analyses completed for asset owners,
developers, investors, and banks.
Analyses completed for asset owners, developers, investors, and banks.
What the simulation includes
Priced on real
market data
Built on actual historical wholesale and ancillary market prices, using market saturation and development assumptions for the years ahead.
Modeled on your asset’s
real technical parameters
Availability rate, round-trip efficiency, and cycle limits – set to your project’s actual specification, not generic defaults.
Grid connection limits
Import/export limits at the grid connection point, modeled as a hard constraint on the simulation.
Battery degradation
Revenue is simulated against the assets expected capacity fade over its operating life, not a fixed, undegraded battery.
every relevant market, not just spot
Day-ahead, intraday, and the balancing/ancillary markets available to the asset – modeled together, the way the asset would actually be traded.
TRANSPARENT, AUDITABLE OUTPUT
A report showing expected revenue levels for the simulation duration, revenue split by markets, operational data and more.
Built by a company that trades these assets daily across multiple EU markets, not a modelling house
Our revenue simulations run on the same forecasting and optimization models behind our live trading operations.
Simulated VS Realized
While forecasts from consultancy houses have their benefits, they aren’t made by companies that trade these assets. Our revenue simulations are built with years of trading experience across multiple EU markets. That same experience has helped secure financing for more than 500 MW of project-financed merchant BESS.
Realized net revenue as a % of the original simulation, 2026 (annualized).
Source: Capalo AI, Realized Net Revenue Performance vs Simulation Results, July 2026
Realized net revenue as a % of the original simulation, 2026 (annualized).
Source: Capalo AI, Realized Net Revenue Performance vs Simulation Results, July 2026
Use cases

Project Financing
& Refinancing

Final Investment
Decisions (FID)

Sizing & Duration
Comparison (2h vs 4h)

Investor Discussion
& Asset Sales

Offtake
Structuring
Hybrid Revenue Calculations
Optimal sizing of the BESS
for existing Wind/PV asset
Realistic production
forecast
Sample reports, by market
Markets covered
Our simulations are battle-tested across every market we trade in, and available for any country where Capalo AI is active.
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Efstathios Sideris
Director, South-East Europe
efstathios.sideris@capaloai.com
+30 698 310 2627
Kaarle Vren
Business Development Manager
kaarle.vren@capaloai.com
+358 50 411 6705
Tommi Lehtihuhta
VP Sales
tommi.lehtihuhta@capaloai.com
+358 50 402 6946
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Dainius Velykis
Regional Manager, Baltic States
dainius.velykis@capaloai.com
+370 6140 0384
Tommi Lehtihuhta
VP Sales
tommi.lehtihuhta@capaloai.com
+358 50 402 6946
Active markets:
FFR | FCR-D | FCR-N | aFRR | mFRR | Intraday | Spot
Your contacts:
Markus Lyyra
Country Manager, Finland
markus.lyyra@capaloai.com
+358400210169
Riku Kukkonen
Co-Founder & Head of Customer Success
riku.kukkonen@capaloai.com
+358 44 546 9012
Tatu Virtanen
Key Account Manager
Matti Viitanen
Key Account Manager
matti.viitanen@capaloai.com
+358 44 237 9847
Tommi Lehtihuhta
VP Sales
tommi.lehtihuhta@capaloai.com
+358 50 402 6946
Lauri Leppä
Origination Manager
lauri.leppa@capaloai.com
+358 44 523 8904
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Efstathios Sideris
Director, South-East Europe
efstathios.sideris@capaloai.com
+30 698 310 2627
Axel Hyppönen
Originator
axel.hypponen@capaloai.com
+358 50 573 9702
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Dainius Velykis
Regional Manager, Baltic States
dainius.velykis@capaloai.com
+370 6140 0384
Tommi Lehtihuhta
VP Sales
tommi.lehtihuhta@capaloai.com
+358 50 402 6946
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Dainius Velykis
Regional Manager, Baltic States
dainius.velykis@capaloai.com
+370 6140 0384
Tommi Lehtihuhta
VP Sales
tommi.lehtihuhta@capaloai.com
+358 50 402 6946
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Michał Sobczyk
Country Manager, Poland
michal.sobczyk@capaloai.com
+ 48502488251
Felix Rahiala
Business Development Executive
felix.rahiala@capaloai.com
+358 50 472 3794
Liuba Andreeva
Head of Go-to-Market
liuba.andreeva@capaloai.com
Łukasz Chmielnicki
Chief Operating Officer
lukasz.chmielnicki@capaloai.com
Rafał Kawęcki
Technical Project Manager
rafal.kawecki@capaloai.com
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Agustín Seseña
Regional Manager, Iberia
agustin.sesena@capaloai.com
+34 699 621 479
Lauri Leppä
Origination Manager
lauri.leppa@capaloai.com
+358 44 523 8904
Matias Pesonen
Business Development Executive
matias.pesonen@capaloai.com
+358 44 995 5725
Active markets:
FCR | aFRR | mFRR | Intraday | Spot
Your contacts:
Joffroy Beckers
Country Manager, Romania
joffroy.beckers@capaloai.com
+359 89 580 6200
Leevi Seesjärvi
Business Development Executive
leevi.seesjarvi@capaloai.com
+358 50 917 1275
Tommi Lehtihuhta
VP Sales
tommi.lehtihuhta@capaloai.com
+358 50 402 6946
Active markets:
FCR* | aFRR | mFRR | Voltage control** | Technical restrictions | Intraday | Spot
* Mandatory ** Market under development
Your contacts:
Agustín Seseña
Regional Manager, Iberia
agustin.sesena@capaloai.com
+34 699 621 479
Lauri Leppä
Origination Manager
lauri.leppa@capaloai.com
+358 44 523 8904
Matias Pesonen
Business Development Executive
matias.pesonen@capaloai.com
+358 44 995 5725
Active markets:
FCR-D | FCR-N | mFRR | Intraday | Spot
Your contact:
Juho Nermes
Key Account Manager
juho.nermes@capaloai.com
+358 40 587 8682