We’re pleased to announce the release of the Denmark 2025 price forecasts for DK1 and DK2, capturing the evolving dynamics of one of Europe’s most interconnected and flexible power markets.

Key Changes in Assumptions

• Updated electricity mix assumptions with higher demand projections, reflecting increased electrification and industrial activity.
• Reduced solar PV build-out compared to previous editions, in line with recent market trends and project delays.
• Continued strong growth in onshore and offshore wind capacity, supporting Denmark’s leading position in renewable generation.

Main Changes in Methodology

• Integration of mFRR energy market revenues, following the market opening on 4 March, for a more complete representation of balancing opportunities.
• Refined Intraday and Day-ahead revenue models to better capture volatility, spreads, and the value of short-term flexibility.
• Improved flexibility methodology incorporating hybrid assets.

Major Upgrades to the COSMOS Simulation Tool

• Support for asymmetrical prequalification in aFRR and mFRR services.
• Enhanced BESS dispatch optimisation with refined cycling and degradation modelling, delivering more accurate and bankable revenue projections.

For a concise overview, the attached slides summarise the price forecast methodology, COSMOS model upgrades, and the revenue stack for a 2-hour BESS in the Central scenario.

If you’re interested in detailed DK1 and DK2 forecasts or in developing bankable business models for your assets, get in touch to explore tailored insights and strategic opportunities across the Danish and Nordic markets.

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