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Storage Revenue Index

Storage Revenue Index: what storage earns in Spain

How much real storage assets earn in Spain, market by market.

Key figures

Pure pumped hydro

120nominal k€/MW·yr

Last 12 complete months (Jul 2025 – Jun 2026) for the 7 pure pumped hydro plants participating in ancillary services (3,198 MW of turbine capacity), across all markets.

Standalone batteries

130nominal k€/MW·yr

Last 12 complete months (Jul 2025 – Jun 2026) for the 3 standalone batteries in a regulation zone (10.6 MW of discharge capacity), across all markets.

Monthly revenues

Storage fleet-wide revenues by month

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By asset

Every asset and market agent, one scale

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Hourly operation

The fleet, hour by hour

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Plant by plant

One week, asset by asset

Methodology

How it is calculated

Methodology · aFRR backcast

Despite not having full visibility over aFRR participation, estimating proportionally to regulation zone reservations provides a fair representation

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Methodology

From regulation zone capacity to an individual asset

    Hour by hour

    Granular backcast: hourly fleet-wide award against capacity distributed from the regulation zone

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      Methodology · fleets

      What each fleet includes

      Sources

      REE · ESIOS (I90, liquicomun, programming units) and OMIE (day-ahead, intraday auctions, continuous).

      Data

      From 1 Jan 2023 to 8 Jul 2026
      Recalculated monthly

      Asset-level operation is available in Energy Tracker™.

      Notice

      An estimate produced by Optimize Energy from published market data. It is not each participant’s settlement, and it is information, not investment, financial or trading advice.

      Legal notice · © Optimize Energy Management, S.L.