Licensed market agent | Aggregator | BRP | BSP

Route to system services in Portugal.

Everyone offers a route to market. Gesto Comercialização is one of the few independent BSPs registered with REN, which is what takes an asset past the day-ahead market and into capacity and energy in mFRR and aFRR. It represents the asset, carries balance responsibility, settles and pays.

Get in touch →What we do

Where the plant can sellfour markets

Day-ahead

Intraday

mFRR/aFRR capacity

mFRR/aFRR energy

System services, 2025€1,350 M

of day-ahead market value≈40%

Source: REN

Context

System costs are rising.

Balancing the grid costs more than three times what it cost in 2023. That bill reaches everyone — and it reaches those who do not participate at a higher price.

€1,350 M

System services
market, 2025
(€550 M in 2023)

+60 %

Balancing charges
per MWh consumed
(€7.99 → €13.01/MWh)

≈40 %

Relative to day-ahead
market value
(13 % in 2023)

It is not a threat. It is an opportunity — and, increasingly, a necessity.

The context in full →

Source: REN.

What we do

Four jobs, one point of contact.

Most assets are managed in the day-ahead market alone. The work lies in connecting the flexibility the asset already has to the markets that pay for it.

01 · Representation

The plant in every market

Registration, nomination and offers in each session. The same MWh is worth different prices depending on the market.

02 · Imbalances

Managing imbalance risk

Forecasting and schedule optimisation, quarter-hour by quarter-hour. The component almost no one measures.

03 · Control

Dispatch and remote control

Control centre, real-time telemetry and remote steering of the asset. It is the condition that makes everything else possible.

04 · System services

Qualification, reserve and energy

Qualification with REN and participation in mFRR and aFRR, with the result shared.

How we operate an asset →

CONNECTION · Gateway, RTU and telemetry installed by the group’s engineering arm; integrated with the existing SCADA.

ASSETS REPRESENTED · Solar and wind plants · Small-scale generation · Storage, standalone or co-located · Industrial consumption · EV charging networks

BSP as a Service

For those with their own decision capability who need qualification.

For optimizers and traders that have their own decision-making and need qualification in Portugal. On the same terms the group uses itself.

Wholesale market access (BSP as a service)

Connection to the system and the response to REN sit with us. Dispatch decisions and the client portfolio remain with the partner.

Balance perimeter and balance responsibility
BSP qualification and tests with the operator
Control centre, execution and records
Data segregation, in writing

By asset type

Five starting points.

Each one stands on its own. They are not rungs of a ladder: they are different segments and different clients, charged in different ways.

01 · up to 1 MW

Small scale

Guaranteed minimum revenue and imbalance management. Payment on deemed energy, measured on site.

Small scale

02 · 5 to 100 MW

Renewable plants

Access to day-ahead, intraday and capacity and energy in mFRR and aFRR, with result sharing.

Utility scale

03 · demand

Industry, mobility and telecoms

A fixed band: agreed cost with tolerance, and the site’s flexibility taken to mFRR.

Demand

04 · storage

Batteries

Arbitrage as the baseline and system services on top, with cycle cost inside the decision.

Storage

05 · third parties

BSP as a Service

Wholesale market access for optimizers, traders and utilities without their own licence in Portugal.

BSP as a Service

Who we are

Three areas of activity.

Gesto was founded in 2008 as an international energy consultancy. Market management is the most recent area.

Gesto Energia

Consultancy · Engineering · Development

Consultancy for governments and multilateral lenders, and project development. More than 50,000 MW across more than 40 countries; 2 GW of solar in Portugal.

Gesto Comercialização

Aggregator · BRP · BSP

The licensed agent in Portugal. It represents assets in the market and answers for balance, contracting, settlement and payment.

wattimize

Optimizer

The group’s optimisation company, specialised in intermittent assets — wind and solar.

The group →

Group clients and partners