VivoPower PLC (NASDAQ: VIVO) announced its 41.5 MW Mo i Rana data center in Northern Norway has prequalified 30 MW of capacity into Statnett SF's ancillary services markets. The company projects this participation will generate approximately $1.9 million in incremental annual EBITDA starting in fiscal year 2027.

The data center has been prequalified for two reserve markets administered by Statnett SF, Norway's transmission system operator. The facility enrolled 12 MW for FCR-D services, which provide sub-10-second automatic load reduction when grid frequency falls below 49.9 Hz, and 18 MW for mFRR Capacity Market services for upward regulation activated within 12.5 minutes.

The demand response program allows industrial electricity consumers to offer portions of their load to the Nordic power grid as flexible reserve capacity. Participants receive capacity payments for availability and additional payments when activated by the grid operator.

VivoPower states the $1.9 million annual EBITDA contribution requires no additional capital expenditure beyond controls and metering already in place. The revenue estimate is based on prevailing Nordic clearing prices, with approximately 80% from capacity-based payments and 20% from activation-based payments.

The Mo i Rana facility operates in Norway's NO4 bidding zone, where day-ahead power prices averaged approximately 10 øre per kilowatt-hour in 2025, significantly lower than the 50-77 øre per kilowatt-hour in southern Norway and continental Europe. The site uses 100% hydroelectric renewable energy.

"Mo i Rana is not just a powered site — it is a flexibility asset embedded in one of the most efficient electricity markets in the world," said Kevin Chin, Chief Executive Officer of VivoPower. The program complements the company's AI tenant operations without compromising service levels.

The facility is located within Mo Industripark, which has participated in Norwegian balancing markets for over two decades. VivoPower has a 40 MW expansion in development at the site.