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[Music] hello and a very warm welcome to everyone joining us for todays energy stories news webinar which we are delighted to bring to you with energy storage experts clean horizon in todays session we are almost literally looking over the horizon at a coming opportunity for energy storage to increase its role in europes clean energy transition and in doing so add a new dimension to the revenues that energy storage assets can earn through providing a vital service to the electricity network were talking about automatic frequency restoration reserve or afr which is a cross-european platform for exchanging balancing energy that will be one of the main ways that the correct operating frequency of the grid is maintained this will be particularly important to keep the lights on across the continent as higher shares of variable renewable energy sources like solar and wind are introduced into the energy mix as i mentioned earlier it is also likely to be an important source of revenues for