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ME TB2 CAISO DA (Hourly)

31,367+14.5%

ENERGY STORAGE SOLAR CO-LOCATION COMMERCIAL & INDUSTRIAL DATA CENTRES WIND

Energy Storage News & Analytics

Market Outlook

21 hours ago

ERCOT Market Outlook Report - Q4 2025

ERCOT TB2 spreads peak above $110k/MW-year in 2028 before halving. Modo Energy's Q4 2025 outlook on demand, capacity, generation, prices, and BESS revenues.

Revenue Benchmark 3 days ago

PJM in February 2026: Record revenues were driven by surging Regulation prices

Revenue Benchmark 3 days ago

NYISO in February 2026: Energy prices normalized after the storm, upstate Reference Prices remained elevated

Revenue Benchmark 3 days ago

ISO-NE February 2026 benchmark: did winter pricing lift BESS margins?

Revenue Benchmark 3 days ago

MISO February 2026 benchmark: did ancillary services close the revenue gap?

Revenue Benchmark 4 days ago

ME BESS ERCOT February 2026: Lower spreads test battery strategies

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Revenue Benchmark

4 days ago

ME BESS ERCOT February 2026: Lower spreads test battery strategies

ERCOT battery revenues are forecast to average $1.08/kW-month in February 2026. December revenues settle at $1.70/kW-month in the first month of RTC+B.

Data centers define PJM's 2046 load forecast

Research and Analysis

27 Feb 2026

Data centers define PJM's 2046 load forecast

PJM's summer peak demand rises 58% to 253 GW by 2046. DOM, AEP, COMED, and PL have the largest data center pipelines, accounting for 74% of PJM's total annual demand growth.

MISO Ancillary Services: A beginner’s guide

Explainers

27 Feb 2026

MISO Ancillary Services: A beginner’s guide

MISO operates five ancillary service products, but only regulation generates meaningful BESS revenue. DA prices rose from $11/MWh to $28/MWh.

Battery Buildout

24 Feb 2026

Where to build a BESS in MISO?

784 MW of BESS operates in MISO while 49 GW queues. State mandates and utility IRPs target 7,730 MW by 2030. Five states, five risk profiles.

Modo Energy Presents: Why building renewables in New York is so hard

Explainers

19 Feb 2026

Modo Energy Presents: Why building renewables in New York is so hard

Modo Energy Presents is a new documentary series about the business of energy - and the mechanics of power markets. And our first episode goes to New York.

The Weekly Dispatch

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Weekly Dispatch - North America Edition preview

Research and Analysis

2026 Capex: How much does it cost to build a battery in Australia?

Capex remains pivotal to the investability of grid-scale batteries in Australia. More than 16.5 GW of projects have passed final investment decision across the NEM and WEM since the commissioning of the first large-scale battery in 2017. At that scale,...

19 Feb 2026

Research and Analysis

New York's 2050 electricity demand forecast: three drivers reshaping the grid

NYISO projects demand rising 55.8% to 238 TWh by 2050. Winter peaks overtake summer around 2039, creating a second BESS earning season.

17 Feb 2026

Market Outlook

CAISO Forecast release: Californian power prices in 2050

As prices in CAISO rise with load growth, batteries and renewables, replacing natural gas, are projected to help lower spreads.

16 Feb 2026

Financing Updates

U.S. BESS Financing Report - Q4 2025

12 deals, 2.7 GW, $1.9 billion: Q4 2025 saw every US BESS transaction exceed 100 MW. European banks dominate lending, and capital diversifies beyond ERCOT into ISO-NE.

12 Feb 2026

Industry news

Energy Storage News 3 hours ago

Argentina launches 700MW/2,800MWh BESS tender

Energy Storage News 4 hours ago

Base Power launches 100MW VPP programme in Texas

Energy Storage News 4 hours ago

IPP Econergy’s head of energy storage talks pipeline, financing, Germany, procurement and pricing

Energy Storage News 4 hours ago

Long-duration tech still outcompeted by lithium, trade group advocates for ‘valuing diversity’

Current News 5 hours ago

Tesla opens first semi charger near Los Angeles

Current News 5 hours ago

Commercial battery cell production scales at Canada plant after Stellantis departure

The Energyst 5 hours ago

Webinar: From cost to profit – integrating battery storage with site operations

Current News 6 hours ago

Altilium, Imperial work on EV battery anode materials recycling

The Energyst 6 hours ago

BYD reveals second generation blade battery – recharge an EV from 10% to 97% in nine minutes

Transmission: The Podcast

Podcast: Managing BESS market risk in Germany with Martin Daronnat

Podcasts

01 Aug 2025

Podcast: Managing BESS market risk in Germany with Martin Daronnat

Martin Daronnat (Engie) joins Quentin to explore the market mechanisms, strategies, and contract structures driving Germany’s battery storage boom.

Podcast: Behind the scenes of BESS integration with Zach Vosburg

Podcasts

13 May 2025

Podcast: Behind the scenes of BESS integration with Zach Vosburg

Behind every battery system that comes online is a hidden world of engineering, integration, and performance management. Zach Vosburg shares the details.

Podcast: Insuring battery energy storage with Michael Bogdan

Podcasts

09 May 2025

Podcast: Insuring battery energy storage with Michael Bogdan

From fire events like Moss Landing to the evolving role of insurance across development, the way insurers are underwriting storage is changing fast.

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About Modo Energy

Product Announcement

08 Jan 2026

AI Analyst is now live in the Terminal

Introducing the Modo Energy AI Analyst, the first AI built specifically for energy transition decisions, powered by Modo Energy’s global research library and datasets.

Product Announcement

02 Dec 2025

Modo Energy raises $30m Series B

11 Jun 2025

Australia: Benchmarking optimiser performance in the NEM (methodology)

Modo Energy (Benchmarking) Ltd. is registered in England and Wales and is authorised and regulated by the Financial Conduct Authority (Firm number 1042606) under Article 34 of the Regulation (EU) 2016/1011/EU) – Benchmarks Regulation (UK BMR).

Energy Storage News & Analytics

ERCOT Market Outlook Report - Q4 2025

ME BESS ERCOT February 2026: Lower spreads test battery strategies

Data centers define PJM's 2046 load forecast

MISO Ancillary Services: A beginner’s guide

Where to build a BESS in MISO?

Modo Energy Presents: Why building renewables in New York is so hard

The Weekly Dispatch

​2026 Capex: How much does it cost to build a battery in Australia?

New York's 2050 electricity demand forecast: three drivers reshaping the grid

CAISO Forecast release: Californian power prices in 2050

U.S. BESS Financing Report - Q4 2025

Industry news

Transmission: The Podcast

Podcast: Managing BESS market risk in Germany with Martin Daronnat

Podcast: Behind the scenes of BESS integration with Zach Vosburg

Podcast: Insuring battery energy storage with Michael Bogdan

Enabling decisions backed by data

About Modo Energy

AI Analyst is now live in the Terminal

Modo Energy raises $30m Series B

Australia: Benchmarking optimiser performance in the NEM (methodology)

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2026 Capex: How much does it cost to build a battery in Australia?