• The Modo Energy Terminal

    One platform to understand, value and benchmark energy asset globally.

  • Modo Energy Media

    Global news and insights on power markets, BESS, renewables and data centres.

Log inSign up
ENERGY STORAGESOLARCO-LOCATIONCOMMERCIAL & INDUSTRIALDATA CENTRESWIND
03 July 2023

The growth of non-BM battery storage: what’s NIV chasing got to do with it?

Written by:
Wendel Hortop

The growth of non-BM battery storage: what’s NIV chasing got to do with it?

Since the Summer of 2022, the number of non-Balancing Mechanism - or ‘non-BM’ - registered battery energy storage units has been increasing. This has ended a long trend of operational batteries switching to the Balancing Mechanism.

Get full access to Modo Energy Research

Already a subscriber?

Log in

Related articles
NEM Reform: A conversation with Tim Nelson
Market & Policy Updates

3 hours ago

Australia’s energy system is in transition - and so are its markets. At the end of 2024, a review of the NEM and its wholesale market settings was kicked off by a four-person panel led by Tim Nelson. The first recommendations of the now commonly known ...
Capacity Swap x Virtual Toll: A case study of offtake stacking in the NEM
Market Analysis

4 hours ago

​As developers push to de-risk projects and investors hunt for predictable returns, the BESS offtake market in the NEM is evolving fast. Ampyr’s recently announced offtake stacking for its Bulabul battery - pairing a Zen Energy virtual toll with a capa...
ME BESS ERCOT: Revenues to settle at $2.38/kW in November 2025
Benchmark Report

5 days ago

Revenues for battery energy storage in ERCOT are expected to settle at $2.38/kW in November 2025, a 13% year-over-year decrease.
ME BESS GB: Revenues fall to £59k/MW/year in November 2025
Benchmark Report

5 days ago

Battery energy storage revenues in Great Britain fell to £57k/MW/year in November, down from £77k/MW/year in October.
Modo Energy Logo
B certified logo
Better business act logo
One percent for the planet logo

Resources

  • All research
  • The Energy Academy
  • Transmission: The Podcast
  • Weekly Dispatch: Newsletter
  • Live Events
  • Careers
  • RSS

Legal

  • Website Terms of Service
  • Privacy Policy
  • Conflict of Interest Policy
  • Benchmark Complaints
  • Open Source Notice

Support

  • Help Centre
  • Schedule a call
  • Live chat
  • Status Page
  • Suggestions

Copyright© 2025 Modo Energy. All rights reserved