• 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
28 July 2023

Quick Take: Balancing Mechanism battery skip rate is 91%

Written by:
Shaniyaa Holness-Mckenzie

Quick Take: Balancing Mechanism battery skip rate is 91%

National Grid ESO is required to keep the lights on - at the least cost to consumers. In the Balancing Mechanism, this means that the cheapest available action should always be taken first. When a more expensive action is taken, it means a Bid or Offer has been “skipped”.

Get full access to Modo Energy Research

Already a subscriber?

Log in

Related articles
Italy’s BESS Market: As fixed revenues take hold, can merchant still compete?
Market Analysis

2 hours ago

Italy's BESS market is being built on fixed revenues, merchant opportunities remain for well optimised and strategically located assets.
The State of Energy Storage in ERCOT: Four Key Takeaways
Market updates

1 day ago

Texas’ battery market is entering a new phase. Capacity deployment reached record highs last quarter despite low revenues to date in 2025. In this article, we present four key takeaways for investors on the current state of the ERCOT battery market.
NYISO’s Ancillary Services: A Beginner’s Guide
Ancillary Services

1 day ago

Ancillary Services support the stable operation of the electric grid. NYISO procures two types of Ancillary Services through wholesale markets.
The Investment Case for BESS in the NEM: Five key takeaways
Forecast Outlook

1 day ago

Battery energy storage buildout in the NEM is accelerating, but shifting volatility is changing the investment case for new projects. The right combination of merchant earnings alongside contracted revenue is crucial for maximising the returns and bankability of new BESS.
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