Cycling rates have a big impact on battery degradation and are a critical component of warranty limitations, so why have operators and owners decided to cycle their assets more than ever before in 2023?

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

PJM Regulation prices hit a record $194/MWh in February 2026, driving potential revenues of $56/kW-month for a 1 MW, 4-hour battery.

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

Revenue Benchmark

3 hours ago

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

February wholesale prices fell from over $200/MWh to below $60/MWh as markets recovered from Winter Storm Fern, but upstate Reference Prices stayed near $90/MW-day.

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

Market updates

5 hours ago

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

Winter heating load and tight gas supply lifted ISO-NE day-ahead prices in February, widening tolling spreads across zones. Connecticut and Maine led zonal spread performance while ancillary service prices remained elevated relative to other Eastern Interconnection markets.

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

Market updates

5 hours ago

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

MISO BESS benchmark for February 2026 covering prices, top-bottom spreads, ancillary services, and revenue stacks across hubs

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