Join the Modo Terminal today by signing up for a free account and unlock access to exclusive content that will enhance your market understanding!Sign up for free

Q1 2026 Australia Workshops: Five key takeaways for BESS

Battery energy storage has reached mainstream status in the NEM, with 5 GW and 11 GWh of operational capacity at the end of 2025. This step-change, up from 2 GW a year prior, is already driving changes in market pricing dynamics. And importantly, this...

Constraints in Great Britain: Scottish wind curtailment and what it means for BESS

Research and Analysis

18 hours ago

Constraints in Great Britain: Scottish wind curtailment and what it means for BESS

Transmission constraint costs hit £1.9 billion in 2024/25, now 71% of GB's balancing bill. Scotland is the bottleneck, with B4 and B6 constrained over a third of the time. For batteries, Scottish curtailment creates 3-5 years of strong Balancing Mechanism income before post-2030 upgrades reshape the business case.

Italy's Capacity Market: Terna’s Proposal Shifts Advantage from Batteries to Gas

Market updates

1 day ago

Italy's Capacity Market: Terna’s Proposal Shifts Advantage from Batteries to Gas

Italy’s proposed capacity market will reduce the qualified capacity of a 4-hour battery from 67% to 53%, placing Italian BESS below Great Britain and Belgium in European rankings.

February 2026 NEM battery revenues fell to $54k/MW/year, the lowest level in two years

Revenue Benchmark

1 day ago

February 2026 NEM battery revenues fell to $54k/MW/year, the lowest level in two years

Grid-scale battery revenues in the NEM fell to $54k/MW/year in February 2026, the lowest level in two years. Energy spreads narrowed, FCAS prices declined and negative price intervals dropped across mainland states.

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).

DUoS rates: download the charges for high voltage assets

DUoS rates: download the charges for high voltage assets

Q1 2026 Australia Workshops: Five key takeaways for BESS

Constraints in Great Britain: Scottish wind curtailment and what it means for BESS

Italy's Capacity Market: Terna’s Proposal Shifts Advantage from Batteries to Gas

​February 2026 NEM battery revenues fell to $54k/MW/year, the lowest level in two years

Products:

Recurring Workflows:

Solutions:

By Team:

Resources:

Company:

February 2026 NEM battery revenues fell to $54k/MW/year, the lowest level in two years