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

06 August 2024

ERCOT: What did battery energy storage revenues look like in 2023?

Written by:

Brandt Vermillion

ERCOT: What did battery energy storage revenues look like in 2023?

In 2023, battery energy storage systems in ERCOT earned an average of $196k/MW across the year. This was 33% higher than in 2022.

Get full access to Modo Energy Research

Already a subscriber?

Log in

Related articles

What NYISO’s December capacity auction signals for batteries in 2025-2026

Market Analysis

6 hours ago

What will NYISO's December capacity auction mean for battery revenues in 2025-2026? A clear guide to demand curves and New York capacity markets.

France Battery Buildout Report: Capacity closing in on 1.5 GW

Market Analysis

11 hours ago

From early 2026, France is entering a new phase of battery deployment. Installed capacity is closing in on 1.5 GW. Growth is driven by large utility-scale assets and rapidly expanding layer of distributed projects. Buildout is still slower than in solar-heavy Germany. But momentum is clear as durations rise and new developers enter the market.

Should you co-locate a battery in Germany - and which model adds the most value?

12 hours ago

With solar capture rates dwindling and batteries stuck in the grid queue, co-location seems the obvious solution. But which models add the most value - and which ones actually get built?

Minimum system load is reshaping how BESS operate in the NEM

3 days ago

Minimum System Load is becoming an operational challenge for AEMO as the grid shifts toward high levels of renewable generation. When the system leans too heavily on inverter-based resources, it becomes more exposed to voltage and frequency disturbances.

Copyright© 2025 Modo Energy. All rights reserved