• 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
12 January 2024

ERCOT: how much money did battery energy storage make in H1 2023?

Written by:
Neil Weaver

ERCOT: how much money did battery energy storage make in H1 2023?

In the past few years, Texas has become one of the biggest battery energy storage markets in the world. But how much money are battery energy storage systems in ERCOT actually making?

Get full access to Modo Energy Research

Already a subscriber?

Log in

Related articles
MACSE penalties: Swapping merchant exposure for execution risk
Research and Analysis

Just now

MACSE degradation penalties can exceed contracted revenues, with financial exposure amplified by penalty rates exceeding clearing prices.
German BESS investment outlook: Market fundamentals
Market Outlook

4 hours ago

4-hour battery systems deliver 13.7% IRR in Germany, outperforming 2-hour configurations. What market forces are driving that shift?
German Grid Fees: What Financing-Based Charges Mean for BESS Returns
Policy Update

5 hours ago

The uncertainty about how grid fees could impact the battery business case after 2029 is shaking investors. The regulator has put forward some first indications of how this regime might look - but a proposal to end the grid fee exemption early has resulted in renewed uncertainty for new investments, given the fact that grid fees could kill the business case for some constrained batteries.
Carbon benefit of batteries in GB: £40mn of emissions offset in 2025
Research and Analysis

1 day ago

Britain's battery fleet saved 824,000 tonnes of CO₂ in 2025, 43% more than in 2024. At a UK ETS carbon price of £49/t batteries offset £40mn in emissions.
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© 2026 Modo Energy. All rights reserved