The ME BESS GB index averaged £51k/MW across November to February, down 34% from last winter’s revenues of £76k/MW. February was particularly weak at an annualised rate of £41k/MW, the lowest monthly figure in two years. The explanation comes down to two things: where daily peak residual demand sat, and what gas prices did when it got there.

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What higher European gas prices mean for BESS revenues and investments

Gas prices jumped 50% in two days. Battery revenues are up - but the investment case for new projects just got harder.

ME BESS GB: Revenues fall to £41k/MW/year in February 2026

Revenue Benchmark

1 hour ago

ME BESS GB: Revenues fall to £41k/MW/year in February 2026

Battery energy storage revenues in Great Britain reduced to £41k/MW/year in February, down 23% from £54k/MW/year in January.

Q1 2026 Australia Workshops: Five key takeaways for BESS

Market updates

13 hours ago

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

1 day 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.

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Residual demand shifting: why winter revenues were low in Great Britain

Residual demand shifting: why winter revenues were low in Great Britain

What higher European gas prices mean for BESS revenues and investments

​ME BESS GB: Revenues fall to £41k/MW/year in February 2026

Q1 2026 Australia Workshops: Five key takeaways for BESS

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

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ME BESS GB: Revenues fall to £41k/MW/year in February 2026