Battery energy storage revenues in ERCOT are up 56% from this time last year. Between January 1st and May 10th 2024, battery revenues averaged over $26,000/MW.

On Thursday May 30th, Modo Energy will launch its ERCOT Battery Benchmark “nowcast” - as part of our Benchmarking Pro ERCOT products. Subscribers will be able to stay up to date with the latest estimated battery energy storage revenues.

Chris Gillett (Data Scientist) walks you through evolving battery revenues.

This 56% year-on-year increase in revenues is a clear indicator of the increasing volatility and opportunity in Texas's energy market.

The top six battery energy storage revenue days of 2024 are higher than any day of revenue during the same period last year.
The bottom 41 revenue days of 2024 are lower than any day of revenue during the same period last year.

Basically, BESS revenues are trending lower on most days - but with more frequent spikes than at this time last year.

ERCOT Quick Take: Battery energy storage revenues up 56% from 2023

Sign up for free to read the full article

Ko - the AI analyst for energy professionals

Get answers to your most pressing business-critical questions, across battery revenues, trading strategies, policy outlooks and more.

Regulated benchmarks

The only FCA and IOSCO-authorised performance benchmarks for battery and solar assets - used by leading asset managers globally.

Bankable forecasts

Investment-grade revenue models with transparent methodology - high, central, and low curves to de-risk every business case.

Sign up for free

Trusted by 25,000+ energy professionals • Already a subscriber? Log in

GB BESS revenues fall to £69k/MW/year in April 2026

GB BESS revenues fell 6% to £69k/MW/year in April 2026 as Balancing Mechanism revenues normalised, while record solar drove prices to -£79/MWh.

4 days ago

April 2026 GB Solar Forecast update: Accelerated buildout, lower capture rates

Forecast Updates

5 min

April 2026 GB Solar Forecast update: Accelerated buildout, lower capture rates

GB solar is building faster than the January forecast. But more capacity means more cannibalisation — capture rates fall from 85% in 2026 to 58% by 2035, around 16% below our January release. For an AR6 site commissioning in 2028, that translates to revenues falling from £59k/MWp in year one to £42k/MWp by the end of the CfD term.

4 days ago

1 min

Ko MCP

Ko MCP is now live. Connect Modo Energy's regulated global indices and full research library to Claude, Cursor, or any MCP-compatible tool — and bring our data and analysis directly into the workflow you already use.Generate a TB Spread benchmarking r...

4 days ago

1 min

Forecast methodology in Ko

Ko now knows the methodology behind every Modo Energy forecast — the modelling decisions, assumptions, and judgement calls our power market experts make. Ask any question and get the reasoning behind every number, with citations, in seconds.Ask how th...

4 days ago

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).