01 August 2025

Podcast: Managing BESS market risk in Germany with Martin Daronnat

Written by:
Modo Energy

Podcast: Managing BESS market risk in Germany with Martin Daronnat

Germany’s battery boom is charging ahead - without subsidies.

While many markets rely on government support to kickstart energy storage, Germany is doing things differently.

With over 500 GW of battery connection requests in the pipeline, it’s fast becoming one of Europe’s most competitive and dynamic storage markets.

​In this episode of Transmission, Martin Daronnat (Engie) joins Quentin to explore the market mechanisms, strategies, and contract structures driving Germany’s battery storage boom.

Highlights include:

  • How batteries in Germany stack revenue across energy and ancillary services.
  • The rise of fixed-price flexibility agreements to manage merchant risk.
  • The role of large industrial players, and why developers and buyers are both leaning in.
  • What other markets can learn from Germany’s risk appetite and regulatory design.


About our guest

Martin is Head of Flexibility and Structured Origination in Germany at Engie, the French multinational electric utility. He’s at the forefront of commercialising flexibility in one of Europe’s fastest-moving energy storage markets - structuring offtake agreements, managing risk, and unlocking new revenue models for grid-scale batteries.

With a background in power trading, corporate PPAs, and clean energy origination, Martin brings deep insight into how flexibility is becoming investable in real-world markets.


About Modo Energy

Modo Energy helps owners, operators, builders, and investors in battery storage understand the market - and make the most out of their assets.

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