After building an asset and connecting it to the grid - the next step is to enter the markets in order to earn revenue. Optimising the actions of a battery asset is vital in order to make an asset profitable. An optimiser is there to get the most out of a battery.
In today's episode, guest host Robyn Lucas is in the studio with Chris McLeod - Head of Trading at Habitat Energy. Over the course of the conversation, they discuss:
- An overview of the main markets in which batteries commonly participate.
- How to decide what markets to enter an asset in and when?
- The rationale for choosing between whether to enter into the Balancing Mechanism or not.
- How the markets have changed over the last 10 years.
- What success might look like in the future for batteries.
Listen on Spotify
Listen on Apple Podcasts
About our guest
Operating across UK, USA and Australia, Habitat Energy’s mission is to get the best possible return on your investment, whether that’s a single battery, co-located renewable generation or a whole portfolio of assets across multiple locations.
To find out more about what they do - head to their site.
About Modo
Modo Energy is the all-in-one platform for battery energy storage analysts.Through an integrated mix of price forecasts, revenue benchmarking, in-depth research, real-time market screens, and downloadable data - you can finance, build, and operate the energy system of the future. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain.
To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualization, live events, and more, follow us on LinkedIn.
If you want to peek behind the curtain for a glimpse of our day-to-day life in the Modo office(s), check us out on Instagram.