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Research

ERCOT BESS Outlook Q2 2025: Battery Business Case and Investment Outlook
ERCOT BESS Outlook

01 Aug 2025

Modo Energy Q2 2025 Investment Outlook: ERCOT BESS IRRs, nodal revenues, cost sensitivities, and merchant risk strategies shaping battery investments.
ERCOT & CAISO BESS: The evolving revenue stack - June 2025
Benchmark Report

11 Jul 2025

In June 2025, batteries in ERCOT are projected to have earned an average of $3.01/kW - surpassing CAISO’s average of $2.73/kW
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