Revenue Benchmark27 Jan 2026In December 2025, PJM batteries had the potential to earn up to $28/kW-month. Higher fuel costs, still-elevated Regulation prices, and record capacity clearing prices drove opportunity.
Revenue Benchmark16 Dec 2025Modo Energy’s first PJM battery benchmark report shows stronger revenue opportunities in November 2025 than last year. Read to learn how much operating batteries earned, where spreads widened, how batteries under development stack up, and what drove price volatility.
Research and Analysis07 Nov 2025The first phase of PJM’s Regulation market overhaul went live in October 2025, bringing short-term upside as prices surged and volatility picked up - but long-term returns will depend on how quickly the market adapts.
Research and Analysis22 Oct 2025Modo Energy’s 2025 Q3 PJM Livestream explored key trends in the battery energy storage market, covering buildout and revenue opportunities across capacity, energy, and ancillary markets. Read the key takeaways here.