Benchmark Report06 Oct 2025Merchant revenues for battery energy storage systems settled at $2.54/kW-month in September 2025, which represents a 45% decrease from September 2024.
Benchmark Report05 Sep 2025CAISO's grid-scale battery revenues in August 2025 came in at $2.5/kW-month, 7% higher than July. Year-on-year, that represents a 40% decrease.
Market Analysis27 Aug 2025CAISO’s net load can swing more than 20 GW in an hour. This extreme variability led to the development of the Flexible Ramping Product.
Benchmark Report15 Aug 2025Merchant battery energy storage revenues in CAISO landed at an average of $2.33/kW-month for July 2025. This represents a decrease of 64.8% from July 2024.