Benchmark Report7 hours agoMerchant revenues for CAISO’s batteries averaged $1.95/kW-month in November 2025. That’s the lowest value of the Modo Energy BESS CAISO index on record. The next-lowest index reading is $2.26/kW-month, seen last December.Average revenues fell $1.37/kW ...
Benchmark Report06 Nov 2025​Grid-scale batteries in California earned $2.99/kW-month in merchant revenues during the month of October 2025.That’s $0.44/kW-month higher (+17%) than September 2025. This marks the third consecutive month of growth.​However, fleet-wide merchant reve...
Explainers31 Oct 2025BESS profit off of volatility, but volatile prices can bite both ways. CRRs and FTRs can protect your battery from downside risk.
Market updates20 Oct 2025Modo Energy hosted its CAISO Livestream for 2025 Q3, where we explored the battery energy storage market in California. Read the key takeaways here.
