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Research

CAISO: Flexible Ramping Product is tailored to BESS, but opportunity is limited
Market Analysis

7 hours ago

CAISO’s net load can swing more than 20 GW in an hour. This extreme variability led to the development of the Flexible Ramping Product.
CAISO: Calm weather caps July 2025 revenues
Benchmark Report

15 Aug 2025

Merchant 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.
CAISO: Wholesale H1 2025 BESS revenues rise year-over-year
BESS Revenues

31 Jul 2025

Grid-scale batteries in CAISO earned $4.05/kW-month in the first half of 2025. This represents a decrease of 7.7% from the same period last year.
CAISO Buildout: 2 GW of new BESS in H1 2025
Battery Buildout

17 Jul 2025

CAISO continues to maintain its lead in total installed battery capacity in its market; two GW reached commercial operations in H1 2025.

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