Benchmark Report10 Jan 2025Executive SummaryERCOT battery energy storage revenues increased by 88% from September to October 2024, reaching $42/kW/year, driven by higher energy price spreads and increased arbitrage opportunities.Planned thermal generation outages averaged 17.3 G...
Operational Case Study19 Dec 2024Executive SummaryERCOT battery energy storage systems earned average annualized revenues of $22/kW in September 2024, marking the first month where the majority of revenues came from Energy arbitrage.Energy arbitrage participation surged as Ancillary S...
Benchmark Report10 Dec 2024Executive SummaryERCOT battery energy storage revenues decreased by 75% from August to September 2024 - making for the lowest monthly earnings of the year.For the first time, batteries earned the majority of their revenues from Energy arbitrage (58%) a...
Market Analysis03 Dec 2024Executive SummaryERCOT battery dispatch volumes increased by nearly 4x in summer 2024 compared to 2023, despite a more modest 63% increase in installed capacity.The shift to Energy arbitrage reduced average cycling rates, dropping from 0.74 cycles/day ...
