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Research

The State of BESS in ERCOT: Five Key Takeaways through H1 2025
Market & Policy Updates

06 Aug 2025

ERCOT is experiencing one of the fastest deployments of battery energy storage anywhere. But what does that mean for revenues and long-term opportunity?
ERCOT: Annual battery energy storage revenue report 2024
Benchmark Report

19 Mar 2025

Executive Summary: Battery energy storage revenues decreased by over 70% in 2024.Commercially operational battery energy storage capacity doubled for the third year in a row.19% of batteries earned revenues that were higher than the average top-and-bot...
ERCOT: A guide to Real-Time Co-Optimization
Policy Update

07 Feb 2025

Executive SummaryReal-Time Co-Optimization (RTC) could have reduced ERCOT system costs by nearly $6.5 billion between June 2023 and May 2024—a 19% saving.Under RTC, Energy and Ancillary Service awards will be made every five minutes in Real-Time, rathe...
ERCOT: Fourteen new BESS commissioned in October and November
Buildout Report

16 Dec 2024

Executive SummaryFourteen new battery energy storage systems (BESS) began commercial operations in ERCOT across October and November, adding over 1 GW of rated power.ENGIE led capacity additions, while new entrants like UBS Asset Management and Cypress...

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