Terminal Updates01 Apr 2025Modo Energy’s battery energy storage indices provide transparency over BESS revenue performance across major markets globally, including the NEM in Australia. These indices help owners, operators and financiers track revenue trends, benchmark asset and...
Explainers24 Mar 2025Virtual tolls for battery energy storage have been on the rise in the NEM, with the first contracts going live at the end of 2024. This is part of a wider trend of a shift towards financially-based offtake agreements, instead of traditional physical to...
Market Analysis20 Mar 2025The Energy Storage Summit Australia took place on 18th and 19th March 2025 in Sydney. On day one, Modo Energy’s Country Director Wendel discussed the key trends for battery energy storage in Australia’s National Electricity Market (NEM). This article s...
Market updates03 Mar 2025LTESA Tender Round 5 results for long-duration energy storage were announced last week. It secured over 1 GW of new power capacity from energy storage with durations of eight hours or longer. This was across three different projects, including a new pu...