How a global battery storage specialist stays on top of five markets with Modo Energy

Daily benchmarking across five markets

Every morning, Gore Street's commercial team opens the Modo Energy Terminal. Each analyst has bookmarked the indices most relevant to their markets and checks how Gore Street's sites performed relative to the wider fleet.

"We come into work and want to check the performance of our sites every day," said Priya. "We've all bookmarked the indices we're most interested in — we want to see what batteries achieved and benchmark ourselves against that."

Gore Street runs its own in-house optimization and algorithmic trading in GB and ERCOT — a rare capability among battery fund managers. An independent benchmark is critical.

Gore Street runs its own in-house optimization and algorithmic trading in GB and ERCOT — a rare capability among battery fund managers. An independent benchmark is critical.

Without the Terminal, the alternative is fragmented — logging into individual optimizer platforms, navigating grid operator websites, and searching for competitor data across energy news sites.

Research that sharpens internal analysis

Gore Street does substantial in-house research — analysing historical revenues, tracking price peaks, and forming views on where each market is heading. Modo Energy's research serves as both validation and a source of new insight.

"We either agree with Modo Energy, or we challenge their opinion," said Priya. "If we disagree, we ask — why? What data are they using? If we agree, we ask the same questions. Both are valuable."

When Modo Energy published analysis showing that ERCOT's West Hub achieves better price spreads — a finding aligned with Gore Street's own data — the team could cite it with confidence. When Modo Energy published data on declining interconnector applications in ERCOT in late 2025, it prompted the team to reconsider assumptions about battery demand in Texas.

"That interconnector data shaped our long-term view," said Priya. "Seeing Modo Energy's analysis made me think — maybe there's a downward trend in the build-out case for Texas."

"Even when we do our own research, it tends to point us back towards Modo Energy," said Alan. "We know we can go there and see professionals who know what they're talking about, explaining a situation clearly."

An independent source that stakeholders trust

Gore Street uses Modo Energy's data not just internally, but in conversations with optimizers, at industry conferences, and in board-level reporting. Modo Energy's independence — no affiliation with any optimizer, developer, or fund — gives its data a credibility that internal analysis alone cannot match.

"Modo Energy is one of those names that everyone knows," said Priya. "You can talk to someone at a conference and say — this is what Modo Energy published. What do you think?"

"An independent view of market performance is essential," said Alan. "We run our own trading, and I need to show our investors that we're getting the most out of our assets."

Accelerating new market entry

As Gore Street expands into European markets through its GSE fund, Modo Energy is directly supporting due diligence. The Modo Energy team has visited Gore Street's offices to present on markets including Italy, France, and Germany.

"Five of the Modo Energy team came in and presented on Italy, France, Germany," said Priya. "That directly supports our new market research."

A Modo Energy article on Spanish battery storage optimizers gave Gore Street a shortlist of potential partners — saving significant time on manual research.

"Modo Energy published an article on Spanish BESS optimizers, and we reached out to all of them," said Priya. "It would have taken much longer to find them otherwise."