Brandt Vermillion, ERCOT Market Lead at Modo Energy, discusses the differences between ISO and RTO, constraints faced by the system, Storm Uri impact, battery buildout, and future challenges. Modo Energy provides insights for new energy assets, focusing on battery storage solutions in the market.

Brandt Vermillion, ERCOT Market Lead at Modo Energy, shares vital insights into Texas's energy landscape. He discusses the staggering drop in battery revenues from 2023 to 2024, influenced by increased competition and a boom in solar energy. The conversation highlights the significance of summer months historically, the innovative DART trading strategy for enhanced revenue, and the complexities of revenue volatility amidst changing market dynamics. Brandt sheds light on the evolving relationship between energy storage and ancillary services, making for a compelling listen.

Brandt Vermillion, ERCOT Market Lead at Modo Energy, dives into the dynamic landscape of battery energy storage in Texas. He reveals that ERCOT's storage capacity has surged past 4GW and is projected to hit 10GW by the end of 2024. The conversation covers peak demand trends, the impact of renewables, and how batteries are optimizing market participation. Brandt also highlights the differences in volatility between ERCOT and Great Britain, offering insights into strategies employed by major industry players as they navigate this rapidly evolving market.