Transmission

Energy market design across the US varies from one Regional Transmission Operators (RTOs) or Independent System Operators (ISOs) to another. With each organization encompassing a distinct generation mix, the market design differs to optimize outcomes with their respective infrastructure and tools on hand. With the increase of storage and renewables growing, what changes in market design are we seeing and what policy shifts are in motion to support this going forward?In today’s episode, Quentin talks with Gary Cate, Director of Energy Market Analytics at Fluence USA. Over the conversation, Gary and Quentin cover:Key differences in market designs across RTO’s and ISO’s across the USAERCOT’s market design and its intended goals.How current market design supports battery energy storage.The key considerations for market designers with more renewables connecting to the grid.Policy Hot Topics for Battery Energy StorageAbout our guestFluence is on a mission to create a more sustainable future by transforming the way we power our world. Fluence brings proven energy storage products and services, and digital applications for renewables and storage to support the modernization of our energy networks. For more information on the services Fluence provides, check out their websiteAbout Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on market design, check out our written research.

Energy market design across the US varies from one Regional Transmission Operators (RTOs) or Independent System Operators (ISOs) to another. With each organization encompassing a distinct generation mix, the market design differs to optimize outcomes with their respective infrastructure and tools on hand. With the increase of storage and renewables growing, what changes in market design are we seeing and what policy shifts are in motion to support this going forward?In today’s episode, Quentin talks with Gary Cate, Director of Energy Market Analytics at Fluence USA. Over the conversation, Gary and Quentin cover:Key differences in market designs across RTO’s and ISO’s across the USAERCOT’s market design and its intended goals.How current market design supports battery energy storage.The key considerations for market designers with more renewables connecting to the grid.Policy Hot Topics for Battery Energy StorageAbout our guestFluence is on a mission to create a more sustainable future by transforming the way we power our world. Fluence brings proven energy storage products and services, and digital applications for renewables and storage to support the modernization of our energy networks. For more information on the services Fluence provides, check out their websiteAbout Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on market design, check out our written research.

Curious about the world of power trading? The sector has undergone significant changes over the years and is continuing to evolve as the generation stack transforms. This episode explores the shift from manual trades to data-driven strategies and examines how these changes have impacted the market. We explore the complexities and strategies involved in power trading, focusing on the role of renewable energy in today’s trading landscape.In this Modo Selects episode, we revisit an earlier conversation from January 2023, featuring Julie Arnold, Head of Power, Gas, and Emissions at Dare. Julie shares her extensive experience in the evolving energy markets, delving into the complexities of power trading.Over the conversation Quentin and Julie cover the following key points:An overview of power trading and its evolution over the past 20 years.The impact of interconnectors on the market.The role of data and information flow in power trading.The effects of Exchanges entering the market and how they have transformed the landscape.Julie’s insights on what makes a great power trader.About our guestDare are an energy tech company generating liquidity and value across global commodities markets. Combining deep trading expertise with proprietary technology, Dare are harnessing the power of data science to help the world reach a renewable future, faster. They plan to help renewable asset owners navigate the energy markets, secure superior returns, and create long-term investment plans for a more sustainable future. For more information visit their website.About Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on interconnection to the grid, check out our written research.

Curious about the world of power trading? The sector has undergone significant changes over the years and is continuing to evolve as the generation stack transforms. This episode explores the shift from manual trades to data-driven strategies and examines how these changes have impacted the market. We explore the complexities and strategies involved in power trading, focusing on the role of renewable energy in today’s trading landscape.In this Modo Selects episode, we revisit an earlier conversation from January 2023, featuring Julie Arnold, Head of Power, Gas, and Emissions at Dare. Julie shares her extensive experience in the evolving energy markets, delving into the complexities of power trading.Over the conversation Quentin and Julie cover the following key points:An overview of power trading and its evolution over the past 20 years.The impact of interconnectors on the market.The role of data and information flow in power trading.The effects of Exchanges entering the market and how they have transformed the landscape.Julie’s insights on what makes a great power trader.About our guestDare are an energy tech company generating liquidity and value across global commodities markets. Combining deep trading expertise with proprietary technology, Dare are harnessing the power of data science to help the world reach a renewable future, faster. They plan to help renewable asset owners navigate the energy markets, secure superior returns, and create long-term investment plans for a more sustainable future. For more information visit their website.About Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on interconnection to the grid, check out our written research.

Ever wondered how energy storage projects go from concept to reality? What do developers consider when planning interconnections to the grid? ERCOT's unique approach to interconnections is a game changer for energy storage projects, allowing faster and more flexible grid connections. But how does this compare to other ISOs across America, and what factors are crucial when considering interconnections?In this episode, Quentin is joined by Ramsey Ayass, Senior Vice President of Grid Strategy at SMT Energy, to discuss the intricacies of battery energy storage development in ERCOT and beyond. Over the course of the conversation, they explore: The process of securing grid interconnection for new storage projects in ERCOT.ERCOT's approach to grid interconnection compared with other markets like CAISO, MISO, and SPP.Key considerations when selecting a site and the importance of understanding grid conditions.The opportunities and challenges developers face when building Battery Energy Storage Systems (BESS) in ERCOT.The potential business case for BESS across U.S. markets as demand increases.About our guestFounded in 2019 SMT Energy has grown to encompass over 1.5 gigawatts of renewable energy projects. The company focuses on battery energy storage infrastructure in strategic high-value locations to generate resilient revenue in the fast-evolving clean energy landscape. For more information about SMT Energy, visit their website.About Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on LinkedIn or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.

Ramsey Ayass, SVP of Grid Strategy at SMT Energy, discusses ERCOT's unique interconnection process for BESS, contrasting it with other ISOs. Key topics include site selection, grid conditions, challenges faced by developers, and potential business cases for BESS across US markets.

The first six months of 2024 have seen lots of updates for battery energy storage. Despite buildout levels being lower than anticipated, the sector has experienced several impactful changes that have influenced both operations and revenue potential. In today’s episode, we explore the headlines and take a look at the factors driving these.Modo Energy’s Director of Data Science, Robyn Lucas, and Market Analyst, Shaniyaa Holness-McKenzie share a round-up of the first half of 2024. Over the course of the conversation, they discuss: The reasons behind delays in battery buildout and projections for the next quarter.Revenue trends from January to June and the driving factors behind these trends.New markets for Battery Energy Storage Systems (BESS), with a spotlight on Balancing Reserve.Significant market changes, including the Open Balancing Platform's bulk dispatch tool and the 30-minute rule's impact on increasing battery dispatch volumes.An overview of capacity market results and potential reforms.And much, much more.Mentioned in the episode.Analysis exploring the correlation between battery revenues and wind generation in Great Britain.Podcast: Tolling agreements and the wider market impacts with Ben Guest (Managing Director, New Energy & Fund Manager @ Gresham House Energy Storage Fund)Podcast: REMA review with Wendel Hortop and Robyn Lucas (Modo Energy)About Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.

The first six months of 2024 have seen lots of updates for battery energy storage. Despite buildout levels being lower than anticipated, the sector has experienced several impactful changes that have influenced both operations and revenue potential. In today’s episode, we explore the headlines and take a look at the factors driving these.Modo Energy’s Director of Data Science, Robyn Lucas, and Market Analyst, Shaniyaa Holness-McKenzie share a round-up of the first half of 2024. Over the course of the conversation, they discuss: The reasons behind delays in battery buildout and projections for the next quarter.Revenue trends from January to June and the driving factors behind these trends.New markets for Battery Energy Storage Systems (BESS), with a spotlight on Balancing Reserve.Significant market changes, including the Open Balancing Platform's bulk dispatch tool and the 30-minute rule's impact on increasing battery dispatch volumes.An overview of capacity market results and potential reforms.And much, much more.Mentioned in the episode.Analysis exploring the correlation between battery revenues and wind generation in Great Britain.Podcast: Tolling agreements and the wider market impacts with Ben Guest (Managing Director, New Energy & Fund Manager @ Gresham House Energy Storage Fund)Podcast: REMA review with Wendel Hortop and Robyn Lucas (Modo Energy)About Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.

Ben Guest, Managing Director of New Energy & Fund Manager at Gresham House Energy Storage Fund, discusses the groundbreaking tolling agreement with Octopus Energy. They cover the deal specifics, market impacts, operational strategies, and future outlook for Gresham House. The conversation delves into the evolving role of batteries in the energy market and the challenges and opportunities in the battery storage sector.

The recent announcement of Gresham House Energy Storage Fund's tolling agreement with Octopus Energy represents a significant milestone in the battery storage industry. This agreement, which offers a fixed price for battery usage over two years, is poised to reshape the market. Ben Guest, Managing Director of New Energy & Fund Manager at Gresham House Energy Storage Fund, joins Quentin in today's episode to delve into this groundbreaking deal.Their conversation explores the rationale behind the agreement, examining both the technical and financial aspects, as well as its broader implications for the energy market and the evolving role of batteries within it.This tolling agreement involves approximately half of Gresham House's BESS portfolio in partnership with the UK's largest energy supplier, Octopus Energy. During their conversation, Quentin and Ben cover:The specifics of the landmark tolling agreement with Octopus Energy.The impact on the market, including changes in the business case for batteries.The anticipated changes in Gresham House's operational strategies.Ben's insights on the current state of the market.The future outlook for Gresham House Energy Storage Fund.About our guestGresham House is a specialist alternative asset manager, offering funds, direct investments and tailored opportunities to a wide range of investors. Dedicated to sustainable investments with expertise in forestry, sustainable infrastructure, natural capital, renewable energy and battery storage, affordable housing and public and private equity. For more information, head to their site.About Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.