Transmission

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.

Last week we celebrated our 100th episode of the Transmission podcast, and to say thank you to our listeners we are giving away 100 exclusive 100th-episode anniversary t-shirts. Enter here for your chance to win!Ever wondered how a company goes from pioneering Demand Side Response to managing a global portfolio of distributed energy assets? Our latest podcast episode dives deep into GridBeyond's journey. Michael Phelan, GridBeyond’s Chief Executive & Co-Founder, shares his insights into the origins of GridBeyond to unlocking the powers of AI to optimize battery storage and maximise the impact of demand side response. Quentin is joined by Michael Phelan, Chief Executive and Co-Founder of GridBeyond. Over the course of the conversation, they discuss: The state of demand side response (DSR), its impact in balancing the grid and the differences between UK and ERCOT markets.GridBeyond’s market expansion and the challenges that come with it. A look into GridBeyonds portfolio and the types of assets they manage. The role of AI in the future of forecasting and storage optimization.Michael’s vision for GridBeyond’s future, building tools for large developers and utilities.About our guestGridBeyond aim to unlock the potential of energy assets, driving sustainability, resilience, and affordability towards a zero-carbon future. Their technology optimizes utility-scale renewable generation, battery storage, and industrial loads by intelligently dispatching flexibility into the right market at the right time. Enabling asset owners and energy consumers to unlock new revenues, enhance resilience, manage price volatility, and support the transition to net zero. For more information on GridBeyond - head to 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 on Demand Side Response, check out our written research.

Last week we celebrated our 100th episode of the Transmission podcast, and to say thank you to our listeners we are giving away 100 exclusive 100th-episode anniversary t-shirts. Enter here for your chance to win!Ever wondered how a company goes from pioneering Demand Side Response to managing a global portfolio of distributed energy assets? Our latest podcast episode dives deep into GridBeyond's journey. Michael Phelan, GridBeyond’s Chief Executive & Co-Founder, shares his insights into the origins of GridBeyond to unlocking the powers of AI to optimize battery storage and maximise the impact of demand side response. Quentin is joined by Michael Phelan, Chief Executive and Co-Founder of GridBeyond. Over the course of the conversation, they discuss: The state of demand side response (DSR), its impact in balancing the grid and the differences between UK and ERCOT markets.GridBeyond’s market expansion and the challenges that come with it. A look into GridBeyonds portfolio and the types of assets they manage. The role of AI in the future of forecasting and storage optimization.Michael’s vision for GridBeyond’s future, building tools for large developers and utilities.About our guestGridBeyond aim to unlock the potential of energy assets, driving sustainability, resilience, and affordability towards a zero-carbon future. Their technology optimizes utility-scale renewable generation, battery storage, and industrial loads by intelligently dispatching flexibility into the right market at the right time. Enabling asset owners and energy consumers to unlock new revenues, enhance resilience, manage price volatility, and support the transition to net zero. For more information on GridBeyond - head to 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 on Demand Side Response, check out our written research.

Harmony Energy's CEO Peter Kavanagh discusses scaling up projects, energy market complexities, fluctuating revenues, international expansion, and supplier diversification. The podcast reflects on Harmony Energy's journey, building Europe's largest battery, and strategic decisions for sustainable growth.

Today’s episode marks 100 episodes of the Transmission podcast! As a thank you for being part of the conversation around battery energy storage, energy markets and beyond - we are giving away 100 exclusive 100th-episode anniversary t-shirts! Enter here for your chance to win!In this very special episode we are going full circle. Quentin is talking to Harmony Energy CEO & Founder, Peter Kavanagh. Long time listeners might remember our first ever episode, where Quentin spoke with Paul Mason, Chief Investment Officer at Harmony Energy, about taking Harmony Energy Income Trust to IPO. One hundred episodes later we take a look at the rest of Harmony’s story, from the challenges and triumphs of scaling up projects, the complexities of the energy market, the impact of fluctuating revenues, and the strategic decisions behind diversifying suppliers and expanding internationally. Over the course of the conversation, Quentin and Peter discuss:The journey of Harmony Energy, from its founding days to becoming a major player in the energy storage market.Constructing the largest battery in Europe and a unique look at scaling projects.Peter’s insights into the current state of the energy storage market in Great Britain, the impact of fluctuating revenues, and the future outlook.Insight to Harmony Energy's strategy when moving into international markets.Harmony Energy’s approach to choosing key suppliers, and the importance of diversifying the supply chain.About our guestDriven by a vision of a greener future, Harmony Energy has evolved into a global operation of developing, owning and operating utility-scale battery energy storage, solar farms and wind assets across the globe. For more information on what Harmony does, head to 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.

With a general election on the horizon, the UK faces significant potential shifts in its approach to achieving net zero targets and build out of renewable energy and battery storage. The topic of net zero has become a key issue among political parties. Today, we explore the climate strategies of leading parties and how a change in government could change net-zero strategies. From the proposed 'Great British Energy' initiative to North Sea oil and gas licenses and the impact of global events like Russia's invasion of Ukraine on energy policy, this episode looks at the challenges and opportunities for the UK in achieving net-zero emissions.Quentin is joined by Simon Evans, Deputy Editor and Senior Policy Editor at Carbon Brief, over the course of the conversation, they discuss: The role of media and journalism on net zero in a political climate.How the UK is progressing towards its net zero targets - taking a look at the successes and challenges across various key sectors.What a Labour or Conservative victory could mean for climate policy and targets.Insight into the public sentiment currently surrounding climate action.The UK’s stance on international tariffs on clean technology and the impact this could have.Mentioned in the episodeDeBriefed - the essential guide to the week’s key developments relating to climate change.Daily Briefing - a free digest of the past 24 hours of media coverage related to climate change and energy.The Carbon Brief Interview: Octopus Energy’s Greg JacksonAbout our guestCarbon Brief covers climate science, energy and policy, specialising in clear, data-driven articles to improve the understanding of climate change. Providing reporting, analysis and fact checking related to climate science and energy policy. To read more from Carbon Brief, or to learn more about what they do, head over to the website.Connect with Simon on LinkedIn or follow him on X for more insights.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.