Transmission

Modo Energy
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Nov 20, 2025 • 45min

Is the flexibility gap holding back Europe’s energy transition?

Want the latest news, analysis, and price indices from power markets around the globe - delivered to your inbox, every week?Sign up for the Weekly Dispatch - Modo Energy’s unmissable newsletter.https://bit.ly/TheWeeklyDispatchRenewable build-out is accelerating, driven by record levels of solar deployment and shifting system needs. But as generation scales, the system’s ability to manage volatility isn’t keeping pace. Markets across the globe are experiencing deeper price swings, more frequent negative prices, and growing operational complexity all pointing to one issue: the flexibility gap.In this episode of Transmission, Dario Hernandez, Head of Energy Storage at NextEnergy Capital, breaks down why flexibility has become the defining challenge for the energy transition. Over the conversation, Dario explores how storage, co-located solar-plus-storage projects, and smarter market design are essential to maintaining system stability as renewable penetration rises. He explains what’s driving volatility, where markets are falling behind, and why places like Europe are entering a crucial phase that will determine the long-term resilience of its power system. The discussion unpacks how investors, operators, and policymakers can close the flexibility gap and unlock the value needed to support a high-renewables future.Key topic covered include:- How Europe’s rapid solar growth is outpacing the flexibility needed to stabilise the grid.- Why market volatility is making fast-response flexibility more valuable than ever.- How outdated market designs and regulatory frameworks are slowing investment in flexibility.- The role battery storage will play in managing solar-driven price swings and balancing the system.- What reform is needed to accelerate flexibility deployment and close the system gap.About our guest:Dario Hernandez is Head of Energy Storage at NextEnergy Capital where he focuses on power markets, flexibility, and the role of storage in supporting the energy transition. NextEnergy Capital is a leading international investment and asset management platform specialising in solar and renewables infrastructure. Learn more on their website: https://www.nextenergycapital.com/About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
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Nov 20, 2025 • 45min

Is the flexibility gap holding back Europe’s energy transition?

Want the latest news, analysis, and price indices from power markets around the globe - delivered to your inbox, every week?Sign up for the Weekly Dispatch - Modo Energy’s unmissable newsletter.https://bit.ly/TheWeeklyDispatchRenewable build-out is accelerating, driven by record levels of solar deployment and shifting system needs. But as generation scales, the system’s ability to manage volatility isn’t keeping pace. Markets across the globe are experiencing deeper price swings, more frequent negative prices, and growing operational complexity all pointing to one issue: the flexibility gap.In this episode of Transmission, Dario Hernandez, Head of Energy Storage at NextEnergy Capital, breaks down why flexibility has become the defining challenge for the energy transition. Over the conversation, Dario explores how storage, co-located solar-plus-storage projects, and smarter market design are essential to maintaining system stability as renewable penetration rises. He explains what’s driving volatility, where markets are falling behind, and why places like Europe are entering a crucial phase that will determine the long-term resilience of its power system. The discussion unpacks how investors, operators, and policymakers can close the flexibility gap and unlock the value needed to support a high-renewables future.Key topic covered include:- How Europe’s rapid solar growth is outpacing the flexibility needed to stabilise the grid.- Why market volatility is making fast-response flexibility more valuable than ever.- How outdated market designs and regulatory frameworks are slowing investment in flexibility.- The role battery storage will play in managing solar-driven price swings and balancing the system.- What reform is needed to accelerate flexibility deployment and close the system gap.About our guest:Dario Hernandez is Head of Energy Storage at NextEnergy Capital where he focuses on power markets, flexibility, and the role of storage in supporting the energy transition. NextEnergy Capital is a leading international investment and asset management platform specialising in solar and renewables infrastructure. Learn more on their website: https://www.nextenergycapital.com/About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
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Nov 18, 2025 • 42min

Making Great Britain’s energy transition fair for everyone with Dhara Vyas (EnergyUK)

Want the latest news, analysis, and price indices from power markets around the globe - delivered to your inbox, every week?Sign up for the Weekly Dispatch - Modo Energy’s unmissable newsletter.https://bit.ly/TheWeeklyDispatchFor many households in the UK, the effects of the energy transition doesn’t yet feel fair, affordable, or accessible. As the UK moves towards a smarter, cleaner power system, big questions remain about who benefits, who pays, and how to ensure consumers are supported rather than left behind. The success of the transition will depend not just on technology and investment, but on designing a system that works for real people as well as for industry.In this episode of Transmission, Dhara Vyas, CEO of EnergyUK explores what it truly means to build a people-centred energy system. Over the conversation, Dhara unpacks how policy, pricing, and consumer engagement must evolve to ensure households can participate in, and benefit from, the shift to net zero. The discussion brings clarity to one of the transition’s biggest challenges: making the energy system work for everyone.Key topics covered:• Why fairness and affordability must be central to the energy transition - not an afterthought.• How households can meaningfully participate in a smarter, low-carbon system.• The policies and market reforms needed to protect consumers while enabling industrial investment.• Why better communication, engagement, and trust are essential for system change.• How to build an energy system that supports both households and industry as the UK moves toward net zero.About our guestDhara Vyas is Chief Executive Officer of EnergyUK and is an experienced energy policy and consumer engagement leader focused on building a fair, affordable, and inclusive energy system. She has worked across industry, policy, and advocacy organisations to shape how the UK transitions to a low-carbon future that works for everyone. Check out https://www.energy-uk.org.uk/ for more informationAbout Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
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Nov 18, 2025 • 42min

Making Great Britain’s energy transition fair for everyone with Dhara Vyas (EnergyUK)

Want the latest news, analysis, and price indices from power markets around the globe - delivered to your inbox, every week?Sign up for the Weekly Dispatch - Modo Energy’s unmissable newsletter.https://bit.ly/TheWeeklyDispatchFor many households in the UK, the effects of the energy transition doesn’t yet feel fair, affordable, or accessible. As the UK moves towards a smarter, cleaner power system, big questions remain about who benefits, who pays, and how to ensure consumers are supported rather than left behind. The success of the transition will depend not just on technology and investment, but on designing a system that works for real people as well as for industry.In this episode of Transmission, Dhara Vyas, CEO of EnergyUK explores what it truly means to build a people-centred energy system. Over the conversation, Dhara unpacks how policy, pricing, and consumer engagement must evolve to ensure households can participate in, and benefit from, the shift to net zero. The discussion brings clarity to one of the transition’s biggest challenges: making the energy system work for everyone.Key topics covered:• Why fairness and affordability must be central to the energy transition - not an afterthought.• How households can meaningfully participate in a smarter, low-carbon system.• The policies and market reforms needed to protect consumers while enabling industrial investment.• Why better communication, engagement, and trust are essential for system change.• How to build an energy system that supports both households and industry as the UK moves toward net zero.About our guestDhara Vyas is Chief Executive Officer of EnergyUK and is an experienced energy policy and consumer engagement leader focused on building a fair, affordable, and inclusive energy system. She has worked across industry, policy, and advocacy organisations to shape how the UK transitions to a low-carbon future that works for everyoneAbout Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
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Nov 13, 2025 • 39min

How to scale a global battery portfolio - from Poland to Japan (Gore Street Capital)

Want the latest news, analysis, and price indices from power markets around the globe - delivered to your inbox, every week? Sign up for the Weekly Dispatch - Modo Energy’s unmissable newsletter.https://bit.ly/TheWeeklyDispatchBattery storage has moved from a niche technology to a cornerstone of modern power systems. But as the sector scales, investors face a new challenge: managing complexity across different markets, regulations, and revenue models. Building a global storage portfolio means balancing opportunity with risk and understanding how policy, pricing, and performance differ by region.In this episode of Transmission, Alicja Kowalewska-Montfort, Principal (Technical / Energy Storage) at Gore Street Capital breaks down how investors are approaching the next phase of storage growth. Over the conversation Alicja explores how the company approaches battery investment across Gore Street’s global portfolio. She explains what makes the markets unique, how diversification supports resilience, and why operational discipline is critical to long-term value. The conversation explores how investors are turning storage from a promising technology into a bankable global asset class.Key points covered:• Why financing energy storage remains complex despite growing demand.• The challenges of building and managing assets across multiple markets.• What makes battery projects bankable in different regulatory environments.• How policy, market reform, and merchant exposure shape investment decisions.• What needs to change to scale storage as a core part of the power system.About our guest:Alicja Kowalewska-Montfort is a Principal (Technical / Energy Storage) at Gore Street Capital where she focuses on technical diligence and portfolio optimisation for grid-scale batteries. Gore Street Capital is a private equity investment manager focusing on renewable energy. For more information head to their website. About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
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Nov 13, 2025 • 39min

How to scale a global battery portfolio - from Poland to Japan (Gore Street Capital)

Want the latest news, analysis, and price indices from power markets around the globe - delivered to your inbox, every week?Sign up for the Weekly Dispatch - Modo Energy’s unmissable newsletter.https://bit.ly/TheWeeklyDispatchBattery storage has moved from a niche technology to a cornerstone of modern power systems. But as the sector scales, investors face a new challenge: managing complexity across different markets, regulations, and revenue models. Building a global storage portfolio means balancing opportunity with risk and understanding how policy, pricing, and performance differ by region.In this episode of Transmission, Alicja Kowalewska-Montfort, Principal (Technical / Energy Storage) at Gore Street Capital breaks down how investors are approaching the next phase of storage growth. Over the conversation Alicja explores how the company approaches battery investment across Gore Street’s global portfolio. She explains what makes the markets unique, how diversification supports resilience, and why operational discipline is critical to long-term value. The conversation explores how investors are turning storage from a promising technology into a bankable global asset class.Key points covered:• Why financing energy storage remains complex despite growing demand.• The challenges of building and managing assets across multiple markets.• What makes battery projects bankable in different regulatory environments.• How policy, market reform, and merchant exposure shape investment decisions.• What needs to change to scale storage as a core part of the power system.About our guest:Alicja Kowalewska-Montfort is a Principal (Technical / Energy Storage) at Gore Street Capital where she focuses on technical diligence and portfolio optimisation for grid-scale batteries. Gore Street Capital is a private equity investment manager focusing on renewable energy. For more information head to their website. About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
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17 snips
Nov 11, 2025 • 46min

What’s driving America’s uneven battery energy storage boom (Modo Energy)

Join Pete Berini, Director of Industry at Modo Energy with 15 years in power market modeling, and Brandt Vermillion, U.S. Research Lead with hands-on ISO experience. They dissect America’s fragmented energy landscape, highlighting the regional differences in battery storage and clean energy assets. Discover the impact of recent federal policy changes, evolving storage economics, and the importance of transparency for investors. The duo shares insights on market-specific motivations, capacity markets, and the future of energy with a touch of contrarian views.
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Nov 11, 2025 • 46min

What’s driving America’s uneven battery energy storage boom (Modo Energy)

In this discussion, Brandt Vermillion, the U.S. research lead at Modo Energy, and Peter Berini, the Director of Industry for the U.S. at Modo Energy, unpack the uneven growth of battery energy storage across America. They examine how federal policy, market dynamics, and economic factors influence storage revenues. The duo also highlights the importance of data transparency for investors and delves into the regional variances in battery durations and offtake agreements, offering listeners a clear view of the future landscape of clean energy.
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Nov 6, 2025 • 32min

Building Britain’s biggest battery energy storage system with Lisa Mackay (Fidra Energy)

As Great Britain connects its largest battery to the grid, the spotlight isn’t just on the technology - it’s also on the execution. Delivering storage at this scale requires coordination across engineering, operations, and markets. From grid connection challenges to day-to-day performance, success depends on much more than megawatts and megawatt-hours — it’s about precision, planning, and people.In this episode of Transmission, Lisa MacKay, Chief Operations Officer at Fidra Energy, shares what it takes to bring the UK’s biggest battery project from construction to operation. We explore the real challenges behind delivering large-scale storage - from managing contractors and timelines to optimising assets once they’re online, and what lessons this project offers for the future of flexibility and reliability in the power system.What it takes to build and operate Great Britain’s largest battery.The biggest challenges of scaling storage - from grid connection to commissioning.How operational decisions impact commercial performance.Lessons learned from running large-scale flexibility assets.What GB’s biggest battery means for the wider energy transition.About our guestLisa MacKay is the Chief Operations Officer at Fidra Energy, where she leads operations and organisational strategy across a growing renewable portfolio. With experience spanning development, trading, and leadership, she focuses on building resilient teams and scalable processes that support growth in a dynamic energy market. For more information on Fidra Energy, head to their website. https://fidraenergy.com/About Modo Energy:Modo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
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8 snips
Nov 6, 2025 • 32min

Building Britain’s biggest battery energy storage system with Lisa Mackay (Fidra Energy)

As Great Britain connects its largest battery to the grid, the spotlight isn’t just on the technology - it’s also on the execution. Delivering storage at this scale requires coordination across engineering, operations, and markets. From grid connection challenges to day-to-day performance, success depends on much more than megawatts and megawatt-hours — it’s about precision, planning, and people.In this episode of Transmission, Lisa MacKay, Chief Operations Officer at Fidra Energy, shares what it takes to bring the UK’s biggest battery project from construction to operation. We explore the real challenges behind delivering large-scale storage - from managing contractors and timelines to optimising assets once they’re online, and what lessons this project offers for the future of flexibility and reliability in the power system.What it takes to build and operate Great Britain’s largest battery.The biggest challenges of scaling storage - from grid connection to commissioning.How operational decisions impact commercial performance.Lessons learned from running large-scale flexibility assets.What GB’s biggest battery means for the wider energy transition.About our guestLisa MacKay is the Chief Operations Officer at Fidra Energy, where she leads operations and organisational strategy across a growing renewable portfolio. With experience spanning development, trading, and leadership, she focuses on building resilient teams and scalable processes that support growth in a dynamic energy market. For more information on Fidra Energy, head to their website. https://fidraenergy.com/About Modo Energy:Modo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.

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