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ovais-kashif.bsky.social
Battery energy storage analyst dissecting the Californian market @ Modo Energy Full-length research on the Modo Terminal.
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Getting Started

Californian power price curves One of these is not like the others... πŸ¦† πŸ¦† 🦒 πŸ¦† The Goose brought wholesale battery revenues down by 36% last year Here's why πŸ‘‰ modoenergy.com/research/cai...

πŸ—£οΈ Modo team assemble!! Huge year ahead for storage - it’s going to be a lot of fun. If you’re into energy markets and battery storage, we’re hiring.

Batteries in CAISO earning revenues in 2024 πŸ‘‡ The gist? Trading energy in the day-ahead market is becoming more important (72% of merchant revenue in 2024, up from 64% in 2023) Read the thread to find out which locations provided the best nodes on the network for this! #energysky #CAISO #battery

Want to learn more about batteries and energy markets in 2025? The Transmission podcast has been fantastic to tune in to for the past few years - highly recommend these episodes from 2024 πŸ‘‡

Most batteries in CAISO are qualified to provide 100% of their power to Resource Adequacy thanks to their 4-hour duration. This makes them one of the top options to provide reliability β€” and forms a substantial proportion of battery revenues in California #EnergyBluesky #CAISO

Southern California dominating battery buildout - a product of higher price spreads and the opportunity to share a grid connection with the abundance of solar sites β˜€οΈ

Big batteries in California to look back on in 2024 (over 1 GW and 3.3GWh of storage is just one site!)

For anyone looking to understand the Ancillary Services in CAISO - here's a handy cheat sheet #CAISO #AncillaryServices

Batteries in California make money by stabilizing the grid via Ancillary Services In a nutshell, there's two services they provide - Regulation and Reserve Regulation balances short-term differences in supply and demand, and Reserves kick in to fix massive drops in frequency πŸ”ŒπŸ’‘ #battery #CAISO