A reduction in price volatility has seen BESS revenue decrease by 40% in Australia’s NEM month-on-month in March 2025.

Modo Energy’s Wendel Hortop tells Energy-Storage.news that over 4GW of utility-scale BESS on the NEM will be in commercial operation by 2025.

Copenhagen Infrastructure Partners (CIP) has issued notice to proceed for Summerfield large-scale battery storage project in South Australia.

The start of 2025 has seen new and updated BESS revenue indexes launched for Germany as well as other other European markets, by optimiser enspired and consultancies Clean Horizon, Aurora Energy Research and LCP Delta.

Modo Energy has signalled that 16.8GW of battery energy storage systems (BESS) will connect to Australia’s National Electricity Market (NEM) by the end of 2027.

Data from UK consultancy Cornwall Insight shows that profits for battery storage units in the country will rebound by 2026 after “an extended period of underperformance”.

Wholesale trading revenues for UK battery storage systems grew 45% month-on-month in October, accounting for half of revenue growth, Modo Energy said.

UK-based energy industry data platform company Modo Energy’s monthly Revenue Benchmark has found that battery energy storage revenues in the country increased by 53% between June and July.