Modo Energy

“Getting answers from a consultant or advisor used to take days, Ko gives me the same in seconds.”

“Ko is precise and reliable, and that’s what sets it apart from other AI tools, which are often inaccurate but still confident.”

“Modo Energy’s long-term revenue forecast has been critical in helping us progress our project from early-stage development to final investment decision.”

“Using the Modo Energy’s forecasting enables us to make decisions every week on whether to progress certain BESS projects or not. The DEVEX spent on each project is c.£200-300k, saving us millions over the year by helping us make accurate decisions.”

“I'm in the data every single day," said Clark. "We post our performance against the rest of the ERCOT fleet to our commercial team, NOC operators and operations team, so everybody knows how we're doing.”

“It's a great resource for understanding BESS in ERCOT. You can go from entry-level all the way to as advanced as you want, all in one place.”

“Being able to research the West Texas import constraints that came online last year was huge," said Clark. "The rules and regulations Modo Energy keeps up with, in a commercial sense, is like no other.”

“Having an independent source confirm our results gives credence to our internal teams, senior management and investors that we can maximize returns on capital deployed,”

“Modo Energy is like having another person on our team," said Clark. "I can research constraints on the nodes where our new West Texas assets will connect and model what our strategy could look like, without needing another analyst.”

“It almost replaces an FTE," said Peine. "Modo Energy has already done a lot of the analysis behind the questions I would ask myself, or ask my team to go figure out. I can use it as a coworker to reach a decision quickly, without hiring another person.”

“We analyzed performance through the Modo Energy Terminal, then modeled our approach to understand where we could unlock value that wasn't being captured," said Peine. "That analysis helped drive the investment decision.”

“To get a published analysis showing why our node is the best in ERCOT, that everybody else could see, was awesome," said Clark. "It confirmed why it was sited there and the value we're able to extract from it.”

“Arbitrage is the name of the game now," said Clark. "The fact that Modo Energy was publishing TBX analysis early on is indicative of them knowing where the market was heading.”

“Modo Energy was quick to post revenues from the first days of RTC+B," said Clark. "That speed was important when you're trying to maximize revenue for a fleet of our size through a live market transition.”

“Modo Energy dug in from the beginning to understand how batteries actually make money.”

“We read everything Modo Energy publishes on the markets we're looking at," Alvarez says. "Battery energy storage is a new and fast-moving space. A huge number of the assets being built are owned by first-time operators. Having high-quality, independent research is essential, and Modo Energy is doing that better than anyone.”

“Modo Energy has brought a lot of sunlight to the battery energy storage ecosystem," Alvarez says. "Without it, it was much less clear how people were doing and how battery energy storage as an asset class was performing.”

“It would easily take three to four times as long to understand a particular topic without Modo Energy," Park says. "Sometimes there are things you don't even know to look for. Modo Energy takes you from an unknown unknown to something you can actually work with.”

“Modo Energy gave the clearest and most concise interpretation of any particular policy topic," Park says. "It gave us orientation, a base of knowledge that helped us figure out what questions to ask next.”

“We share the Modo Energy leaderboard with asset owners to show that the batteries we operate are in the top five out of a hundred," Alvarez says. "That's a much more powerful visual than sending someone a 40-page report we put together ourselves.”

“There's a general issue in battery optimization," says Marc Alvarez, a member of the business development and origination team at Gridmatic. "A lot of people make different marketing claims that are very hard to validate and very hard to compare.”

“"The DNA of Modo Energy being focused on energy storage is very, very important," said Guest. "It's essential that we have neutral parties that can point things out and advocate for a sector — people calling out what they actually see, with no agenda."”

“"Modo Energy can be a catalyst for ideas in the wider market," said Hutchinson. "Your reach, your reputation, and your ability to write complex problems into easy-to-digest research means it gets much more general market reception."”

“"The transparency is helpful not only for ourselves, but for potential investors and from a debt perspective as well," said Bustin. "We can point to our curve provider not shying away from what's in their assumptions. That aligns with how we want to run the business."”

“"That would probably take us two to three weeks," said Hutchinson. "Now, with the Terminal, you can have a curve within 20 to 30 minutes. It makes it very quick and easy."”