Battery energy storage systems represent significant capital investments, and the performance of your optimization partner directly impacts your returns. Yet many asset owners struggle to answer: Is my optimizer performing well? How do my revenues compare to similar assets? What recourse do I have if performance falls short?
Modo Energy's Index Licensing services solve these challenges by providing independent, transparent performance measurement that can be seamlessly integrated directly into your optimization agreements.
A. Lack of Independent Performance Verification
Without objective benchmarks, asset owners have limited visibility into whether their optimizer is extracting maximum value. Optimizers control both the strategy and the reporting, creating potential conflicts of interest.
B. Difficulty Enforcing Performance Standards
Even when optimization agreements include performance clauses, enforcing them is challenging without agreed-upon, verifiable benchmarks.
C. Asymmetric Market Information
Optimizers have deep market knowledge and data access. Asset owners often lack comparable intelligence to assess whether their revenues align with market conditions.
Modo Energy provides GB, ERCOT and Australia with industry-leading battery energy storage revenue indices and benchmarking services, purpose-built for integration into optimisation agreements. Delivered as part of our Enterprise tier, our solution combines defined governance controls, robust and transparent methodology, market-leading data, and legal best practice—delivering benchmarks that are reliable, auditable, and trusted by all counterparties.
Our core ME BESS GB index family is supported by published Benchmark Statements, defined governance controls, and clear cessation procedures—giving counterparties confidence in how these benchmarks are constructed today and how any future changes will be managed.
Every benchmark comes with a unique, persistent URL that both parties and their advisers can access throughout the contract term, eliminating disputes about data accuracy. Non-Modo Energy users can view the specific benchmark without a full platform subscription.