The Modo revenue benchmark is a monthly figure calculated using the estimated revenues from our Leaderboard for battery energy storage assets. The monthly figure provides owners and operators with a benchmark to assess their assets' revenues against. The Modo revenue benchmark can be found in our 'Benchmarking' section here.
The Modo revenue benchmark is calculated using the median value of total revenues from assets included in the Leaderboard for each month. This total revenue includes all market revenue streams (ancillary and merchant), Use of System Charges, and capacity market contracts.