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Why is the Modo Revenue Benchmark different to the Battery Revenue Breakdown Benchmark?
Why is the Modo Revenue Benchmark different to the Battery Revenue Breakdown Benchmark?

Explaining why benchmark figures differ.

Tim Overton avatar
Written by Tim Overton
Updated over a week ago

The revenue benchmarks are monthly figures (£/MW/month) to help owners and operators benchmark their assets' revenues.

The Modo revenue benchmark is calculated using the median value of total revenues from Balancing Mechanism registered assets included in the Leaderboard for each month. This total revenue includes revenue streams linked to daily operations only (ancillary and merchant) and excludes Fixed DUoS, triad revenues and capacity market contracts.

The Battery Revenue Breakdown Benchmark is calculated using the mean value of total revenues from all assets included in the Leaderboard for each month (not just Balancing Mechanism registered assets). This total revenue includes revenue streams linked to daily operations only (ancillary and merchant) and excludes all use of system charges, triad revenues and capacity market contracts.

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