We’re super excited to announce the launch of Signal! This is our three-year forward view of battery energy storage revenues in Great Britain.
Since we launched three years ago, we've been focused on enabling Asset Success. This has helped our users to do some amazing things - build new batteries, launch new startups, lower the cost of financing. Over 80% of battery energy storage asset owners and operators in GB use the Modo Leaderboard. It lets you track your assets and benchmark them against everybody else’s.
But almost everything we’ve done until this point has been telling you how things have been. Basically, we've been focused on the past.
Signal takes all we've learned about assets and markets over the last three years of Modo, and uses that data to look forward across the next three years.
How does Signal work?
We’ve built Signal from scratch.
Signal is always learning, evolving and improving. When the market changes, you’ll see the impact straight away. So if National Grid ESO changes its frequency response requirement forecast, or we see a step-change in wholesale prices, or new markets for battery energy storage systems emerge - you’ll be able to see how it will impact your revenues.
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We know that to get the most out of Signal, you need to understand how it works. That’s why we’re making it completely transparent. Over the next couple of weeks, we’ll be publishing our entire methodology - so, if you're using Signal in your business model, you can explain how it works, including all the details.
Signal is now available as an add-on for all of our paying users, starting from £2,499 a month.