Wendel Hortop
@wendel-hortop.bsky.social
Professional clean energy geek, very average amateur surfer.
Part-time host on the Transmission podcast (down under).
I write about grid-scale batteries and energy markets - longer content on LI, video on YouTube and both on Modo Energy’s terminal.
Part-time host on the Transmission podcast (down under).
I write about grid-scale batteries and energy markets - longer content on LI, video on YouTube and both on Modo Energy’s terminal.
Modo subscribers can read my full analysis of the BESS offtake market here: modoenergy.com/research/off...
The state of BESS offtakes in the NEM: Tolls, revenue swaps and PPAs - Research | Modo Energy
Offtake contracts such as virtual tolls provide stable returns for BESS in the volatile NEM. This helps to manage risk and get debt financing.
modoenergy.com
October 9, 2025 at 2:27 AM
Modo subscribers can read my full analysis of the BESS offtake market here: modoenergy.com/research/off...
Read my full analysis of the Nelson Review and its potential implications for batteries here: modoenergy.com/research/nem...
Nelson Review: How the ESEM and other NEM reforms impact BESS - Research | Modo Energy
The Nelson Review concludes that NEM reform should focus on evolution. It recommends the introduction of the Electricity Services Entry Mechanism (ESEM).
modoenergy.com
August 20, 2025 at 6:39 AM
Read my full analysis of the Nelson Review and its potential implications for batteries here: modoenergy.com/research/nem...
Although if we add in what's installed but still commissioning in the NEM you do get an extra 2.2 GW and 5.7 GWh which maybe does get you there!
August 19, 2025 at 1:29 AM
Although if we add in what's installed but still commissioning in the NEM you do get an extra 2.2 GW and 5.7 GWh which maybe does get you there!
Great article Keira - arbitrage is definitely dominating for big batteries now.
On Australia overtaking the UK, do you have the numbers for this? For commercially operating BESS we have the NEM behind GB, and adding WEM only gets you so far.
But expect this to all change in the next 6-12 months!
On Australia overtaking the UK, do you have the numbers for this? For commercially operating BESS we have the NEM behind GB, and adding WEM only gets you so far.
But expect this to all change in the next 6-12 months!
August 19, 2025 at 1:22 AM
Great article Keira - arbitrage is definitely dominating for big batteries now.
On Australia overtaking the UK, do you have the numbers for this? For commercially operating BESS we have the NEM behind GB, and adding WEM only gets you so far.
But expect this to all change in the next 6-12 months!
On Australia overtaking the UK, do you have the numbers for this? For commercially operating BESS we have the NEM behind GB, and adding WEM only gets you so far.
But expect this to all change in the next 6-12 months!
Check out the full episodes here:
Elias - youtu.be/YGmOPGKyK60
Dennis - youtu.be/xI-GDW2ejFg
Belinda - youtu.be/z_u54DulawQ
Elias - youtu.be/YGmOPGKyK60
Dennis - youtu.be/xI-GDW2ejFg
Belinda - youtu.be/z_u54DulawQ
What’s Holding Back Clean Energy Investment in Australia with Belinda Cogswell (EY)
YouTube video by Modo Energy
youtu.be
August 19, 2025 at 12:52 AM
Check out the full episodes here:
Elias - youtu.be/YGmOPGKyK60
Dennis - youtu.be/xI-GDW2ejFg
Belinda - youtu.be/z_u54DulawQ
Elias - youtu.be/YGmOPGKyK60
Dennis - youtu.be/xI-GDW2ejFg
Belinda - youtu.be/z_u54DulawQ
Finally - the fantastic Belinda Cogswell from EY Parthenon on the challenges of dealing with volatility in the market, and the role public support can play to maintain new investment.
August 19, 2025 at 12:49 AM
Finally - the fantastic Belinda Cogswell from EY Parthenon on the challenges of dealing with volatility in the market, and the role public support can play to maintain new investment.
Then, we have Dennis Friedman from Aquila Clean Energy discussing the Australian and New Zealand markets and how the need for new gas is still there.
August 19, 2025 at 12:46 AM
Then, we have Dennis Friedman from Aquila Clean Energy discussing the Australian and New Zealand markets and how the need for new gas is still there.