Transmission

By Ed Porter, Modo EnergyBusiness Science Investing Physics

Transmission episodes

July 04, 2024Tolling agreements and the wider market impacts with Ben Guest (Managing Director, New Energy & Fund Manager @ Gresham House Energy Storage Fund)
The recent announcement of Gresham House Energy Storage Fund's tolling agreement with Octopus Energy represents a significant milestone in the battery storage industry. This agreement, which offers a fixed price for battery usage over two years, is poised to reshape the market. Ben Guest, Managing Director of New Energy & Fund Manager at Gresham House Energy Storage Fund, joins Quentin in today's episode to delve into this groundbreaking deal.
Their conversation explores the rationale behind the agreement, examining both the technical and financial aspects, as well as its broader implications for the energy market and the evolving role of batteries within it.
This tolling agreement involves approximately half of Gresham House's BESS portfolio in partnership with the UK's largest energy supplier, Octopus Energy. During their conversation, Quentin and Ben cover:
The specifics of the landmark tolling agreement with Octopus Energy.
The impact on the market, including changes in the business case for batteries.
The anticipated changes in Gresham House's operational strategies.
Ben's insights on the current state of the market.
The future outlook for Gresham House Energy Storage Fund.
About our guest
Gresham House is a specialist alternative asset manager, offering funds, direct investments and tailored opportunities to a wide range of investors. Dedicated to sustainable investments with expertise in forestry, sustainable infrastructure, natural capital, renewable energy and battery storage, affordable housing and public and private equity. For more information, head to their site.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.
51 min
July 04, 2024Tolling agreements and the wider market impacts with Ben Guest (Managing Director, New Energy & Fund Manager @ Gresham House Energy Storage Fund)
The recent announcement of Gresham House Energy Storage Fund's tolling agreement with Octopus Energy represents a significant milestone in the battery storage industry. This agreement, which offers a fixed price for battery usage over two years, is poised to reshape the market. Ben Guest, Managing Director of New Energy & Fund Manager at Gresham House Energy Storage Fund, joins Quentin in today's episode to delve into this groundbreaking deal.
Their conversation explores the rationale behind the agreement, examining both the technical and financial aspects, as well as its broader implications for the energy market and the evolving role of batteries within it.
This tolling agreement involves approximately half of Gresham House's BESS portfolio in partnership with the UK's largest energy supplier, Octopus Energy. During their conversation, Quentin and Ben cover:
The specifics of the landmark tolling agreement with Octopus Energy.
The impact on the market, including changes in the business case for batteries.
The anticipated changes in Gresham House's operational strategies.
Ben's insights on the current state of the market.
The future outlook for Gresham House Energy Storage Fund.
About our guest
Gresham House is a specialist alternative asset manager, offering funds, direct investments and tailored opportunities to a wide range of investors. Dedicated to sustainable investments with expertise in forestry, sustainable infrastructure, natural capital, renewable energy and battery storage, affordable housing and public and private equity. For more information, head to their site.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.
51 min
June 27, 2024The future of DSR and battery optimization with Michael Phelan (Co-Founder & Chief Executive @GridBeyond)
Last week we celebrated our 100th episode of the Transmission podcast, and to say thank you to our listeners we are giving away 100 exclusive 100th-episode anniversary t-shirts. Enter here for your chance to win!
Ever wondered how a company goes from pioneering Demand Side Response to managing a global portfolio of distributed energy assets? Our latest podcast episode dives deep into GridBeyond's journey. Michael Phelan, GridBeyond’s Chief Executive & Co-Founder, shares his insights into the origins of GridBeyond to unlocking the powers of AI to optimize battery storage and maximise the impact of demand side response.
Quentin is joined by Michael Phelan, Chief Executive and Co-Founder of GridBeyond. Over the course of the conversation, they discuss:
The state of demand side response (DSR), its impact in balancing the grid and the differences between UK and ERCOT markets.
GridBeyond’s market expansion and the challenges that come with it.
A look into GridBeyonds portfolio and the types of assets they manage.
The role of AI in the future of forecasting and storage optimization.
Michael’s vision for GridBeyond’s future, building tools for large developers and utilities.
About our guest
GridBeyond aim to unlock the potential of energy assets, driving sustainability, resilience, and affordability towards a zero-carbon future. Their technology optimizes utility-scale renewable generation, battery storage, and industrial loads by intelligently dispatching flexibility into the right market at the right time. Enabling asset owners and energy consumers to unlock new revenues, enhance resilience, manage price volatility, and support the transition to net zero. For more information on GridBeyond - head to their website.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more on Demand Side Response, check out our written research.
41 min
June 27, 2024The future of DSR and battery optimization with Michael Phelan (Co-Founder & Chief Executive @ GridBeyond)
Last week we celebrated our 100th episode of the Transmission podcast, and to say thank you to our listeners we are giving away 100 exclusive 100th-episode anniversary t-shirts. Enter here for your chance to win!
Ever wondered how a company goes from pioneering Demand Side Response to managing a global portfolio of distributed energy assets? Our latest podcast episode dives deep into GridBeyond's journey. Michael Phelan, GridBeyond’s Chief Executive & Co-Founder, shares his insights into the origins of GridBeyond to unlocking the powers of AI to optimize battery storage and maximise the impact of demand side response.
Quentin is joined by Michael Phelan, Chief Executive and Co-Founder of GridBeyond. Over the course of the conversation, they discuss:
The state of demand side response (DSR), its impact in balancing the grid and the differences between UK and ERCOT markets.
GridBeyond’s market expansion and the challenges that come with it.
A look into GridBeyonds portfolio and the types of assets they manage.
The role of AI in the future of forecasting and storage optimization.
Michael’s vision for GridBeyond’s future, building tools for large developers and utilities.
About our guest
GridBeyond aim to unlock the potential of energy assets, driving sustainability, resilience, and affordability towards a zero-carbon future. Their technology optimizes utility-scale renewable generation, battery storage, and industrial loads by intelligently dispatching flexibility into the right market at the right time. Enabling asset owners and energy consumers to unlock new revenues, enhance resilience, manage price volatility, and support the transition to net zero. For more information on GridBeyond - head to their website.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more on Demand Side Response, check out our written research.
41 min
June 20, 2024Ep100 Building Harmony Energy with Peter Kavanagh (CEO & Founder @ Harmony Energy)
Today’s episode marks 100 episodes of the Transmission podcast! As a thank you for being part of the conversation around battery energy storage, energy markets and beyond - we are giving away 100 exclusive 100th-episode anniversary t-shirts! Enter here for your chance to win!
In this very special episode we are going full circle. Quentin is talking to Harmony Energy CEO & Founder, Peter Kavanagh. Long time listeners might remember our first ever episode, where Quentin spoke with Paul Mason, Chief Investment Officer at Harmony Energy, about taking Harmony Energy Income Trust to IPO.
One hundred episodes later we take a look at the rest of Harmony’s story, from the challenges and triumphs of scaling up projects, the complexities of the energy market, the impact of fluctuating revenues, and the strategic decisions behind diversifying suppliers and expanding internationally. Over the course of the conversation, Quentin and Peter discuss:
The journey of Harmony Energy, from its founding days to becoming a major player in the energy storage market.
Constructing the largest battery in Europe and a unique look at scaling projects.
Peter’s insights into the current state of the energy storage market in Great Britain, the impact of fluctuating revenues, and the future outlook.
Insight to Harmony Energy's strategy when moving into international markets.
Harmony Energy’s approach to choosing key suppliers, and the importance of diversifying the supply chain.
About our guest
Driven by a vision of a greener future, Harmony Energy has evolved into a global operation of developing, owning and operating utility-scale battery energy storage, solar farms and wind assets across the globe. For more information on what Harmony does, head to their website.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.
45 min
June 20, 2024Ep100 Building Harmony Energy with Peter Kavanagh (CEO & Founder @ Harmony Energy)
Today’s episode marks 100 episodes of the Transmission podcast! As a thank you for being part of the conversation around battery energy storage, energy markets and beyond - we are giving away 100 exclusive 100th-episode anniversary t-shirts! Enter here for your chance to win!
In this very special episode we are going full circle. Quentin is talking to Harmony Energy CEO & Founder, Peter Kavanagh. Long time listeners might remember our first ever episode, where Quentin spoke with Paul Mason, Chief Investment Officer at Harmony Energy, about taking Harmony Energy Income Trust to IPO.
One hundred episodes later we take a look at the rest of Harmony’s story, from the challenges and triumphs of scaling up projects, the complexities of the energy market, the impact of fluctuating revenues, and the strategic decisions behind diversifying suppliers and expanding internationally. Over the course of the conversation, Quentin and Peter discuss:
The journey of Harmony Energy, from its founding days to becoming a major player in the energy storage market.
Constructing the largest battery in Europe and a unique look at scaling projects.
Peter’s insights into the current state of the energy storage market in Great Britain, the impact of fluctuating revenues, and the future outlook.
Insight to Harmony Energy's strategy when moving into international markets.
Harmony Energy’s approach to choosing key suppliers, and the importance of diversifying the supply chain.
About our guest
Driven by a vision of a greener future, Harmony Energy has evolved into a global operation of developing, owning and operating utility-scale battery energy storage, solar farms and wind assets across the globe. For more information on what Harmony does, head to their website.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.
45 min
June 13, 2024 General election, net zero and climate policy with Simon Evans (Deputy Editor & Senior Policy Editor @ Carbon Brief)
With a general election on the horizon, the UK faces significant potential shifts in its approach to achieving net zero targets and build out of renewable energy and battery storage. The topic of net zero has become a key issue among political parties. Today, we explore the climate strategies of leading parties and how a change in government could change net-zero strategies.
From the proposed 'Great British Energy' initiative to North Sea oil and gas licenses and the impact of global events like Russia's invasion of Ukraine on energy policy, this episode looks at the challenges and opportunities for the UK in achieving net-zero emissions.
Quentin is joined by Simon Evans, Deputy Editor and Senior Policy Editor at Carbon Brief, over the course of the conversation, they discuss:
The role of media and journalism on net zero in a political climate.
How the UK is progressing towards its net zero targets - taking a look at the successes and challenges across various key sectors.
What a Labour or Conservative victory could mean for climate policy and targets.
Insight into the public sentiment currently surrounding climate action.
The UK’s stance on international tariffs on clean technology and the impact this could have.
Mentioned in the episode
DeBriefed - the essential guide to the week’s key developments relating to climate change.
Daily Briefing - a free digest of the past 24 hours of media coverage related to climate change and energy.
The Carbon Brief Interview: Octopus Energy’s Greg Jackson
About our guest
Carbon Brief covers climate science, energy and policy, specialising in clear, data-driven articles to improve the understanding of climate change. Providing reporting, analysis and fact checking related to climate science and energy policy. To read more from Carbon Brief, or to learn more about what they do, head over to the website.
Connect with Simon on LinkedIn or follow him on X for more insights.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.
41 min
June 06, 2024ESG in battery supply chains with Sarah Montgomery (CEO & Co-Founder of Infyos)
In today's increasingly transparent world, there is no excuse for turning a blind eye to the issues that in reality are apparent at many levels of many industrial supply chains. Embracing best practices for Environmental, Social, and Governance (ESG) standards is not only ethically responsible but can also offer a significant competitive advantage in the global battery industry. However, navigating the evolving policies and frameworks of the battery storage supply chain can be complex. How can we effectively manage these changes?
Joining Ed for this episode, Sarah Montgomery, CEO & Co-Founder of Infyos, shares her insights on how ESG principles are shaping the future of battery energy storage solutions. Over the conversation, they discuss:
How ESG provides an essential framework to support the entire industry.
Recent supply chain and ESG regulations affecting the battery industry across the US and EU.
The importance of collaboration with suppliers to improve ESG practices and compliance.
Steps asset owners and developers need to take to comply with regulations.
Mentioned in the episode
EU Battery Regulation Report
About our guest
Infyos helps battery and car makers manage and improve their company and supply chains sustainability. Ensuring customers are on a realistic and achievable path to sustainability and helping them to get ahead of regulatory requirement deadlines and demonstrate compliance progress. For more information on what they do, head to their website.
Sarah is CEO & Co-Founder of Infyos and is also part of the World Economic Forum’s Global Battery Alliance and IRMA’s Working Group on Circular Economy. You can follow her on LinkedIn.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.
38 min
June 06, 2024ESG in battery supply chains with Sarah Montgomery (CEO & Co-Founder of Infyos)
In today's increasingly transparent world, there is no excuse for turning a blind eye to the issues that in reality are apparent at many levels of many industrial supply chains. Embracing best practices for Environmental, Social, and Governance (ESG) standards is not only ethically responsible but can also offer a significant competitive advantage in the global battery industry. However, navigating the evolving policies and frameworks of the battery storage supply chain can be complex. How can we effectively manage these changes?
Joining Ed for this episode, Sarah Montgomery, CEO & Co-Founder of Infyos, shares her insights on how ESG principles are shaping the future of battery energy storage solutions. Over the conversation, they discuss:
How ESG provides an essential framework to support the entire industry.
Recent supply chain and ESG regulations affecting the battery industry across the US and EU.
The importance of collaboration with suppliers to improve ESG practices and compliance.
Steps asset owners and developers need to take to comply with regulations.
Mentioned in the episode
EU Battery Regulation Report
About our guest
Infyos helps battery and car makers manage and improve their company and supply chains sustainability. Ensuring customers are on a realistic and achievable path to sustainability and helping them to get ahead of regulatory requirement deadlines and demonstrate compliance progress. For more information on what they do, head to their website.
Sarah is CEO & Co-Founder of Infyos and is also part of the World Economic Forum’s Global Battery Alliance and IRMA’s Working Group on Circular Economy. You can follow her on LinkedIn.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.
38 min
May 30, 2024Modo Selects: Building BESS in the US with Louis Caso (VP of Business Development @ Pomega USA)
The Inflation Reduction Act or ‘IRA’, is turbocharging the buildout of domestic renewable energy solutions in the USA. Until recently, the focus on homegrown battery build-out has been on EV batteries, but the tides are changing as the need for grid-scale energy storage projects is gaining momentum. Pomega Energy Storage Technologies USA is in the race to be first to market to provide it all - from LFP cells to turnkey energy storage solutions.
In this episode from May 2023, we are revisiting a conversation with Louis Caso - Vice President of Business Development at Pomega Energy Storage Technologies USA. Over the course of the conversation, Quentin and Louis discuss:
What demand looks like for stationary battery storage in the US and who is looking to integrate it.
How the Inflation Reduction Act is impacting energy storage and turbocharging the US market.
Insight into the enormity of building a project on the scale that Pomega intends.
Pomega’s vision to bring start-to-finish battery production to the US.
And much, much more.
About our guest
Pomega is on a mission to become a leading manufacturer of vertically integrated LFP battery cell and energy storage systems in North America. From the individual LFP cells to turnkey BESS solutions - Pomega will provide start-to-finish energy storage products. Pomega develops sustainable technologies to contribute to a livable and carbon-neutral future.
It manufactures storage solutions, covering various use cases in mobility, telecom, marine, residential and utility scale, including products such as Lithium-Ion LFP Battery Cell, mobile substations, mobile hybrid storage systems and residential energy storage systems. To find out more about what Pomega are doing, head to their website.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work.
43 min

About Transmission

From the publisher's feed

Transmission is the podcast for energy professionals navigating the global shift to a low-carbon power system. Hosted by Ed Porter, Transmission goes deep on battery storage markets, power market dynamics, and the commercial forces shaping the energy transition - with the people at the centre of it.

Every week, we sit down with the CEOs, heads of trading desks, government advisors, policy architects, and leading practitioners driving change across the industry.

These are practitioner conversations - focused on how markets actually work, where the real opportunities and risks lie, and what the data is telling us.

We cover clean energy investing, capacity markets, balancing mechanism participation, and the evolving regulatory environment that shapes returns across geographies. Our coverage spans Great Britain, Germany, Spain, and the broader European energy transition, with regular episodes dedicated to the specific dynamics of each market.

Transmission tracks the inflection points that matter: when markets shift, where capital is flowing, and what experienced operators are doing next.

We also cover power markets more broadly - interconnectors, flexibility markets, grid infrastructure, and the trading strategies that sophisticated players use to extract value in increasingly complex systems.

Who listens: Transmission is built for people who work in energy - analysts, investors, developers, traders, asset managers, and policy professionals at every stage of their careers.

If you're entering the industry or building your understanding of how battery storage and power markets actually work, Transmission is one of the fastest ways to get up to speed - directly from the people shaping them.

About Modo Energy: Transmission is produced by Modo Energy, a B2B SaaS platform that helps renewable energy companies, funds, utilities, and banks manage and value their energy assets. Specializing in batteries and provides data, analytics, and forecasting to help customers understand the financial performance of their energy assets.

The Modo Energy Terminal is the one-stop shop for teams trying to understand the commercial case for grid-scale battery energy storage - bringing together trusted indices, customizable benchmarks, independent revenue forecasts, in-depth written analysis, and much more.

Guided by the principles of transparency and usability, Modo Energy’s Terminal provides owners, operators, developers and financiers with a complete view of the landscape for storage - past, present, and future - so that users can make informed, bankable decisions about their assets.

Hundreds of organizations rely on Modo’s tools and insights to navigate market trends, optimize investment strategies, and stay ahead of industry shifts. As the storage space continues to evolve, Modo is leading the way - helping businesses unlock the full value of their assets and make smarter decisions in a net-zero future.

Follow Transmission to get new episodes every Tuesday.

If you find the show valuable, leaving a rating takes 30 seconds and makes a real difference in helping other energy professionals find us.