merchant markets

July 10, 2025
IPP Lydian Energy has successfully closed on a US$233 million project financing for three battery energy storage system (BESS) projects in Texas, US.
February 13, 2025
Energy storage optimisation specialist Habitat Energy has signed an agreement with Octopus Energy US to optimise a 50MW/100MWh tolled battery energy storge system (BESS) in the Electric Reliability Council of Texas (ERCOT) market.
January 2, 2025
IPP Ormat Technologies has commenced commercial operations for its 20MW/20MWh battery energy storage system (BESS) project, the Montague energy storage facility.
May 3, 2024
Optimiser Habitat Energy has secured a deal with UBS Asset Management to handle the energy market activity of four BESS projects totalling 730MW in ERCOT, Texas.
March 31, 2021
The opening up of independent system operator (ISO) services as a result of FERC 841 has led to a “huge difference” in storage dispatch strategy for merchant markets with concurrent bidding now the typical strategy.

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