Nord Pool’s new European BESS revenue index ‘reduces trader bias risk’ for merchant plays

General News

Summary

Nord Pool and Clean Horizon have launched a standardized European battery storage revenue index for merchant BESS projects. The index uses Clean Horizon’s COSMOS model to estimate what an average trader could have earned across day-ahead, intraday, and ancillary service markets in 15 countries. Asset owners, traders, and lenders can use it as a benchmark for contract negotiations, performance checks, and bankability assessments. The index also helps reduce concerns about trader bias by giving owners a transparent reference for merchant revenue sharing.

Classifications

industries
Pharmaceuticals and Chemical
applications
AI & Machine learning

AskAI Classifications

Labels
SaaS Energy Software Analytics Software

Linked Companies

Clean Horizon
$1M to $5M