Selling wholesale earns $352 to $449/kW-year, above the $55 to $231/kW-year behind the meter
Modeled annual revenue for a distributed battery by strategy and zone ($/kW-year)
Source: PJM, EIA, Modo Energy vBESS benchmarks, utility tariffs
Note: wholesale is the vBESS market benchmark plus blended capacity (four-hour ELCC, 55% then 50%). For behind-the-meter, the solid bar is the low estimate and the hashed extension reaches the high; modeled from tariffs, net of charging.
MODOENERGY