Battery Energy Storage Market Data Services for National Wealth Fund
Awarded 30 Mar 2025
About
National Wealth Fund Limited awarded a contract to Modo Energy Limited for the provision of forecasting market data and outturn revenue data for Battery Energy Storage System (BESS) assets via an interactive platform, including periodic reports and web-based tools for on-demand access and customization.
The contract, valued between £300,000 and £500,000 excluding VAT, commenced in March 2025 with a three-year initial subscription period and options to extend up to five years total, until 30 March 2030.
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