Research

Italy's MACSE 2026: bigger volumes, same rules

Market Outlook

3 min

Italy's MACSE 2026: bigger volumes, same rules

On 28 May, Terna published the binding rules for Italy's second MACSE auction. It targets 16 GWh of awarded capacity, against the 10 GWh awarded in the first round. The auction will take place on 24 November 2026.The auction format is unchanged from 2...

5 days ago

Forecast Updates

7 min

NEM Market Outlook Report: Q2 2026

The April 2026 NEM forecast reshapes our market outlook across multiple dimensions: how fast demand grows, how much coal retires, how fast batteries scale, and where spreads peak and compress. In turn this impacts the economic outlook for BESS, especi...

5 days ago

CIS Generation Update: Tender 7 awards 71% to wind, and Tender 9 shifts focus to deliverability

Policy Update

7 min

CIS Generation Update: Tender 7 awards 71% to wind, and Tender 9 shifts focus to deliverability

CIS Tender 7 awarded 7.8 GW across 19 projects, with 71% wind and a 25% storage ratio. Unpack the wind-led mix and what Tenders 8 and 9 mean next.

27 May 2026

ERCOT BESS Investment Outlook Report - Q1 2026

Market Outlook

11 min

ERCOT BESS Investment Outlook Report - Q1 2026

Four-hour batteries reach 18.3% IRR, the only duration clearing 12% in Modo Energy's Q1 2026 ERCOT outlook; two-hour lands at 11.3%, one-hour at 4.9%.

21 May 2026

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