Megawatt moves electricity price exposure from trading house balance sheets to capital markets as an onchain royalty on energy storage revenue.
The owner guarantees the battery delivers a set number of MWh every year and stands behind it.
The market sets what each MWh earns. Nobody controls it, so nobody has to.
A fixed share of the resulting revenue, for a set term, is the instrument investors hold. The owner keeps the rest.
Driven by weather and grids, not by cycles of capital. Two-hour spreads (TB2) across 40 European day-ahead markets monthly since September 2023, straight from our Megadata platform. Brighter months are when the grid paid most to move energy in time; hover a market for its trend and Megadata’s twelve-month projection.
Hover a cell for the month, or a market name for its three-year trend and projection
Last two years · full history on desktop
Moving energy in time is one kind of flexibility. Balancing services (aFRR and mFRR), bought directly by grid operators, are the larger share of storage revenue in many markets.
Two Slovenian facilities are owned by founders and are listed here for representative purposes only.
Each wave brought a real-world cash flow onchain. The first three were loans, so investors were owed a fixed amount. Here, capital holds a share of what the grid pays energy storage every day and that amount moves with the market.
Lending to businesses.
Lending to governments.
Lending against GPUs.
A share of what the grid pays for a service it buys every day.