What Modo Energy does

Modo Energy is an AI-native intelligence platform for energy asset valuations, headquartered in London with regional hubs in New York, Madrid, and Sydney. The company serves energy investors, developers, lenders, asset managers, optimisers, traders, utilities, and consultants who need independent benchmarks, long-term revenue forecasts, and research for battery energy storage, solar, wind, and adjacent electrification assets. The platform is delivered through the Modo Energy Terminal, a unified web workspace combining Regulated Benchmarks (FCA-authorised under the UK Benchmarks Regulation, Firm no. 1042606, with methodologies independently assessed against IOSCO Principles), Bankable Forecasts (Capacity Expansion, Production Cost, and Dispatch Models projecting out to 2050 and approved by major banks for project underwriting), and Analyst Insights (in-house research cited by Bloomberg, the FT, and the Wall Street Journal). Layered on top is Ko, a generative AI analyst powered by Anthropic's Claude Sonnet 4.6 with OpenAI-driven query transformation, offering Agent and Co-Pilot modes and grounded against Modo's proprietary datasets with cited sources and explicit hallucination-prevention controls.

The product surface is complemented by a public MCP server (mcp.modoenergy.com/mcp) that exposes Modo's data to Claude, ChatGPT, Microsoft Copilot, Claude Code, and Cursor via OAuth 2.0, plus a public developer API and supporting content products (Energy Academy, the Transmission podcast, and the Weekly Dispatch newsletter). Modo sells through a freemium-to-Enterprise subscription motion (Free, Pro, Business, Enterprise tiers with 4x and 40x Ko token allowances and quarterly resetting forecast usage limits), supplemented by licensed benchmarks used as settlement references for PPAs, performance guarantees, and hedging products, and by usage-based API access. Coverage spans 14 power markets (ERCOT, CAISO, MISO, PJM, SPP, NYISO, ISONE, Great Britain, Germany, Spain, France, Italy, Poland, Australia NEM), with a stated plan to expand to 20 markets following a £25M Series B in December 2025 led by Molten Ventures. The customer roster includes Goldman Sachs, JP Morgan, Apollo, CIBC, Shell, EDF, Ørsted, Constellation, GE, Canadian Solar, Gore Street Capital, Gresham House, Danske Commodities, Field, Quinbrook, and Jupiter Power. Certifications include SOC 2 Type I, ISO 27001, Cyber Essentials, B Corporation, and One Percent for the Planet membership.

Modo generates revenue through four intersecting streams. The primary model is recurring subscription access to the Terminal, with published Free, Pro, Business, and Enterprise tiers priced on monthly and annual cadences; the freemium tier serves as a top-of-funnel land motion, while Business and Enterprise contracts are sales-assisted and frequently multi-year. A second stream is licensed benchmarks and custom indices, where Modo's FCA-authorised ME BESS GB family (base, 1H, 2H) and customer-built indices are used as independent settlement references for PPAs, performance guarantees, and financial hedging products, generating licensing and royalty-style revenue. Third is usage-based API and data access, monetised through API tokens and the MCP server covering asset data, indices, forecast data, and operational BESS data. Fourth is content and research distribution, supporting lead generation and brand authority through the Transmission podcast, Energy Academy, Weekly Dispatch newsletter, and live events. Go-to-market is hybrid: a self-serve Terminal with free signup and work-email gating, an enterprise demo-led sales motion, and a developer/API channel. The team comprises 70+ power market analysts, data scientists, and engineers across London (HQ and FCA-authorised entity), New York, Madrid, and Sydney.

Name

Modo Energy

Legal name

Modo Energy (Benchmarking) Ltd.

Website

https://modo.energy

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Modo Energy is an AI-native, FCA-authorised energy asset intelligence platform that provides regulated benchmarks, long-term revenue forecasts, and research on battery storage and renewables to investors, developers, lenders, and operators across 14 power markets.

Ownership category

akta.pro rank

Product category

Energy Market Intelligence / Energy Asset Analytics

NAICS

Electric Power Generation, Transmission and Distribution (2211)

akta.pro primary industry

Battery Analytics, Digital Twins, SoH/SoC Estimation & Degradation-Aware Dispatch (EUAFAKAK)

akta.pro secondary industries

Energy Storage Asset Management (BESS/PCS/EMS) (EUAEAMAE), Ancillary Services Aggregation & Bidding Optimization (DER/VPP participation) (EUAFALAJ)

Keywords

• Energy market intelligence
• Battery storage benchmarks
• Renewable asset analytics
• Power market research
• Energy forecasting platform

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Subscription Plans (Pro, Business, Enterprise): Recurring subscription tiers including Pro, Business, and Enterprise, with usage allowances that scale across plans (Business and Enterprise at 40x the Free allowance; Pro at 4x). Adds-on such as Forecast library, Forecast model, and Power prices & worldview available at higher tiers.
2. Free Plan (Freemium): Free tier with no credit card required, providing base access to the Terminal, global market data, research, Energy Academy, daily briefings, and limited AI/Ko usage. Functions as a top-of-funnel land motion for converting teams to Pro, Business, or Enterprise.
3. API and Data Access: API access to BESS asset data and revenues, index/benchmark data, forecast data, market and system data, and operational BESS data in the Australian NEM. Distributed via API tokens and the Modo Energy MCP server.
4. Licensed Benchmarks and Custom Indices: Licensed indices used as independent settlement references for power purchase agreements, performance guarantees, and financial hedging products. Custom indices (created on a Personal or Company basis) and the API extend the same data assets.

Pricing tiers

Go-to-market motion4 records

Distribution channels1 record

Marketing channels10 records

Core offering

Modo Energy sells an AI-native energy asset intelligence platform (the Modo Energy Terminal) that combines FCA-regulated battery storage benchmarks (e.g., ME BESS GB index family), bankable long-term revenue forecasts, in-house power market research, and the Ko AI analyst to help investors, developers, lenders, and operators benchmark, value, and underwrite battery storage and other electrification assets across 14 markets including ERCOT, CAISO, Great Britain, Germany, and Australia NEM.

Product overview

Modo Energy operates a platform-plus-modules architecture built around a unified web workspace called the Modo Energy Terminal. The Terminal houses the company's three flagship commercial offerings — Regulated Benchmarks (FCA-regulated, IOSCO-aligned index products), Bankable Forecasts (long-term, financing-grade revenue forecasts that incorporate battery-dispatch and capacity-expansion optimization), and Analyst Insights (expert power-market research) — together with supporting modules for Indices & Benchmarks (including a Custom Index tool), Forecasts (with the Plotter / Data & Forecasts Explorer, asset auto-population, forecast duplication and Virtual Asset modelling), and the Asset Library. Layered on top of the Terminal is Ko, an AI analyst for energy investment decisions that uses retrieval-augmented generation over Modo's data and offers Agent and Co-Pilot modes. The platform is complemented by two programmatic interfaces — the public Modo Energy API (documented at developers.modoenergy.com) and the Modo Energy MCP Server (mcp.modoenergy.com/mcp), which connects Modo's data to external AI assistants such as Claude, ChatGPT, Microsoft Copilot, Claude Code, and Cursor — plus supporting content products (Energy Academy, the Transmission podcast, and the Weekly Dispatch newsletter).

Differentiator

Problem solved

Functional benefit

Brands

• Ko: AI analyst designed for energy investment decisions, built into the Modo Energy Terminal.
• Transmission

Products and services

• Modo Energy Terminal Modo Energy's unified web workspace that brings together regulated benchmarks, bankable forecasts, analyst insights, asset library, indices & benchmarks, forecasts, and the Ko AI analyst for energy professionals across asset management, structured finance, asset development, and optimisation & trading use cases.
• Ko AI Analyst Modo Energy's in-product AI analyst designed for energy investment decisions. Ko answers natural-language questions grounded in Modo's proprietary datasets, benchmarks, and research with cited sources, and offers Agent and Co-Pilot modes for autonomous and assisted workflows.
• Regulated Benchmarks Independent, FCA-authorised (Firm no. 1042606) and IOSCO-aligned benchmarks for measuring revenue performance of battery energy storage and other energy assets, including the ME BESS GB, ME BESS GB 1H, and ME BESS GB 2H indices.
• Bankable Forecasts Transparent, long-term revenue forecasts for energy assets built on a Capacity Expansion Model, a Production Cost Model, and a Dispatch Model that simulate power system dispatch and battery optimisation through 2050; approved by major banks for project underwriting and used by investment funds for NAV calculation.
• Analyst Insights Power market analysis written by Modo Energy's in-house experts, published as research articles within the Terminal and accompanied by interactive plots; cited by Bloomberg, the Financial Times, and the Wall Street Journal.
• Modo Energy MCP Server Public Model Context Protocol server at https://mcp.modoenergy.com/mcp that lets external AI assistants and developer tools (Claude, ChatGPT, Microsoft Copilot, Claude Code, Cursor) query Modo Energy's regulated benchmarks, forecasts, market data, and research via OAuth 2.0 with read-only access across 14 markets.
• Modo Energy API Public developer API documented at developers.modoenergy.com/docs, providing programmatic access to Modo Energy's BESS asset and revenue data, index and benchmark data, forecast data, market and system data, and operational BESS data in the Australian NEM.

Quantifiable outcome

• Asset-derived benchmarks with P10, P50, P90 distributions across GB, ERCOT, and Australia, with GB benchmarks updated every 30 minutes.
• +3 more outcomes

Named customers16 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core, flagship and minor.

• Anthropic (Claude Sonnet 4.6)coreTechnology or IntegrationAnthropic's Claude Sonnet 4.6 model powers Ko's answers; Anthropic does not retain prompts or responses by default and does not use Ko data for training.
• OpenAIcoreTechnology or IntegrationOpenAI converts user queries into searchable form to find relevant Modo data; receives only the search query, no retention, no training use.
• AWSflagshipTechnology or IntegrationAWS hosts and stores Ko data in AWS London (encrypted at rest) with encrypted backups in Ireland; acts as Modo's primary infrastructure provider.
• ACCUREminorStrategic or Co-development PartnerCo-published analysis of operating data from LFP battery energy storage fleets in Great Britain and Texas with Modo Energy, finding that eliminating State of Charge (SOC) estimation drift can boost BESS revenue by up to 11%.
• Microsoft (Copilot Studio)coreGTM or Marketing PartnerMicrosoft Copilot Studio is officially supported as a host for the Modo Energy MCP server, enabling Modo data and research to be embedded in Microsoft AI workflows.
• Anthropic (Claude / Claude Code)coreGTM or Marketing PartnerModo Energy's MCP server is supported natively in Claude (claude.ai) and Claude Code, with documented setup instructions for organisations and individual users.
• OpenAI (ChatGPT)coreGTM or Marketing PartnerModo Energy's MCP server is supported in ChatGPT (Plus, Pro, Business, Enterprise, Edu plans) via Developer mode and the custom connector flow.

Scale indicators9 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• BloombergNEF (BNEF): BNEF is the dominant subscription-based energy market intelligence provider, covering power markets, renewables, and battery storage globally. Most directly comparable to Modo's Terminal/Analyst Insights product for institutional energy investors, developers and lenders.
• S&P Global Commodity Insights (Platts): Platts is the global standard for energy commodity benchmarks and indices, with adjacent power and battery storage analytics. Closest peer to Modo's FCA-regulated index family and bankable long-term forecasts, but at significantly larger scale and broader asset coverage.
• Wood Mackenzie: Wood Mackenzie is a leading energy research and consultancy firm covering upstream, power, renewables and energy transition. Closely comparable to Modo's research/forecast subscriptions for project finance, M&A diligence, and asset benchmarking — though broader in scope and asset class coverage.
• Energy Aspects: Energy Aspects is an independent energy market research firm providing fundamental analysis across oil, gas, power and renewables. Closely comparable to Modo's power-market analyst insights and bespoke forecast work serving traders, developers and asset managers.
• ICIS: ICIS is a global energy and commodities pricing/benchmark provider, part of LexisNexis Risk Solutions. Comparable to Modo's regulated benchmark offering for energy assets, with overlapping customer base in trading desks and corporate energy buyers.
• Pexapark: Pexapark provides renewable PPA pricing, benchmarking and risk management for wind and solar assets across Europe. Most directly comparable to Modo's Bankable Forecasts and Custom Index products used for PPA settlement and portfolio benchmarking — narrower asset class focus than Modo.
• LCP Delta: LCP Delta is a specialist power markets and energy flexibility analytics firm with strong UK/European coverage. Comparable to Modo's power-market analytics and forecasts for asset developers, flexibility aggregators, and corporate energy buyers.

Emerging players

• Accure Battery Intelligence: Accure provides battery analytics and safety software for BESS operators, including SOC estimation and degradation analytics. Partial overlap with Modo's battery revenue/asset analytics; Accure is already a documented Modo co-publication partner on LFP operating data analysis.
• Stem Inc. Stem (Smart Energy) combines BESS hardware/optimisation with AI-driven energy intelligence software for commercial and industrial customers. Comparable on the AI analytics and battery dispatch optimisation layer, but Stem is also a BESS operator/service provider rather than a pure analytics vendor.

Broad incumbents

• Fluence: Fluence is a global BESS integrator and software provider (Mosaic platform) operating across 40+ markets. Overlaps with Modo on dispatch optimisation and asset performance benchmarking, but competes primarily as a hardware-plus-services incumbent rather than a pure analytics subscription business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ModoEnergy
• YouTubeyoutube.com/@modoenergy
• LinkedInlinkedin.com/company/modo-energy

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds5 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modo Energy