The exchange has launched the TBx Index suite, comprising the TB2 and TB4 benchmarks, to measure the value battery storage assets can capture from intraday price spreads in European wholesale electricity markets.
European electricity exchange Epex Spot has launched the TBx Index suite, a benchmark intended to measure the value that battery and energy storage assets can derive from trading in wholesale power markets. The introduction of the benchmark comes amid continued growth in battery storage capacity The indices became available from 10 July and are designed to reflect the ability of storage assets to capture price spreads within a single trading day. According to Epex Spot, the introducti