BusinessJuly 16, 2026
tolling
/ˈtoʊlɪŋ/
Definition
A business model where a facility owner charges a fee to other parties for the use of their infrastructure to store or process energy.
Etymology
Derived from the Middle English 'toll,' referring to a tax or fee for a privilege, which traces back through Old English to the Late Latin 'teloneum' or 'customhouse'.
In the news
In the article, the company mentions 'tolling revenue streams' to describe how they generate consistent, predictable income by allowing others to use their energy storage assets.
Energy Vault Appoints Senior Capital Markets Veteran Nitin Dahiya from BlackRock as Chief Financial Officer as its Global Energy Infrastructure Growth Accelerates
Read the full article ↗Business Wire