NEWS: Grid Battery Installations May Decline by 29% Due to Congressional Actions
Utility-scale energy storage is projected to experience a significant decrease of nearly 30% next year, primarily due to tariffs and possible rollbacks of essential tax credits in Congress. This analysis comes from Wood Mackenzie and the American Clean Power Association (E&E News).
This anticipated decline marks a stark contrast to the first quarter of this year, when energy storage saw unprecedented growth, adding a record 2 GW and achieving a remarkable 57% annual increase in utility-scale battery installations.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/grid-battery-installations-at-risk-of-29-drop-amid-congressional-actions-and-trump-policies/
