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Energy Storage News•14 days ago

•BESS financing is currently robust, benefiting from struggles in other clean energy segments and policy uncertainty in the US market.
•Fidra Energy is developing the 1.4GW/3.1GWh Thorpe Marsh project in the UK, positioning it as one of Europe's largest BESS facilities.
•The CEO's insights highlight a broader trend where investment capital is favoring BESS due to perceived stability and clearer financial pathways.

storage

CleanTechnica•14 days ago

•Major automakers have written off $55 billion in EV investments, indicating a significant overestimation of EV demand and slower-than-anticipated adoption rates.
•This slowdown in EV growth implies a potential reduction in projected electricity demand from transportation, impacting long-term load forecasts for grid planning and new generation/storage development.
•Power developers and large power consumers should re-evaluate their assumptions regarding future electricity demand growth driven by transportation electrification, potentially leading to adjustments in project pipelines and investment strategies.

storage

CleanTechnica•14 days ago

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