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Battery energy storage systems are especially vulnerable to tariffs, according to Wood Mackenzie and Anza Renewables. Data from the two firms showed a sharp increase in BESS costs last quarter.
The potential surplus for the Midcontinent Independent System Operator ranges from 1.4 GW to 6.4 GW next summer, but uncertainty clouds the longer-term outlook, according to the OMS-MISO survey.
Difficult market conditions, including uncertainty created by the Trump administration, prevented the company from accessing needed capital, company officials said in the bankruptcy filings.
AI and new manufacturing are expected to drive a surge in load growth over the coming years that will require major investments in generation and transmission. Explore the progress to renewables in this Trendline.
