As federal policy pulls back on renewables, storage is becoming a fast-growing solution for reliability and load growth. (E&E News)
By the numbers: Batteries are expected to supply roughly 25% of new grid capacity in 2025, with Q2 installs 63% higher than last year. Falling costs make them increasingly competitive with new gas peakers.
Read the room: The GOP’s budget bill cut wind and solar subsidies but preserved a storage tax credit through 2033. Coming “foreign entity of concern” rules will tighten sourcing requirements, creating a near-term rush to get projects in the ground.
Despite the boom, Energy Secretary Chris Wright remains skeptical, suggesting batteries increase the costs of renewables “five- to fifteen-fold.”