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U.S. Energy Storage Deployments Set Quarterly Record
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U.S. deployments of battery energy storage systems continued growing in the second quarter, buoyed by growth in utility-scale capacity.
By Daniel Levin, Assistant Editor
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When national energy security is at a premium, the U.S. Army commits $2.2 billion to microreactors at five bases by 2028, Canadian Solar sees BESS as promising, as does Saudi Arabia, who is investing significantly in such. Countries are looking to acquire insulation against the expanding Hormuz and Eastern Europe supply-chain shocks.
The uncomfortable question is who cannot buy it and what the fallout will be across industrial and energy markets -- the importer, the island, those downstream of a chokepoint it never chose.