Battery bubble or boom? It’s complicated

18/12/2023 55 min Temporada 1 Episodio 80
Battery bubble or boom? It’s complicated

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Episode Synopsis

Tell us what you think of the show! Battery storage is booming in the U.S., and for good reason. So much intermittent renewable energy on the grid demands flexible resources to fill gaps. And, short of reverting back to fossil fuels, batteries are the best answer to support the energy transition.Investors have poured billions of dollars into battery storage development to cash in, largely based on speculative opportunities. But there's one problem: markets have been slow to evolve, leading to an uptick in consolidation and growing uncertainty about the path ahead.A battery bubble may be forming. What happens if it pops?Episode 70 of the Factor This! podcast answers that question by taking an intimate look at the two top battery markets in the U.S. — California and Texas — and their diverging trajectories. Guests:Jason Burwen, VP of Policy & Strategy, GridStorCody Hill, SVP, REV RenewablesRenae Steichen, Director of Regulatory Affairs, REV RenewablesWatch the full episode on YouTubeWant to make a suggestion for This Week in Cleantech? Nominate the stories that caught your eye each week by emailing [email protected]

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