Dec 2, 2024 - Texas` battery storage: a boom and bust market?
Investment in battery storage systems across the US has surged in 2024, especially in Texas. The FT`s Myles McCormick looks at how climactic conditions that lead to a fluctuating power supply, combined with the state`s low-regulation, business-friendly energy market has created ideal conditions to build battery storage sites quickly and at scale. But are we looking at a boom-bust market?