energy-storage.news
BloombergNEF: US midterm results likely a ‘net positive’ for BESS despite data centre headwinds
BloombergNEF analyst Derrick Flakoll reports that the U.S. midterm election, which gave Democrats control of both chambers, is likely a net positive for the battery energy storage system (BESS) sector. He dismisses concerns that new state governors could use air permits to block data‑centre development, noting such permits rarely halt projects. Flakoll explains that BESS projects can still qualify for federal tax credits if built before 2033 and sourced domestically. He also downplays the Bipartisan American Affordability [...]