FT Energy Source
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?
Energy Source is FT's trusted destination on essential news, forward-thinking analysis and insider intelligence around the world's most indispensable business. The channel combines independent reporting by FT journalists with expert insights from global electricity group Iberdrola.
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FT Energy Source
FT Channels, a partnership destination that combines impactful and enriching multimedia content to spark curiosity and encourage discovery. Each vertical brings expert insights from the Financial Times and our Partners into the most pressing issues of our time.
Energy Source is FT's trusted destination on essential news, forward-thinking analysis and insider intelligence around the world's most indispensable business. The channel combines independent reporting by FT journalists with expert insights from global electricity group Iberdrola.