The battery storage sector is [finally] stabilizing with 90% of the IRA tax credit rules now in place, providing developers more clarity and perhaps more certainty. However, domestic production, financing, and evolving tax credit policies still pose challenges, particularly to product development. As developers, you must contend with government policies, geopolitical tensions, supply chain disruptions, and safety concerns, all of which can delay projects and affect their long-term viability. And battery suppliers/manufacturers are all sorting out the wants versus the needs of developers as the market gets increasingly crowded & pushes the envelope on size & density.

In a recent live discussion, Fluence President John Zahurancik addresses these complexities, highlighting efforts to expand U.S. battery production and improve safety through rigorous fire safety testing.

Expect to learn:

How storage wasn’t traditionally driven by policy, until the IRA & 45x, but policy is now reshaping storage projects and driving domestic production.
Why 4-hour storage systems are most common and what’s needed to advance longer-duration technologies.
What is the potential impact of the upcoming election on renewable energy and trade policy.

To watch this and other insightful conversations recorded live at the PowerUp Live Podcast Stage in Anaheim during RE+ 2024, check out www.suncast.live!

If you want to connect with today's guest, you’ll find links to his contact info in the show notes on the blog at https://mysuncast.com/suncast-episodes/.

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Mentioned in this episode:

CPS July 2024 V2

749: 45X-tra Things To Worry About With Battery Storage In 2025, John Zahurancik | Fluence

SunCast

749: 45X-tra Things To Worry About With Battery Storage In 2025, John Zahurancik | Fluence