Battery Cost Dynamics
Retail fund flows are significantly influenced by sentiment, as seen when ESG ETF inflows dipped following critical remarks from a high-profile figure. While battery costs rose in 2022, the manufacturing costs for batteries increased by only 7%, contrasting with a 25% rise in overall energy storage system costs due to various inflationary pressures. Despite these challenges, developers remain optimistic, finding that the grid benefits and return on investment still justify their market participation.In this clip
From this podcast
Catalyst with Shayle Kann
2023 trends: biomass, ESG, batteries and more
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