DATA CENTRES TO DRIVE ENERGY STORAGE 'BOOM CYCLE' IN NEXT FIVE YEARS, UBS SAYS
https://media.zenfs.com/en/reuters.com/b042c8d36642a684728d6be6d9def88d
āļø UBS Securities predicts a 'boom cycle' for energy storage in the next five years due to growing demand for AI data centers in the US, driven by the need to smooth out fluctuations from wind and solar generation.
š Global energy storage demand could increase 40% year-on-year in 2026 š Demand for AI data centers in the US is driving energy storage demand š Chinese energy storage manufacturers have a 20% market share in the US š Emerging markets could see faster growth rates of 30% to 50% or more š Foreign entity of concern requirements in President Trump's One Big Beautiful Bill are a risk for Chinese exports
-- #YanYishu #ColleenHowe #PresidentTrump #Beijing #HongKong #US #MiddleEast #LatinAmerica #Africa #SoutheastAsia #China #technology
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