Battery profits and the new carbon tax

In this episode, we explore why DIF Capital Partners is divesting its significant renewable assets in Australia. Meanwhile, Community Windpower halts its 308MW onshore wind farm project in Scotland, citing increased construction costs and the UK's windfall tax as pivotal factors making the project commercially unviable.In the policy arena, we examine the UK Crown Estate's expansion of its Celtic Sea floating wind auction to 4.5GW and discuss its broader implications for the development of new floating offshore wind technologies. Additionally, we delve into the German Federal Ministry of Transport's recent electric vehicle charging network tender, highlighting its impact on the European EV market.We also attempt to decipher the European Union's Carbon Border Adjustment Mechanism, examining its objectives, potential challenges, and what it will mean for those who have to do business across the EU border.  Finally, we turn our attention to the UK's declining profits in the Battery Energy Storage System sector despite its critical role in supporting the country's growing reliance on renewable energy. Amidst market saturation and plummeting prices, we explore how operators are shifting strategies to adapt to the new market dynamics.Learn more about our upcoming events here.Hosted by:Oliver Carr - Lead AnalystDila Cebeci - Senior AnalystAshkenaz Al - Reporter Reach out to us at: podcasts@inspiratia.comFind all of our latest news and analysis by subscribing to inspiratiaListen to all our episodes on Apple Podcasts, Spotify, and other providers. Music credit: NDA/Show You instrumental/Tribe of Noise©2024 inspiratia. All rights reserved.This content is protected by copyright. Please respect the author's rights and do not copy or reproduce it without permission.