By ESS news
The conflict in the Gulf has led to a structural shift in global energy markets that extends beyond short-term volatility. Attacks on liquefied natural gas (LNG) infrastructure have increased the impact on energy markets after an initial focus on temporary logistics disruptions, according to Pexapark. War between Israel, the United States and Iran now could pose medium-term supply risks.
It’s a shift that has direct implications for electricity markets, power purchase agreements (PPAs) and the battery energy storage systems (BESS) sector.
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