Are the Expected Trump Tariffs Going to Cripple the Power Energy Sector?

Utility Dive: Brian Martucci

Tariffs-Energy-Storage
Image: Utility Dive-Nikada via Getty Images

The threat of trade tariffs by the Trump administration are causing disarray, madness and confusion with the Power Energy markets, and particularly the battery energy storage sector. With no major signs of improvements in inflationary pressures, will new tariffs aid or harm the somewhat “booming energy storage industry?”

How will new imposed tariffs affect the nations battery storage performance and valuation based on cost fluctuations for batteries, energy storage demand (variations for new orders), goods for raw materials (delays in supply chain), and so on?

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The Forecast for Renewable Resources Could Rise 300 Percent Based on Future Energy Demands

NBCNews.com – Energy, Spencer Kimball (CNBC)

NBC-News-Renewables-Farm-Palm-Springs-CA-Getty-Images
NBCNews.com-Renewables Farm, Palm Springs, CA (Mario Tama-Getty Images)

“Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of artificial intelligence, NextEra Energy CEO John Ketchum said Wednesday.

NextEra added 3,000 megawatts of renewable and storage projects to its order backlog in the second quarter. Of those, 860 megawatts — or 28% — come from agreements with Google to power the tech company’s data centers.”

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More Companies Are Increasing Cyber Attack Response Plans Due to AI-Generated Attacks

SecurityInfoWatch.com (SIW) – Cybersecurity

SIW-Cybersecurity-AI-Deep-Fake-Attacks
SIW-Cybersecurity (AI-Driven Deep Fake Attacks)

Due to the rise in AI assisted cyber security attacks, companies’ IT departments have had to up their game-protection against these threats. “This concern stems from the growing sophistication of AI-driven impersonation attacks that can undermine traditional security measures like biometric authentication, which were previously considered highly secure but are now being called into question.

As AI-generated deepfake attacks and identity fraud become more prevalent, companies are developing response plans to address these threats. In fact, according to GetApp’s 2024 Executive Cybersecurity Survey of over 2,600 global IT and cybersecurity professionals, 73% of US respondents report that their organization has developed a deepfake response plan.”

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