2Q 2025

ERCOT Renewables & BESS Update

The passage of the OBBBA is a tectonic shift - how is the market reacting?

2Q 2025 - ERCOT

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While forward prices trended higher in Q2, regulatory uncertainty coupled with a significant deterioration in renewables shape value hampered deal flow. The passage of the OBBBA marked a turning point for the sector, presaging higher power prices amid a more challenging project development landscape.

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