Jon Newman | Source | Manager, Product Strategy and Market Development at Fluence

That’s where we see most of the growth, most of the megawatts. Utilities directly owning projects are becoming more scarce and we see this as a trend that will continue. We are very bullish on this. We use the acronym VTL: virtual transmission line. You might see this also called storage as a transmission asset. In our view, this is a major growth opportunity for utilities to deploy capital and increase their resilience.