BrenX cites IEA report calling thermal storage “increasingly promising” for industrial electrification

• BrenX highlighted an IEA Electrification report that calls thermal storage an increasingly promising option for industrial heat electrification.
• IEA estimates nearly 40% of fossil fuel-based low- and medium-temperature industrial heat could be electrified cost-effectively under current conditions.
• Report flags renewables-driven periods of very low wholesale power prices as a potential catalyst for improving electrification economics.
• Grid connection delays and local network capacity could become a binding constraint on the pace and scale of industrial electrification.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brenx Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609230830NEWSFILECNPR____20260923_315621_1) on September 23, 2026, and is solely responsible for the information contained therein.