Why is the battery industry investing in the United States?

The industry’s investment will advance a manufacturing expansion in the United States with the aim of enabling American-made batteries to meet 100% of domestic energy storage project demand.

Why is battery energy storage important?

“Battery energy storage is key to meeting America’s rapidly expanding electricity needs,” said Craig Cornelius, President and CEO of Clearway Energy Group. “As we deploy energy storage at record pace, this investment reflects the industry’s commitment to building these critical grid infrastructure projects with American-made batteries.”

How will trump's energy investment impact the battery industry?

This investment is expected to fuel the creation of 350,000 jobs across the battery energy storage industry and transform the United States into a global battery manufacturing leader. This announcement aligns with actions taken by the Trump Administration to unleash American energy and develop critical minerals in the United States.

Which companies are expanding or building new battery facilities?

ACP said companies that are already expanding or building new battery facilities include Tesla in Nevada, Fluence in Tennessee, LG Energy Solution in Michigan and Form Energy in West Virginia. "We need clean power, we need more power and we need the ability to store power," West Virginia Senator Shelley Moore Capito said at the event.

How can a large-scale battery storage system improve power supply?

Renewable energy, especially solar, has become one of the cheapest and fastest ways to add more power supply. Large-scale battery storage helps to overcome the challenges from the intermittent nature of energy derived from the sun and wind, allowing power companies to match supply with times of peak demand.

Why is the energy storage industry important?

“The energy storage industry is providing essential power when needed most while boosting domestic manufacturing and creating jobs across the country,” said Jason Grumet, CEO of ACP.