U.S. Energy Storage Industry Commits $100 Billion Investment

A coalition of U.S. energy storage companies, represented by the American Clean Power Association (ACP), has announced a $100 billion commitment to invest in manufacturing and purchasing domestically produced grid batteries, aiming to create 350,000 jobs and supply all U.S. energy storage projects with American-made batteries by 2030. This major investment is intended to reduce the sector’s significant reliance on Chinese imports, which currently supply the majority of battery components, but industry leaders warn that achieving these goals hinges on stable tax, tariff, and permitting policies from Washington. The battery storage industry is seeking a balanced approach to trade policy, as recent increases in tariffs on Chinese imports could disrupt current supply chains before domestic manufacturing is fully scaled. Large-scale battery storage is essential for grid reliability, supporting the integration of renewable energy sources like solar and wind, and helping utilities meet rising electricity demand, especially during peak periods and extreme weather events. While companies including Tesla, Fluence, LG Energy Solution, and Form Energy are already expanding U.S. battery manufacturing facilities, industry leaders stress that a transition to a wholly American supply chain will require both time and consistent policy support. The investment is positioned as a crucial step for enhancing U.S. energy security, affordability, and international competitiveness in battery technology.