Will US energy storage industry invest $100 billion in batteries?

Courtesy of Salt River Project The U.S. energy storage industry will invest $100 billion over the next five years to build and buy batteries made in the United States, the American Clean Power Association and company representatives said Tuesday.

Will America supply 100% of energy storage projects with American-made batteries?

The commitment “represents a clear pathway to supplying 100% of U.S. energy storage projects with American-made batteries by 2030,” but depends on a “streamlined permitting environment” and predictable tax and trade policy, ACP said.

What is the US energy storage monitor?

A few tips before you get started... The US Energy Storage Monitor is a quarterly publication of Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP). Each quarter, new industry data is compiled into this report to provide the most comprehensive, timely analysis of energy storage in the US.

What does ACP's $100 billion commitment to domestic energy storage look like?

The industry’s $100 billion commitment to support domestic energy storage production “demonstrate [s] what success can look like,” ACP CEO Jason Grumet said in the briefing. Right now, he added, many industry players are in a holding pattern until more clarity develops around tax and trade policy.

Does plus power have a battery storage project?

Plus Power’s 250-MW Sierra Estrella battery storage project in Avondale, Arizona. The U.S. energy storage industry will invest $100 billion over the next five years to build and buy batteries made in the United States, the American Clean Power Association and company representatives said April 29, 2025. Courtesy of Salt River Project

How is the energy storage industry preparing for a grid-scale energy storage supply chain?

The energy storage industry is making significant progress in laying the groundwork for a domestic battery energy storage supply chain, building or expanding more than 25 manufacturing facilities for grid-scale energy storage. With today’s investment commitment, the industry has announced plans to rapidly expand ongoing efforts.