Which international trade issues will remain a concern for energy storage projects?

Two major areas of international trade that will remain causes of concern for energy storage projects are the application of tariffs and supply chain integrity.

How does tariff risk affect a battery energy storage system (BESS) project?

Mitigating tariff risk in battery energy storage system (BESS) projects is crucial for ensuring project financial viability, as tariff changes can significantly affect cost structures and overall project economics.

Could a new export ban slow progress towards sustainability?

The proposed export ban comes at a critical moment in the global energy transition. With many industries attempting to accelerate their movement away from fossil fuels, such technological restrictions could potentially slow progress towards sustainability goals. Dr Tara Lindstedt, Chief Development Officer at InoBat, is an expert in this industry.

What challenges will China's energy-storage industry face in 2025?

China’s energy-storage industry is facing challenges in 2025 due to the escalating US-China trade war and tariffs affecting exports to the US, its largest market. Analysts from WaterRock Energy Economics project a 10-20% reduction in capital spending in the sector this year.

Will US tariffs affect energy storage?

There have also been indications that the US administration may consider other tariff proposals impacting energy storage, such as a 10–20% universal tariff, tariffs of up to 60% across the board on Chinese-origin goods, and tariffs of 25% on Mexican and Canadian origin goods.

Are battery supply chains affecting the Global Sustainability Outlook?

Any disruption to the battery supply chains may have consequences for the worldwide sustainability outlook (Credit: ABT) Batteries form the backbone of the global transition to sustainability, powering EVs and renewable energy storage systems.