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Policymakers are increasingly recognizing the value of energy storage for building a greener, flexible, and reliable energy system. In a growing number of markets, energy policies are being introduced to support both deployment and local manufacturing.
Be it through procurement exercises or other market mechanisms, policymakers have intensified efforts to drive the development and deployment of all energy storage solutions.
However, in most markets, some barriers still exist.
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Tariff uncertainty grips US battery development
The Trump administration’s China tariffs have piled atop existing and developing trade barriers on battery energy storage systems, components, and materials – destabilizing the US energy storage industry. While existing inventories will allow project development to move forward in the short term, uncertainty extends across the supply chain, including to prospective manufacturers.
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Tariff uncertainty grips US battery development
The Trump administration’s China tariffs have piled atop existing and developing trade barriers on battery energy storage systems, components, and materials – destabilizing the US energy storage industry. While existing inventories will allow project development to move forward in the short term, uncertainty extends across the supply chain, including to prospective manufacturers.
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