Battery energy storage is now a leading energy resource boosting electric grid reliability and keeping energy costs lower throughout the U.S. The energy storage sector is steadily laying the groundwork for a domestic battery energy storage supply chain, building or expanding more than 25 manufacturing facilities for grid-scale energy storage.
In concert with this trend, the American Clean Power Association (ACP), on behalf of the U.S. energy storage industry, announced a commitment to invest $100 billion into building and buying U.S.-made grid batteries. This action is expected to fuel the creation of 350,000 jobs across the battery energy storage industry and transform and supply 100% of domestic energy storage projects with U.S.-made batteries by 2030.
Source: ACP
Such energy storage is viewed as a path to optimizing existing power generation, lowering energy bills and hardening the grid against extreme weather events. As the economy grows, energy storage provides important peaking capacity, freeing up more gas generation to serve as base load and enabling more energy production.
Energy storage has also been critical for supporting U.S. industrial and technological prowess, from metals manufacturing to new data centers and artificial intelligence infrastructure. The need for energy storage resources continues to be strong nationwide, and 31 states currently have energy storage projects under construction.
