U.S. energy storage industry commits $100 billion in domestic batteries
The U.S. energy storage industry has made a historic commitment to invest $100 billion into building and buying domestically produced grid batteries. Announced today by American Clean Power Association (ACP), this investment is expected to fuel the creation of 350,000 jobs across the battery energy storage industry and transform the United States into a global battery manufacturing leader.
This announcement aligns with actions taken by the Trump administration to “unleash American energy” and develop critical minerals in the United States. The industry’s investment will advance a manufacturing expansion in the United States with the aim of enabling American-made batteries to meet 100% of domestic energy storage project demand.
“The energy storage industry is providing essential power when needed most while boosting domestic manufacturing and creating jobs across the country,” said Jason Grumet, CEO of ACP. “Today’s historic commitment will invest billions of dollars into American communities and position the United States as a manufacturing leader in battery technology that is critical to national and grid security.”
The U.S. energy storage industry is committed to investing $100 billion in American grid batteries, including both capital for building new battery manufacturing facilities and procurement of U.S.-made batteries for energy storage projects. Through this commitment, the industry will advance U.S. battery manufacturing leadership, enhance energy security, provide energy affordability and reliability, and drive international competitiveness.
This investment represents a clear pathway to supplying 100% of U.S. energy storage projects with U.S.-made batteries by 2030. A pro-business environment, supported by stable tax and trade policy and streamlined permitting, is essential to the industry fulfilling this commitment.
Battery energy storage is now a leading energy resource boosting electric grid reliability and keeping energy costs low for families and businesses across the United States. Since FERC Order 841 was issued in 2018, energy storage deployment has grown 25x. The ongoing growth in energy storage deployment is driving investment in U.S. battery manufacturing facilities.
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.
As communities across the country grapple with skyrocketing energy demand, aging grid infrastructure, and concerns over reliability, battery energy storage is providing a ready-to-deploy solution to these challenges.
Energy storage optimizes all existing power generation, lowering energy bills and hardening the grid against extreme weather events like blizzards and heat waves. 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 American industrial and technological might, from metals manufacturing in West Virginia to new data centers and AI infrastructure in Texas and Arizona. The need for energy storage resources continues to be strong across the country, as 31 states currently have energy storage projects under construction.
“Form Energy is proud to be ramping up manufacturing at Form Factory 1 in Weirton, West Virginia, advancing our mission to strengthen the U.S. electric grid with domestically produced, multi-day energy storage. Situated on the historic site of the former Weirton Steel mill, a cornerstone of America’s industrial past, the newly built Form Factory 1 is proving that America’s greatest manufacturing epoch isn’t behind us. It’s unfolding now,” said Mateo Jaramillo, cofounder and CEO of Form Energy. “This investment in American manufacturing not only supports the creation of high-quality jobs in West Virginia but also ensures that the U.S. remains a leader in energy innovation. As the energy storage industry commits to investing $100 billion in American-made grid batteries by 2030, Form Energy is excited to play a key role in building a more reliable, resilient, and secure energy future for our country.”
Fluence also has invested in its U.S. manufacturing base.
“Fluence investments in American battery cell, module, enclosure, thermal management, and controls manufacturing are delivering domestic energy storage products starting this year and will help power U.S. economic growth for decades to come,” said John Zahurancik, Fluence president, Americas. “Our manufacturing facilities in Utah, Texas, Tennessee, and Arizona support more reliable and cost-effective energy production while creating a resilient U.S. supply chain that advances American innovation, jobs, and energy security. These investments are about building the future of energy, right here in the United States.”
LG Energy Solution has committed $1.4 billion to its production plan in Holland, Michigan, with additional investments and capacity expansion expected in the future.
“LG Energy Solution is fully committed to expanding U.S. energy storage manufacturing, with our fist factory lines expected to begin production in 2025 in Holland, Michigan, where we will adapt existing lines to provide 16.5 GWh of ESS batteries, with an additional 11 GWh of capacity planned for the beginning of 2026,” said Jaehong Park, CEO, LG Energy Solution Vertech. “We have expanded our investment in U.S. manufacturing to meet rising demand.”
Stephanie Smith, COO of Eolian, a utility-scale battery energy storage project developer, explains how this investment impacts build-out.
“Battery energy storage is keeping the lights on and costs low for consumers across the county. Developers are committed to sourcing batteries made in America to deploy this essential energy resource to more Americans for energy stability and cost savings in the face of increasing demand,” Smith said. “As manufacturers begin ramping up domestic supply, streamlining federal and state policies and permitting processes will make the difference in getting this industry moving quickly and competitively.”
Investing in battery production will help address expanding energy demand in the United States, according to Craig Cornelius, president and CEO of Clearway Energy Group.
“Battery energy storage is key to meeting America’s rapidly expanding electricity needs,” Cornelius said. “As we deploy energy storage at record pace, this investment reflects the industry’s commitment to building these critical grid infrastructure projects with American-made batteries.”
