Fact Sheet

U.S. Energy Storage Industry to Invest $100 Billion in American Grid Batteries

The energy storage industry has announced a historic commitment to invest $100 billion in building and buying American-made grid batteries, including capital for new battery manufacturing facilities and procurement of American-made batteries. This investment represents a clear pathway to supplying 100% of U.S. energy storage projects with American-made batteries by 2030.

The energy storage industry is laying the groundwork for a domestic battery energy storage supply chain, building or expanding more than 25 manufacturing facilities for grid-scale energy storage. This investment will transform the U.S. into a global grid battery leader, driving economic growth and competitiveness.

As communities 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.

Read the full press release: U.S. Energy Storage Industry Commits $100 Billion Investment in American-Made Grid Batteries

Key Benefits of Energy Storage

Critical resource to keep pace with the AI race, allowing economic development driven by technology to flourish without sacrificing reliability.
Cost savings: In 2024, Texas saved over $1 billion in energy costs.
Grid reliability: Powers communities through adverse weather and grid events. Batteries are a critical part of grid stability and reliability, ensuring the lights stay on.
Industrial and manufacturing support from metals manufacturing in West Virginia to new data centers and AI infrastructure in Texas and Arizona.
Widespread adoption: 31 states have energy storage projects under construction
Supports American energy dominance: With deployment momentum adding 11+ GW in 2024, reaching ~29 GW total capacity. Forecasts for grid-scale storage installations predict 13.3 GW in 2025 and over 100 GW by 2030.

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