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

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

Energy Grid Storage Industry Investments Fact Sheet

Building a Pathway to 100% American-Made 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.

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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