WASHINGTON, D.C., April 29, 2025 — In a landmark announcement, the American Clean Power Association (ACP), representing the U.S. energy storage industry, declared a $100 billion investment initiative to develop, manufacture, and deploy American-made grid batteries. This sweeping commitment aims to meet 100% of U.S. energy storage demand with domestic products by 2030, transform the nation into a global battery manufacturing powerhouse, and create over 350,000 new jobs.
The initiative marks a turning point in American energy policy and industrial strategy. It supports both the Biden-era clean energy goals and aligns with continued Trump Administration efforts to encourage domestic production and secure critical minerals within U.S. borders.
Strategic Goals of the $100 Billion Investment
At its core, the plan has four key goals:
- Establishing a resilient U.S. battery supply chain
By building and expanding over 25 battery manufacturing facilities, the industry aims to localize production and reduce dependence on foreign suppliers. - Enhancing national energy security
Domestically sourced batteries will strengthen U.S. grid reliability, reduce supply chain disruptions, and better protect against geopolitical volatility. - Creating economic opportunities
With over 350,000 jobs projected, this investment will revitalize American manufacturing hubs, from steel towns in West Virginia to high-tech corridors in Arizona and Michigan. - Enabling a full transition to clean energy
Batteries are essential to integrating solar and wind into the grid, storing surplus energy, and providing backup power during peak demand or extreme weather.
ACP CEO Jason Grumet emphasized the historic nature of this commitment:
“This industry is delivering critical power where and when it’s needed most. Today’s announcement invests in American communities and solidifies our leadership in energy technology essential to national and grid security.”
Why Now: The Rising Demand for Grid-Scale Storage
Since FERC Order 841 was enacted in 2018, enabling energy storage to participate in wholesale power markets, the U.S. energy storage capacity has grown 25-fold. With over 31 states actively building storage projects, the U.S. is witnessing explosive growth in demand.
This investment responds to that demand while addressing the challenges of:
- Aging grid infrastructure
- Skyrocketing energy needs
- Increasing grid reliability concerns
- Rising climate-related disasters
Grid-scale batteries serve as peaking capacity, stabilizing voltage, balancing supply and demand, and backing up renewable power sources during outages or poor weather conditions.
From Weirton to Texas: A National Manufacturing Movement
Form Energy, a leading storage technology firm, is already putting this investment to work. CEO Mateo Jaramillo unveiled the company’s Form Factory 1 in Weirton, West Virginia—built on the site of the former Weirton Steel mill.
“America’s greatest manufacturing era isn’t behind us—it’s happening now,” Jaramillo said. “With multi-day storage produced domestically, we’re securing the grid while honoring our industrial legacy.”
Other major players also voiced their commitment:
- Fluence is manufacturing battery cells, modules, and thermal management systems in Utah, Texas, Tennessee, and Arizona.
- LG Energy Solution Vertech is investing $1.4 billion in its Holland, Michigan facility to produce up to 27.5GWh of energy storage batteries by 2026.
- Eolian COO Stephanie Smith stressed the importance of streamlining permitting processes to accelerate deployment across all 50 states.
- Craig Cornelius, CEO of Clearway Energy, emphasized that “Battery storage is now the backbone of America’s grid expansion.”
These projects exemplify how a shared national commitment—spanning technology providers, developers, and policymakers—can ignite the next industrial energy revolution.
Federal Support: Tax Policy, Permitting, and Trade Stability Needed
While the $100 billion investment comes from the private sector, its success depends heavily on stable public policy.
To meet the 2030 goal, the industry calls for:
- Stable tax incentives (such as the Investment Tax Credit)
- Supportive trade policies to boost domestic supply chains
- Streamlined federal and state permitting to cut down red tape and enable fast project approvals
Such a coordinated approach ensures both capital and policy are working in tandem, accelerating job creation and infrastructure deployment.
Energy Storage as the Cornerstone of a New Energy Economy
Battery storage is no longer a niche technology—it is now a foundational component of national energy infrastructure.
- It reduces power bills by managing demand and storing off-peak energy.
- It protects the grid against blackouts caused by storms, heatwaves, and cyber threats.
- It enhances flexibility for integrating solar and wind energy.
Just as the U.S. once led the world in steel, oil, and automotive manufacturing, it now has the opportunity to lead again—in grid-scale battery innovation and production.
Conclusion: Building a Resilient Energy Future, Made in America
The U.S. energy storage industry’s $100 billion commitment is more than a financial milestone—it’s a statement of intent. As energy demands surge, infrastructure ages, and climate pressures mount, grid batteries offer a deployable, scalable, and American-made solution.
By 2030, if this commitment is fulfilled, every battery deployed in a U.S. energy storage project could be built in an American factory, by American workers, using American materials—ensuring that the future of energy is secure, affordable, and proudly made in the USA.
