ACP CEO Jason Grumet stated: “There is a remarkable tension right now between probably the best fundamentals for investment in the energy sector that we’ve seen in a generation and the greatest amount of uncertainty that we’ve seen in a generation.” He emphasized that achieving 100% American-made BESS projects requires streamlined permitting processes and stable tax and trade policies. The pledge builds on $10 billion to $15 billion in existing investments, adding approximately $85 billion to active projects.
Advancements in battery technology, including lower costs, higher density, and improved reliability, are driving investment. Companies like Hyundai and Tesla are producing batteries capable of supporting extensive use, though most batteries are currently manufactured in Asia. Form Energy CEO Mateo Jaramillo noted: “Form Energy sources more than 80% of its battery content in the US and much of the rest from Europe and non-China Asia.” The company aims to source raw iron from U.S. mines in Michigan and Minnesota, reducing reliance on imported materials.
Fluence Americas President John Zurancik highlighted the need for a robust U.S. manufacturing base, stating: “COVID-era disruptions across the global battery supply chain convinced Fluence that an energy storage market as robust as the United States’ needed a stronger domestic manufacturing base.” Fluence expects to deliver its first U.S.-made lithium-iron-phosphate (LFP) batteries this week for deployment later in 2025. Similarly, LG Energy Solution Vertech plans to expand its Holland, Michigan, facility, producing 16.5 GWh of stationary storage batteries in 2025 and adding 11 GWh of capacity in 2026.
Wärtsilä is also diversifying its supply chain for its Quantum 3 BESS system, sourcing components from North America, Asia, and Europe to leverage local tax incentives and mitigate tariff impacts. These efforts align with broader industry trends, such as Zenobē’s use of BESS to enhance grid reliability and Volvo’s development of deployable BESS for temporary job sites and disaster relief.
The ACP’s initiative reflects a strategic push to strengthen U.S. energy infrastructure, reduce dependence on foreign batteries, and support sustainable energy solutions, positioning the industry to meet growing demand for reliable storage systems.
