U.S. Manufacturing Capabilities Are Critical for Our Clean Energy Future
Thursday, September 12, 2024
10:00 AM – 10:25 AM PT
Location: Smart Manufacturer and Logistics Theater, Booth #N93050, North Hall Level 2, ACC
The International Energy Agency has reported that global grid storage will need to reach almost 2,500 GWh in less than a decade in order to achieve net-zero emissions by 2050. Recent growth trends have reflected some marginal progress towards this target, with Wood Mackenzie predicting the U.S. market will install 66 GW of energy storage between 2023 and 2027. To date, Powin’s commitments include sourcing 5GWh of battery technology annually and components manufactured in the United States starting in 2025, collaborating with new contract manufacturers for the assembly and integration of Powin’s Stack750 Energy and Collection segments, purchasing battery cells from U.S. factories, working with global vendors to establish manufacturing facilities in key US locations including Tennessee, Georgia, and South Carolina, and sourcing energy-efficient HVAC systems for battery cooling from U.S. manufacturers. Stuart will share key takeaways from how these plans and partnerships have been implemented, and what gaps remain for the U.S. energy storage sector in terms of investments, policies, and technology capabilities.