Trump government launches plan to become energy storage world leader by 2030

Energy Storage Grand Challenge aims to achieve global leadership with next-generation technology that does not require the importing of ‘critical’ raw materials

President Donald Trump might believe that wind turbines cause cancer and that people can’t watch TV when the wind isn’t blowing, but that is not preventing his government from announcing plans to achieve global leadership in the energy storage technologies that will improve America’s ability to store its variable wind and solar power.

The US Department of Energy (DOE) has announced the launch of the “Energy Storage Grand Challenge”, which it describes as “a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage technologies and sustain American global leadership in energy storage”.

The vision, the DOE explained, “is to create and sustain global leadership in energy storage utilization and exports, with a secure domestic manufacturing supply chain that is independent of foreign sources of critical materials, by 2030”.

Lithium-ion batteries — which account for around 90% of the world’s battery industry — require raw materials such as cobalt and nickel that are not produced at scale in the US. Some lithium is mined in the US, but at a far smaller scale than the main lithium-producing nations of Australia, Chile, Argentina and China.

According to BloombergNEF, China was producing 73% of the world’s lithium-ion batteries in early 2019, with the US in second place on 12%.

“Through this Grand Challenge, we will deploy the Department’s extensive resources and expertise to address the technology development, commercialization, manufacturing, valuation, and workforce challenges to position the US for global leadership in the energy storage technologies of the future,” said Energy Secretary Dan Brouilette.

Read more: Recharge News

By |2020-01-20T17:06:29+00:00January 23rd, 2020|Battery Storage, Energy and Climate Change, News, Solar and Battery|
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