Why Domestic Manufacturing is Key to the Energy Transition
Custom content for KORE Power by studioID
In the past, utility companies enjoyed reliable access to clean energy equipment that was manufactured overseas. However, with the growing demand for clean energy and grid modernization, the scarcity of equipment and components is heightening. In part, this is the result of large corporations committing to deep decarbonization and net-zero emissions goals. Projects that started but then stalled due to equipment shortages are one indication of the chasm between demand and reliable supply.
The critical role of lithium-ion batteries in propelling the energy transition is well understood. And there is also a growing recognition that where manufacturing takes place matters as well. This playbook will explore:
The risks that come along with a dependence on imported products
The multiple benefits of creating an end-to-end domestic battery manufacturing ecosystem
How utilities can reduce shipping costs and remove the possibility of tariff expenses