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: