(NewsUSA) - America’s electricity demand is on the verge of a generational shift. A recent S&P study projects a 35-50% surge in demand by 2040, driven by growing electricity needs to power new major industry investments, including data centers. As our country’s economy grows, we must focus on solutions, like battery storage, to ensure our power is reliable, affordable, and secure.
Since 2018, energy storage deployment has grown 25-fold, driving a manufacturing boom and reinforcing grid resilience. In 2024 alone, the U.S. added a record-breaking 11 gigawatts of new battery storage capacity, a testament to its benefits. Battery storage has become the go-to solution for grid operators and markets grappling with rising demand, fluctuating generation, and the need for affordable, reliable power. Today, 31 states have energy storage projects under construction as it quickly becomes an integral part of our energy system.
Batteries are now a critical part of grid stability and reliability. They provide immediate backup when the grid is stressed, keep costs down during peak demand, and enable power plants to operate at their best. As our communities face aging infrastructure and the unpredictable impacts of extreme weather, battery storage provides a ready-to-deploy solution that keeps our homes, businesses, and essential services running smoothly.
But battery storage isn’t just about reliability; it’s also a catalyst for economic growth. More than 25 factories supporting battery energy storage have come online or are under construction, representing billions in investments and thousands of new jobs. These state-of-the-art manufacturing facilities are being built in states like West Virginia, Michigan, Utah, Texas, Arizona, and Tennessee, creating jobs and revitalizing local economies.
Perhaps most importantly, battery storage is strengthening America’s energy security. The industry has committed to supplying 100% of U.S. energy storage projects with American-made batteries by 2030. This $100 billion investment will create 350,000 jobs and position the U.S. as a global leader in battery manufacturing, ensuring our grid is powered by American innovation and resources.
Battery storage is not just a technology – it's critical infrastructure that’s powering a reliable, affordable, and secure energy future for all Americans.
- America’s electricity demand is on the verge of a generational shift. A recent S&P study projects a 35-50% surge in demand by 2040, driven by growing electricity needs to power new major industry investments, including data centers. As our country’s economy grows, we must focus on solutions, like battery storage, to ensure our power is reliable, affordable, and secure.
