U.S. Energy Storage Deployment Forecast and Duties on Chinese Storage Batteries
What happened
BloombergNEF's semiannual energy storage outlook, reported on 27 October 2026, raised its forecast for U.S. energy storage deployment by 30% over the next ten years compared with its forecast six months earlier, projecting cumulative deployments of 213.9 GW by 2030 and 434.4 GW by 2036. BNEF puts the combined duty on stationary storage batteries imported from mainland China at 40.9%, and cites import restrictions on foreign-made power conversion systems and recent broad limits on imports of bulk power system equipment among the trade barriers affecting the sector. The report does not identify the individual duty components or the effective date of the combined rate.
Generated by AI from the reports · updated 2 days ago
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- Utility DiveBNEF raises U.S. energy storage deployment forecast by 30% despite trade barriers
BloombergNEF said in its semiannual energy storage outlook that the United States will deploy 30% more energy storage capacity over the next 10 years than it forecast six months ago, reaching cumulative deployments of 213.9 GW by 2030 and 434.4 GW by 2036. BNEF puts the combined duty on stationary storage batteries imported from mainland China at 40.9%, and cites import restrictions on foreign-made power conversion systems and recent broad limits on imports of bulk power system equipment among the trade barriers.
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