Are residential batteries a good investment?

While storage fared better than solar and wind, homeowners interested in residential batteries face dwindling opportunities. A solid-state battery co-created by the Pacific Northwest National Laboratory and Ampcera, Inc. Image: Andrea Sarr, Pacific Northwest National Laboratory

How would a trade war affect the battery industry?

Tariffs or the threat of them aim to protect domestic producers. But a trade war would likely damage the burgeoning domestic battery industry, which still relies heavily on foreign supply chains. Pulling the plug on federal support for manufacturing and consumer subsidies would deal a major blow.

Are EV batteries a viable alternative to stationary storage?

The market for EV batteries significantly surpasses that for stationary storage, with EVs accounting for more than 80 percent of global demand for li-ion batteries 2. EVs have grown to an important global market, accounting for 19 percent of automobile sales in 2024 worldwide (Figure 1).

How much EV battery does Europe import in 2023?

In 2023, Europe imported batteries worth $35 billion, and exported a quarter of that amount (Figure 6). Exports primarily go to North American facilities that largely serve the US EV market, while Europe imports cheap batteries from China to fill the domestic demand gap (Figures 7 and 8).

Do home batteries qualify for tax credits?

Now, home batteries will only qualify for the 30% tax credit if they’re purchased and installed by the end of the year before the credit phases out entirely. There is a bright spot: residential systems leased from third parties will remain eligible for tax credits beyond 2025, as they rely on 48E instead of 25D.

How much money has LPO committed to a battery project?

has committed approximately $5 billion to approximately 40 projects.Since the start of 2022, the Loan Program Office’s (LPO) Advanced Technology Vehicle Manufacturing (ATVM) Loan Program has closed approximately $5.5 billion of battery-related loans,