Which international trade issues will remain a concern for energy storage projects?
Two major areas of international trade that will remain causes of concern for energy storage projects are the application of tariffs and supply chain integrity.
What is the New York battery & energy storage technology consortium?
The New York Battery and Energy Storage Technology (NY-BEST™) Consortium, established in , serves as an expert resource for energy storage-related companies and organizations looking to grow their business in New York State.
Are storage batteries a priority for border detentions for forced labor evaluation?
Storage batteries have been indicated as a priority for border detentions for forced labor evaluation, and we expect to continue to see those goods identified as a concern.
How does tariff risk affect a battery energy storage system (BESS) project?
Mitigating tariff risk in battery energy storage system (BESS) projects is crucial for ensuring project financial viability, as tariff changes can significantly affect cost structures and overall project economics.
Will China impose tariffs on lithium-ion EV batteries?
An interesting issue will be the imposition of tariffs. There are existing tariffs pursuant to Section 301 of the Trade Act of on some Chinese-origin lithium-ion EV batteries and non-lithium-ion battery parts, which were increased to 25% in September .
Why is energy storage important?
To achieve New York’s climate goals, it's clear energy storage will play an important role in the electric grid & transportation system of the future. We work to ensure that markets are developed fairly & with an eye towards enabling a clean energy future. Discover more about our history, mission, leadership, and more.
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