Trump's tariff hike casts shadow over US energy storage market, analysts warn

clock • 3 min read
Credit: iStock
Image:

Credit: iStock

BloombergNEF analysis estimates US battery storage costs could jump 58 per cent under new tariffs, causing delays to much-needed new projects

President Trump's escalation in tariffs on imports from China could have major implications for the USA's battery storage industry, analysis from BloombergNEF suggests. Fresh research from BloombergNEF,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Politics

COP30: Belém Summit delivers watered down deal after deadlock over future of fossil fuels

COP30: Belém Summit delivers watered down deal after deadlock over future of fossil fuels

Diplomats hail 'meaningful progress' on adaptation funding and promise of Brazilian-led roadmap for clean energy transition, but anger grows at failure to deliver more robust commitment to tackle fossil fuels

Michael Holder
clock 22 November 2025 • 10 min read
COP30: Global fossil fuel transition summit announced for 2026, as climate talks edge into overtime

COP30: Global fossil fuel transition summit announced for 2026, as climate talks edge into overtime

First international conference focused on transitioning away from fossil fuels to be held in Colombia next year, as key players slam COP30 draft text that fails to reference fossil fuels

Michael Holder
clock 21 November 2025 • 8 min read
'Extremely disappointing': Fossil fuels absent from latest draft texts as clock ticks down at COP30 talks

'Extremely disappointing': Fossil fuels absent from latest draft texts as clock ticks down at COP30 talks

Campaigners respond angrily to latest draft negotiating texts, as group of European and developing nations insist they cannot back a deal that fails to provide a roadmap for tackling fossil fuels

Michael Holder
clock 21 November 2025 • 7 min read