CEA and Wood Mack highlight the impact of the US BESS market from trade tariffs. It will have a harsher effect on the sector than on solar PV or wind because the BESS market heavily depends on imported products from China, with most battery cells used in utility-scale projects last year coming from there. The cost of utility-scale BESS could rise between 12% and 50% across three tariff scenarios modelled by Wood Mack.
Tariff impact on BESS
