Why it is moving
The global energy storage market is growing with the increasing demand for renewable energy. However, dependence on a single supply source from one country can create supply chain risks and is a topic of US industrial policy debate.
Driver data is partial
Some drivers have no confirmed source evidence yet, read those as context, not confirmation.
Main drivers
The concentration of energy storage technology (battery) supply among Chinese suppliers
No confirmed source evidence yet.
Concerns about strategic security and supply chain independence for US renewable energy
No confirmed source evidence yet.
Geopolitical factors affecting clean energy policy
No confirmed source evidence yet.
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