Korean Battery Makers Expand ESS Push in North America
As the North American Energy Storage System (ESS) market rapidly grows due to the surge in power demand following the expansion of artificial intelligence (AI) data centers, the domestic battery industry is accelerating the transition of its business structure.According to energy research institutes
The North American Energy Storage System (ESS) market is experiencing rapid growth due to the expansion of artificial intelligence (AI) data centers, leading to an increase in power demand. As a result, domestic battery industry players are accelerating their transition to ESS business structures. According to Wood Mackenzie, U.S. ESS installation volume is expected to rise by about 37% from 51GWh last year to 70GWh this year, and could expand to 110-120GWh by 2030.
The surge in demand for ESS is driven by the need for power storage in large facilities like AI data centers, which require stable power supplies. Additionally, the non-China supply chain policy and tariff system in the United States present opportunities for the domestic battery industry. Korean battery companies, such as LG Energy Solution, Samsung SDI, and SK On, are expanding their ESS business by leveraging their North American production bases.
Brief written by urgent.news from BusinessKorea's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
