DOE launches Grand Challenge on Energy Storage
The US DOE has launched its “Grand Challenge”, a request for proposals for the US to establish a domestic supply chain for energy storage by 2030. And it’s promising millions of dollars and large-scale resources to achieve its target. The DOE wants “a secure domestic manufacturing supply chain that is independent of foreign sources of critical materials” by 2030, which would mark a substantial departure from today's situation where the industry relies on foreign technology (Panasonic, LG Chem) or battery and cell imports from overseas (China, Korea). This could have implications for the lithium-ion (and other technologies) supply chains as...