Are ESS battery imports based on residential & nonresidential installations?

These data are based on companies supplying systems for residential installations, though they also include some batteries for nonresidential installations as some companies supply both market segments. The data are only for battery imports that could be specifically identified as being used in domestic ESS assembly.

Can energy storage be used in small nonresidential systems?

While this paper focuses on residential energy storage, some of the same ESSs may be used in small nonresidential systems. Nonresidential installations include installations at industrial sites, commercial buildings, nonprofits, government buildings, and similar locations, and do not include utility installations.

Does LG Chem import ESS?

The volume of U.S. ESS imports by all companies (including LG Chem) substantially increased from the start of 2019. Complete ESS imports increased by more than 400 percent from the first quarter of 2019 to the fourth quarter of 2020 (figure 9).

How many MWh is a residential energy storage system?

The data set totals 263 MWh, and covers all or a portion of installations in 20 states and the District of Columbia. WoodMac estimated that U.S. residential energy storage installations were 540 MWh in 2020, though an exact share of the market is not calculated here due to differences in the data such as when systems are considered installed.

What is the tariff on battery imports from China?

56 U.S. battery imports from China are subject to a 3.4 percent normal trade relations rate of duty and 7.5 percent Section 301 rate of duty. Trade Data Services, Import Genius database (accessed April 2021); NeoVolta, Form 1-K, October 2, 2020, 13–14; USITC, Harmonized Tariff Schedule of the United States, Revision 3, 2021.

Why did US residential ESS imports increase in 2020?

There were several new entrants with foreign production to the residential market in 2019–20, however, some of which have a number of competitive advantages that enabled them to quickly gain U.S. sales in the second half of 2020. As a result, U.S. residential ESS imports rapidly increased in 2020.