The Inflation Reduction Act (IRA) is a game changer for accelerating America’s clean energy transition – promising to supercharge deployments of renewables and battery storage, reduce greenhouse gas emissions, and strengthen the country’s energy security.

A key component of the legislation and potentially powerful catalyst for building a US battery storage supply chain is the 10% ITC domestic content bonus.

But even with new financial incentives in place, can the US compete? The answer might surprise you.