Prediction certainty 3/5 debate potential 2/5

Trump's manufacturing onshoring will actually drive up battery storage demand

Chris Taylor · Pioneering one of the first IRA tax credit transfers · Jan 22, 2025 · at 28:32

Chris Taylor, CEO of battery storage developer Gridstor, discusses how the second Trump administration's economic policies could impact power demand and energy storage needs.

0:00 / 0:12exact quote · 12.9s
720p mp4 · rendered on demand · StarZero watermark
“That said, I think that load growth will probably increase under Trump. If he's successful in everything he wants to do, he will, if we onshore manufacturing and do all these things that will drive up load growth, that will drive up the need for batteries.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Chris Taylor

Assertion Supported
Taylor: Gridstor Was Among First to Transfer IRA Tax Credits
“We were one of the first, if not the first project to be able to effectuate a transfer of the new tax credits that are available under the Inflation Reduction Act, which is kind of an in the weeds, wonky finance thing, but critically important to taking these …”
Chris Taylor Jan 22, 2025 ▶ 2:25 Pioneering one of the first IRA tax credit transfers
Prediction Not checkable as stated
Robust domestic US battery supply chains won't be viable until late 2026
“So we are looking to focus our supply, de-risk our supply chain so that we have robust U.S. Supply options, but those are not likely to be viable until late 26 or early 27, realistically.”
Chris Taylor Jan 22, 2025 ▶ 29:31 Pioneering one of the first IRA tax credit transfers
Insight
Raising $100M-$200M only funds a single clean energy infrastructure project
“Most companies are raising a hundred million or two hundred million, which is just about enough to build one thing, and then you're out of money again.”
Chris Taylor Jan 22, 2025 ▶ 4:33 Pioneering one of the first IRA tax credit transfers
What-if
Financing unproven battery tech without a Tesla-level balance sheet is nearly impossible
“If we were using an unproven technology or a company that didn't have much of a balance sheet or a track record, I think that would have made this much more difficult, if not impossible.”
Chris Taylor Jan 22, 2025 ▶ 7:25 Pioneering one of the first IRA tax credit transfers
Insight
Double-digit storage growth triggers FOMO among traditionally cautious bank lenders
“When they see that a new sector like batteries is, Is poised for double digit annual growth. They don't want to see all that business go to their rivals. They want to make sure they get on the ground floor too. So there's kind of a chicken and egg thing where …”
Chris Taylor Jan 22, 2025 ▶ 13:30 Pioneering one of the first IRA tax credit transfers
Disclosure
Taylor: Gridstor executed an IRA tax credit transfer with J.P. Morgan
“There's got a ton of lawyers involved and accountants on every side and a lot of sort of reassuring of people, but it's a pretty straightforward process, and at the end, we got that done with J.P. Morgan, which is Fantastic is they're probably the biggest play…”
Chris Taylor Jan 22, 2025 ▶ 18:36 Pioneering one of the first IRA tax credit transfers
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 100 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.