Time For The Energy Storage Industry to Increase Supply Chain Transparency - Paul Wormser to S&P

S&P Global interviewed CEA’s Vice President of Technology, Paul Wormser, on growing challenges in the increasingly complex energy storage supply chain.

Amid rapid growth of lithium-ion battery imports, and an increasing global push to ensure products are manufactured ethically and sustainably, companies at the end of the lithium-ion supply chain should work to eliminate their blind spots.

Lack of Supply Chain Transparency

Few companies can reliably trace every raw material that is used in their products or disprove alleged ethical offenses. "On the solar side, we've learned a bunch of really key lessons. And one of those key lessons is if you are innocent, it's almost impossible to prove that you're innocent," said Paul Wormser.

With recent U.S. trade sanctions on Hoshine polysilicon materials impacting the solar industry, Wormser notes that “storage might get tagged, just as solar has been tagged."

Read Paul’s full comments and the full S&P Global article - US lithium-ion battery imports spike amid scramble to address ethical risks