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Wednesday, November 9, 2016

What does the Trump win mean?

With Donald Trump winning the election, what can we expect in the energy storage sector? Call this the post-election predictions!

2 things should happen. Businesses are expecting the government to set their rules under Trump. This reduction of uncertainty should promote R&D. And since there is plenty of R&D that needs to go into the battery industry, we might expect battery startups to increase.

The second thing that should happen is tariffs. It's the only tool in the box for a government to protect its native workers. And that promise seems like one that Trump wants to keep. This does not bode well for the battery industry since it needs as many markets and worldwide innovation to grow as quickly as possible. Tariffs will slow that growth.

Will we see a change in how airlines treat lithium batteries? Probably not. Will we see a difference in environmental laws that impact the solar industry, and also the battery industry to some extent? Again, probably not. Will we see the government give out loans to certain companies like it did Fisker (Fisker did not pay back 139 million dollars of what they got from the taxpayers, by the way)? Probably not immediately.

But all this is a little speculative. We really are not sure exactly how a Trump government will shake out.

Perhaps you have some ideas, predictions, or admonishments you'd like to share with us. Comment below!

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