Powershoring is an industrial and business strategy where energy-intensive industries relocate to regions with abundant, cheap, and low-carbon energy. Unlike strategies like nearshoring or friendshoring, which prioritize geographic proximity or geopolitical alignment, powershoring focuses entirely on clean energy access as the primary driver for factory placement. In essence, it aims to bring the industry to the clean energy rather than transporting clean energy to the industry.

This approach is highly relevant for "hard-to-abate" sectors like steel, aluminum, chemicals, and cement, where energy costs and emissions heavily impact competitiveness. By shifting production to renewable-rich areas, powershoring can lower global decarbonization costs, boost supply chain resilience, and turn resource-wealthy nations into strategic industrial hubs.