Powershoring is a business-led industrial location and development strategy that reorganizes global value chains around the geography of abundant, reliable, scalable, competitively priced clean energy. It turns a physical constraint into an economic opportunity: electricity is costly to store and transmit over long distances, yet can be traded efficiently when embodied in goods such as green steel, aluminum, chemicals, fertilizers, and fuels. By locating energy- and carbon-intensive activities where clean-energy advantages converge with logistics, skills, infrastructure, and sound institutions, powershoring accelerates global decarbonization while substantially reducing its costs. The gains are mutually reinforcing: firms strengthen competitiveness and resilience; host economies attract investment, capabilities, jobs, and exports; and importing economies secure lower-carbon inputs. Powershoring thus integrates climate, trade, competitiveness, and development within a commercially grounded framework for investment and business strategy.