Energy storage policy takes the lead

What are the different types of energy storage policy?

Approximately 16 states have adopted some form of energy storage policy, which broadly fall into the following categories: procurement targets, regulatory adaption, demonstration programs, financial incentives, and consumer protections. Below we give an overview of each of these energy storage policy categories.

What is the energy storage strategy & roadmap (SRM)?

WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today released its draft Energy Storage Strategy and Roadmap (SRM), a plan that provides strategic direction and identifies key opportunities to optimize DOE’s investment in future planning of energy storage research, development, demonstration, and deployment projects.

What is a storage policy?

All of the states with a storage policy in place have a renewable portfolio standard or a nonbinding renewable energy goal. Regulatory changes can broaden competitive access to storage such as by updating resource planning requirements or permitting storage through rate proceedings.

Is Doe preparing a draft energy storage SRM for public comment?

DOE is seeking comment from stakeholders to inform its draft Energy Storage SRM for public comment at a future time; notice of its availability will be provided through the Federal Register through a formal NOA. Interested stakeholders can view both the draft SRM and the official NOA.

How much energy storage will Maine have by 2021?

Maine also set its goal in 2021 to achieve 400 MW of installed storage capacity by 2030, with an interim target of 300 MW by 2025. New York originally set a goal to procure 3 GW of energy storage by 2030, but New York Governor Kathy Hochul most recently announced plans to double that goal to reach 6 GW by 2030.

What is the energy storage Grand Challenge (ESGC)?

In January 2020, DOE launched the Energy Storage Grand Challenge (ESGC) to facilitate a department-wide strategy to accelerate the development, commercialization, and use of next-generation energy storage technologies and sustain American global leadership in energy storage.