While deployment is growing rapidly, at this time energy storage in the United States is a small and nascent market which has not benefitted from any federal programs akin to the Investment Tax Credit (ITC) or the Department of Energy’s SunShot program.
However, today the U.S. government made a move in the direction of supporting energy storage, with federal commitments to procure more energy storage accompanied by commitments from grid operators, power companies and others.
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U.S. Rep. Mike Honda, a Democrat from Silicon Valley, California, has introduced the Energy Storage for Grid Resilience and Modernization Act, otherwise known as H.R. 5350.
The term disruptor is thrown around a lot these days in a world rapidly facing digitisation and the fight to stay relevant is becoming ever more competitive in energy storage. While technological breakthroughs are always exciting, to paraphrase an old saying, there’s a lot that can go wrong between filling a cup with liquid and putting it to your lips. In the race to commercialise technologies and business models for a mass market still in its infancy, the real disruptors in energy storage aren’t just in the lab, they are making a real difference in houses, commercial buildings and on and off the grid.
The Duke Smart Home Program is looking forward to a year focused on developing and carrying out a variety of energy storage projects.
The American energy storage sector kicked off 2016 with a marked increase in corporate investments, according to GTM Research and the Energy Storage Association’s latest
Energy Storage News –
As battery costs fall, storage deployments rise. That trend led to a