US govt, firms commit to at least 1.3 GW of energy storage projects

on July 1, 2016

SeeNews-RenewablesEnergy Storage News – The White House on Thursday announced commitments by government agencies and US companies and organisations that would result in at least 1.3 GW of energy storage capacity in the next five years.

A Summit on Scaling Renewable Energy and Storage with Smart Markets yesterday gathered together regulators, power and energy groups and municipalities seeking to promote smart electricity markets and greater grid integration of renewables and flexible resources such as energy storage. The procurement, deployment, and investment commitments made are expected to lead to some USD 1 billion (EUR 889m) in investments in energy storage, the White House said in a Fact Sheet available here. 

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SeeNewsUS govt, firms commit to at least 1.3 GW of energy storage projects