Pumped storage hydropower development is rapidly resurging in the US, yet this energy storage technology has positive and negative
BEIJING, Aug. 11 -- The Communist Party of China (CPC) Central Committee and the State Council have unveiled a set of guidelines to ramp up green transition in all areas of economic
Energy storage has the potential to meet these challenges and accelerate India''s energy transition. The potential for storage to meet these needs depends on
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
In recent years, the United States has enacted significant legislation (the Infrastructure Investment and Jobs Act in 2021 and the Inflation
This paper employs a multi-level perspective approach to examine the development of policy frameworks around energy storage technologies. The paper focuses on
China''s energy storage sector is rapidly expanding. As a solution to balancing the country''s growing energy needs and mass renewable energy production, the industry has
STORAGE POLICY ASSESSMENT Arizona is an interesting state to follow given its unique approach toward both the tactical development of an energy storage marketplace and the
The installation of utility-scale storage in the United States has primarily been concentrated in California and Texas due to supportive state policies and significant solar and
Accordingly, by tracing the evolution of the energy storage policies during 2010–2020 comprehensively, a better understanding of the
The State Council issued an action plan for energy conservation and carbon reduction during 2024-25, according to a circular released on May 29. In order to actively and
Energy storage plays a crucial role in facilitating the wide application of renewables as part of the world''s energy transition effort. In China, supportive policies are of
Several commenters, including Bloom Energy, Nucor Steel, AES, Form Energy, and NineDot Energy (NineDot) recognize that long duration storage is critical to New York''s clean energy
This paper proposes a novel method to generate bid bounds that can serve as offer caps for energy storage in electricity markets to help reduce system costs and regulate
This is an extract from a recent report "Charging Up: The State of Utility-Scale Electricity Storage in the United States" by Resources for the Future. As the electricity sector
This information was prepared as an account of work sponsored by an agency of the U.S. Government. Neither the U.S. Government nor any agency thereof, nor any of their employees,
Pumped storage hydropower development is rapidly resurging in the US, yet this energy storage technology has positive and negative impacts at different scales. Building
WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today released its draft Energy Storage Strategy and Roadmap (SRM), a plan
The Electricity Advisory Committee (EAC) submitted its last five-year energy storage plan in 2016.1 That report summarized a review of the U.S. Department of Energy''s (DOE) energy
Topics have included storage in energy efficiency plans, program design for peak demand management, storage for winter peaking and peaker replacement,
The underlying motivation for DOE''s strategic investment in energy storage is to ensure that the American people will have access to energy storage innovations that enable resilient, flexible,
Moreover, it addresses the recent change in the direction of the energy-storage policy for the State Grid and China Southern Power Grid and analyzes the primary problems existing in
Around 16 states have implemented some form of policy directed at energy storage, which broadly fall into five categories: procurement targets, regulatory adaptation,
The authors support defining energy storage as a distinct asset class within the electric grid system, supported with effective regulatory and financial policies for development
In addition to the state survey, we also surveyed six energy storage development companies and one industry consultant, to compare their policy priorities with those of the state energy agencies.
Grid-scale energy storage has been growing in the power sector for over a decade, spurred by variable wholesale energy prices, technology
Plan for the bulk program. Both Implementation Plans will be filed on NY Department of Public Service''s Energy Storage Docket and will be subject to a public comment period (SAPA),
Driven by the national strategic goals of carbon peaking and carbon neutrality, energy storage, as an important technology and basic
As the largest contributor to carbon emissions, China has put forward the long-term goals of peaking carbon emissions by 2030 and attaining carbon neutrality by 2060. The
Approximately 17 states have adopted some form of energy storage policies, 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.
At least 34 states introduced more than 200 bills specifically focused on energy storage in 2024, over 40 of which were enacted. Energy storage technologies, a wide category including hydropower as well as many newer chemical (e.g. batteries), mechanical, and thermal technologies, allow excess renewable energy generation to be stored for later use.
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.
One of the most common energy storage trends in 2024 was legislation to encourage or require utilities to deploy new storage resources, including through their siting and planning processes, though it was also common to create new financial incentives for businesses to develop storage resources.
Energy storage resource development will continue to grow across the United States as an important tool to enhance grid reliability and stability as intermittent renewable generating resources account for a larger share of generation resources.
This new goal, updated from the 35 MMT target set in 2022, also requires the state to build more than 56 gigawatts (GW) of additional clean energy generation and decrease the use of natural gas plants 70 percent by 2035 compared to 2024 usage.
