The U.S. National Hydrogen Strategy and Roadmap explores opportunities for hydrogen to contribute to national goals across multiple sectors of the economy. It provides a snapshot of
				    2020-Present DateTitleReport No thor(s)2023-10Energy Storage & Decarbonization Analysis for Energy Regulators — Illinois MISO Zone 4 Case StudySAND2023-10226A. Bera, T.
				    Based on a comparative policy analysis between Mexico, the US and Germany, this paper seeks to provide policy recommendations to incentivise the deployment of energy
				    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
				    Energy storage capacity additions will have another record year in 2023 as policy and market fundamentals continue to propel the industry Data compiled March 2023. Source: S&P Global
				    The Department of Energy Office of Electricity Delivery and Energy Reliability Energy Storage Program would like to acknowledge the external advisory board that contributed to the topic
				    In the first half of 2023, China''''s new energy storage continued to develop at a high speed, with 850 projects (including planning, under construction and commissioned projects), more than
				    The Department of Energy''s (DOE) Energy Storage Grand Challenge (ESGC) is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation
				    The potential for wind and solar generation in GB exceeds projected future electricity demand but it must be supported by large-scale storage or other forms of flexible supply when the sun
				    Pacific Northwest National Laboratory is speeding the development and validation of next-generation energy storage technologies to enable widespread decarbonization of the energy
				    Energy storage reduces total operational costs and greenhouse gas emissions on the grid, while enhancing resilience and renewables integration. This makes energy storage a
				    The IEO2023 includes cases that vary technical and economic assumptions • All cases reflect current laws and regulations as of March 2023, and the U.S. results come directly from the
				    Introduction The National Energy Modeling System: An Overview (Overview) provides a summary of the National Energy Modeling System (NEMS), which makes projections published in our
				    Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
				    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,
				    Acknowledgments The Energy Storage Grand Challenge (ESGC) is a crosscutting effort managed by the Department of Energy''s Research Technology Investment Committee. The project team
				    The BPU proceeding to finalize the proposal remains ongoing. On August 8, 2023, the BPU opened a request for information seeking comments on revisions to its
				    As per the National Electricity Plan projections, the energy storage capacity of 16.13 GW/82.37 GWh with PSP based storage of 7.45GW capacity and 47.65 GWh storage
				    Figure 2: Cumulative installed capacity of new energy storage projects commissioned in China (as of the end of June 2023) In the first half of
				    EXECUTIVE SUMMARY The deployment of battery energy storage systems (BESS) is growing throughout the United States, driven by falling prices and the rise in variable renewable
				    The Fiscal Year 2023 Stockpile Stewardship and Management Plan –Biennial Plan Summary (SSMP), including its classified annex, describes the Department of Energy''s National Nuclear
				    The US Energy Storage Monitor is offered quarterly in two versions – the executive summary and the full report. The executive summary is complimentary to member
				    (China Energy Policy Newsletter - Special issue of March 2024) Summary of China''s Energy and Power Sector Statistics is one of the research products of the China Energy Transformation
				    While the strategy doesn''t yet spell out specific actions, its release puts electricity storage on the German political agenda for the first
				    This National Blueprint for Lithium Batteries, developed by the Federal Consortium for Advanced Batteries will help guide funding to develop
				    The deployment of "new type" energy storage capacity almost quadrupled in 2023 in China, increasing to 31.4GW, up from just 8.7GW in
				    Colleagues from the Energy Technology Policy (ETP) Division led Timur Gülby, Chief Energy Technology Officer, -led on modelling and analysis, with overall guidance fromco Araceli
				    In 2023, work is under way on updating the National Energy Plan (PEN) towards 2050, in line with Colombia''s new National Development Plan 2022-2026
				    In brief On 8 December 2023, the Federal Ministry for Economic Affairs and Climate Action (BMWK) presented its energy storage strategy. The strategy
				    As a global leader in energy storage system integration, Envision has made significant breakthroughs in trading-based and grid-integrated energy storage technologies.
This SRM does not address new policy actions, nor does it specify budgets and resources for future activities. This Energy Storage SRM responds to the Energy Storage Strategic Plan periodic update requirement of the Better Energy Storage Technology (BEST) section of the Energy Policy Act of 2020 (42 U.S.C. § 17232 (b) (5)).
The US storage market had a record-setting third quarter of 2023, adding 2,354 megawatts (MW) (or 7,322 megawatt-hours (MWh)) of installed capacity to the grid. It is expected that the US storage market will install an estimated 63 gigawatts (GW) between 2023 and 2027.
It is expected that the US storage market will install an estimated 63 gigawatts (GW) between 2023 and 2027. As of 2023, there is approximately 8.8 GW of operational utility-scale battery storage in the United States.
At the end of 2023, Texas had 7.3 GW of installed storage capacity, while California had 3.2 GW of installed capacity. In 2022, CAISO, ERCOT, NYISO, PJM, and ISO-NE collectively had approximately 4.3 GW of standalone storage capacity, with another collective 24 GW expected to come online between 2024 and 2025.
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.
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.