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 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.
Does the energy storage strategic plan address new policy actions?
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 (42 U.S.C. § 17232 (b) (5)).
What is Virginia's energy storage goal?
Virginia’s target was enacted by law in , which set a 3,100 MW energy storage goal by . A law enacted in directed the Illinois Commerce Commission to establish storage procurement targets for all utilities serving more than 200,000 customers to achieve by .
How much energy storage will Maine have by ?
Maine also set its goal in to achieve 400 MW of installed storage capacity by , with an interim target of 300 MW by . New York originally set a goal to procure 3 GW of energy storage by , but New York Governor Kathy Hochul most recently announced plans to double that goal to reach 6 GW by .
How many GW of battery storage are there in the United States?
As of , there is approximately 8.8 GW of operational utility-scale battery storage in the United States. 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 wind capacity that the storage resources will support.
Around 16 states have implemented some form of policy directed at energy storage, which broadly fall into five categories: procurement targets, regulatory adaptation, demonstration programs, financial incentives, and consumer protections. Around 16 states have implemented some form of policy directed at energy storage, which broadly fall into five categories: procurement targets, regulatory adaptation, demonstration programs, financial incentives, and consumer protections.A policy explainer that explores how energy storage policies play a pivotal role in facilitating the transition to clean energy, with insights into effective policy frameworks for maximizing the integration of renewable resources into grid operations. A toolkit that offers comprehensive solutions
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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,
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