Incentives for Energy Storage Projects in the US and Canada Offer a Unique Opportunity to Accelerate Decarbonization of North American Power Generation. Corre
NEW YORK, Jan. 17, 2023 (GLOBE NEWSWIRE) Incentives for Energy Storage Projects in the US and Canada Offer a Unique Opportunity to Accelerate Decarbonization of North American Power Generation. Corre
DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030
The US Department of Energy (DOE) released the Energy Storage Grand Challenge Roadmap, the Department’s first comprehensive energy storage strategy. Announced in January 2020 by US Secretary of Energy Dan Brouillette, the Energy Storage Grand Challenge (ESGC) seeks to create and sustain American leadership in energy storage.
Over the last four fiscal years (FY17–20), DOE has invested more than $1.6 billion into energy storage research and development $400 million per year, on average. While technology offices have established individual goals and targets, the Department has never had a comprehensive strategy to address energy storage. This is why the US Secretary of Energy announced the Energy Storage Grand Challenge in January 2020.
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