Energy storage plan released

What is the energy storage strategy & roadmap (SRM)?

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 and identifies key opportunities to optimize DOE’s investment in future planning of energy storage research, development, demonstration, and deployment projects.

What is the energy storage Grand Challenge roadmap?

In December 2020, the U.S. Department of Energy (DOE) released the Energy Storage Grand Challenge Roadmap, the Department’s first comprehensive energy storage strategy. DOE previously released a draft version of this Roadmap in July 2020 along with a Request for Information (RFI).

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 2020 (42 U.S.C. § 17232 (b) (5)).

What is the energy storage roadmap?

The Roadmap includes an aggressive but achievable goal: to develop and domestically manufacture energy storage technologies that can meet all U.S. market demands by 2030.

What is the energy storage SRM?

Specifically, the draft Energy Storage SRM updates the earlier ESGC Roadmap in consideration of the progress made across the energy storage sector since 2020, as well as reflects DOE’s recent activities in support of its energy storage mission and vision.

What is new energy storage?

New energy storage refers to electricity storage processes that use electrochemical, compressed air, flywheel and supercapacitor systems, but not pumped hydro, which uses water stored behind dams to generate electricity when needed. Our Standards: The Thomson Reuters Trust Principles.