About Government releases energy storage regulation plan
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6 FAQs about [Government releases energy storage regulation plan]
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 are the different types of energy storage policies?
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.
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.
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.
Will Doe update ESGC 2020 roadmap?
DOE is seeking general feedback on the draft Energy Storage SRM as part of its process to update the ESGC 2020 Roadmap. This document of the Department of Energy was signed on December 4, 2024, by Gene Rodrigues, Assistant Secretary for the Office of Electricity, pursuant to delegated authority from the Secretary of Energy.
What is Virginia's energy storage goal?
The law requires that 3,500 MW be mid-duration energy storage, 750 MW be long-duration, and, if commercially available at a reasonable cost, 750 MW should be multi-day energy storage. Virginia’s target was enacted by law in 2020, which set a 3,100 MW energy storage goal by 2035.
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