As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) recently announced up to $325 million for 15 projects across 17 states and one tribal nation to accelerate the development of long-duration energy storage (LDES) technologies. Funded by President Biden’s Bipartisan Infrastructure Law, these demonstration projects will increase community control of local power systems, mitigate risks associated with disruptions to the grid, and help communities develop reliable and affordable energy systems. This announcement will help DOE realize its Long Duration Storage Shot goal of reducing the cost of LDES by 90% by 2030 and supports the Biden-Harris Administration’s efforts to advance critical clean energy technologies, expand the adoption of renewable energy resources, and strengthen America’s energy security.
For more information, please visit: https://www.ferroalloynet.com/news/tama_site_part_of_325_million_federal_grant_for_longduration_energy_storage_projects.html
