How is the outdoor energy storage industry?
Governments worldwide increasingly recognize the imperative of transitioning to cleaner energy sources, enacting policies designed to
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.
Energy storage resources have become an increasingly important component of the energy mix as traditional fossil fuel baseload energy resources transition to renewable energy sources. Currently 23 states, plus the District of Columbia and Puerto Rico, have 100% clean energy goals in place.
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)).
Deployment of energy storage across the U.S. has increased significantly in the past decade, mostly driven by individual state and local government policies to support acceleration of renewable energy resources for a more robust, reliable, and resilient grid.
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