Last week, the U.S. Dept. of Energy announced $17.9 million in funding for researching and development projects to scale up American manufacturing and reduce costs of flow battery and long-duration storage systems.
Energy storage advancements are crucial to the Biden administration's goal of net-zero carbon emissions by 2050.
“We’re moving at lightning speed to harness renewables and access to long-duration storage is critical for dispatching this clean energy for use whenever and wherever it’s needed,” said Secretary of Energy Jennifer M. Granholm. “DOE’s investment to boost battery storage technology coupled with our first-ever Energy Storage for Social Equity Initiative will help generate jobs, build more resilient communities and ensure a cleaner, healthier environment for all Americans.”