October 29, 2020
What’s in store for the US battery industry post-election?
“For any outcome of the presidential and congressional elections, it’s clear that support for energy storage is a bipartisan issue, even in these polarized times,” said Kelly Speakes-Backman, CEO of the ESA.
“We are confident that the policies introduced in the current administration (such as the stand-alone storage investment tax credit, the Clean Economy Jobs and Innovation Act and DOE’s Energy Storage Grand Challenge) will press forward.
“Depending on election results, the approaches could differ on decarbonization of the electric and transportation sectors or on reliability and resilience. However, there will be a foundational requirement of affordability for citizens, and widespread deployment of energy storage is well positioned to support any scenario.
“Ultimately, we believe in our 100GW by 2030 vision and that the US renewable and clean energy sectors are expanding toward a more resilient, efficient, sustainable, and affordable electricity grid.”
