March 20, 2020
American Energy Innovation Act Would Elevate Energy Storage to a Top RD&D Priority
Section 1301 of the legislation would authorize $1.4 billion over 5 years for a wide range of cross-cutting energy storage research, development, and demonstration (RD&D) programs primarily at the U.S. Department of Energy (DOE). Key provisions include:
- Cross-DOE Energy Storage RD&D Program ($100 MM/year)
- Energy Storage Demonstration Grant Program ($100 MM/year)
- Joint DOE-Defense Long Duration Demonstration Initiative ($50 MM/year)
- Technical and Planning Assistance and Grant Program ($20 MM/year)
- Energy Storage Materials Recycling Prize Competition ($10 MM/year)
- Direction to FERC on Storage-as-Transmission and Flexibility Market Services