ESA is committed to assisting the energy storage industry in the face of challenges with project deployment stemming from COVID-19 and consequent economic and jobs impacts. As such, ESA is actively seeking relief from Members of Congress and the Administration within economic stimulus measures, including considerations for continuity of employment and business operations for the U.S. energy storage industry. We continue to pursue opportunities for inclusion of stand-alone energy storage tax credit in any and every vehicle possible, including the provision for direct pay or cash option, which may provide more immediate relief to the financial stresses on our members and the industry.
Resources:
- “Impacts of COVID-19 on the Energy Storage Industry” (2-page PDF)
- May 2020: Restoring the Economy with Climate Solutions
- Results from ESA’s April 10 Industry Survey
- April 2, 2020: CRES Calls on Congress to Prioritize Clean Energy to Stabilize Economy, Secure Jobs
- Memo on COVID-19 Impacts on Energy Jobs and Workers
- Results from ESA’s March 20 Industry Survey (blog)
- ESA’s March 19 Memo on Short-Run Economic Stimulus Options for Congress
- March 19, 2020: Renewable Energy Industry Letter to Congressional Leadership
- March 19, 2020: Letter from Clean Energy Business and Environmental Organizations to Congressional Leadership
- Wood Mackenzie COVID-related research