September 20, 2021
DOE Invests $27 Million in Battery Storage Technology and to Increase Storage Access
The U.S. Department of Energy (DOE) today announced $17.9 million in funding for four research and development projects to scale up American manufacturing of flow battery and long-duration storage systems. DOE also launched a new $9 million effort—the Energy Storage for Social Equity Initiative—to assist as many as 15 underserved and frontline communities leverage energy storage as a means of increasing resilience and lowering energy burdens. Together, this funding will help provide the materials needed to expand the grid with new, clean energy sources, deliver affordable electricity to disadvantaged communities, and help reach 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.”
