The Photo voltaic Power Industries Affiliation (SEIA) has introduced a goal of 700 gigawatt-hours (GWh) of whole put in battery storage capability and 10 million distributed storage installations by 2030.
The targets are a part of a brand new whitepaper, “SEIA’s Imaginative and prescient for American Power Storage,” that analyzes the financial and vitality safety crucial of a powerful US battery storage sector. The whitepaper outlines coverage suggestions to open markets for storage improvement, construct monetary help, develop a home storage provide chain, and progress long-duration storage expertise.
The SEIA can be releasing a new 50-state information to vitality storage insurance policies on the state stage.
“Increasing vitality storage capability is a vital technique of making certain our nation’s vitality safety and resilience,” mentioned SEIA president and CEO Abigail Ross Hopper. “As demand for vitality soars, storage helps flip quick-to-build, low-cost photo voltaic technology into clear, dispatchable energy, making certain our grid can adapt to challenges, help essential infrastructure, and ship dependable energy to each neighborhood.”
In accordance with Wooden Mackenzie, there are 83 GWh of put in vitality storage capability within the US, together with practically 500,000 distributed storage installations. Present forecasts present that US storage capability is anticipated to achieve 450 GWh by 2030, falling in need of the capability required to help US vitality wants.
The whitepaper calls on states, regional transmission organizations, and the federal authorities to take motion to speed up storage deployment and manufacturing. These actions embody:
- Preserving the federal tax credit score for standalone storage
- Guaranteeing equal grid entry and truthful compensation to storage for grid providers
- Reforming interconnection processes to account for storage flexibility
- Establishing reasonably priced retail charges for storage charging
- Supporting home manufacturing with focused commerce insurance policies and streamlined allowing
- Implementing state-level procurement packages
- Emphasizing investments in low-income communities, together with areas disproportionately impacted by excessive climate and poor air high quality
- Investing in additional improvement of long-duration storage
“The US storage market is at an inflection level, however with the combo of coverage help and personal, state, and federal collaboration, we are able to obtain SEIA’s storage targets whereas creating jobs and making certain dependable, around-the-clock energy for each dwelling and enterprise on this county,” mentioned Joan White, SEIA’s director of storage and interconnection.
Entry the whitepaper and study extra about SEIA’s vitality storage advocacy work right here.
Learn extra: This lengthy period compressed air vitality storage undertaking simply bought a $1.76B DOE mortgage
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