New Energy Storage Project Investment Plan

What is the energy storage strategy & roadmap (SRM)?

WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today released its draft Energy Storage Strategy and Roadmap (SRM), a plan that provides strategic direction and identifies key opportunities to optimize DOE’s investment in future planning of energy storage research, development, demonstration, and deployment projects.

Does the energy storage strategic plan address new policy actions?

This SRM does not address new policy actions, nor does it specify budgets and resources for future activities. This Energy Storage SRM responds to the Energy Storage Strategic Plan periodic update requirement of the Better Energy Storage Technology (BEST) section of the Energy Policy Act of 2020 (42 U.S.C. § 17232 (b) (5)).

What is Doe's strategic investment in energy storage?

DOE’s strategic investment in energy storage aims to ensure that all Americans have access to energy storage innovations to enable resilient, reliable, secure, and affordable electricity systems and supplies.

Why is Doe investing in energy storage?

The underlying motivation for DOE’s strategic investment in energy storage is to ensure that the American people will have access to energy storage innovations that enable resilient, flexible, affordable, and secure energy systems and supply, for everyone, everywhere.

What is the energy storage SRM?

Specifically, the draft Energy Storage SRM updates the earlier ESGC Roadmap in consideration of the progress made across the energy storage sector since 2020, as well as reflects DOE’s recent activities in support of its energy storage mission and vision.

Is Doe preparing a draft energy storage SRM for public comment?

DOE is seeking comment from stakeholders to inform its draft Energy Storage SRM for public comment at a future time; notice of its availability will be provided through the Federal Register through a formal NOA. Interested stakeholders can view both the draft SRM and the official NOA.