ESA News

  • CEO’s Statement on the Federal Energy Regulatory Commission (FERC) Formal Action on the Department of Energy’s (DOE) Proposed Rulemaking on Grid Resiliency Pricing

    Statement from Kelly Speakes-Backman, CEO of the Energy Storage Association, regarding the Federal Energy Regulatory Commission (FERC) formal action on the Department of Energy’s (DOE) proposed rulemaking on grid resiliency pricing: 

    "The actions taken yesterday are an encouraging sign that FERC is serious about ensuring resilience of the bulk power system. By building a robust record of fact from the system operating bodies responsible for reliability and resilience, and by taking the important first step of defining both, FERC is rightly assuring that any actions taken will be holistic and effective.    As the eastern ISOs’ successful responses to last week’s winter storms has shown, flexibility is critical to resilience—to ensure uninterrupted power is delivered to consumers whenever and wherever they need it. ESA looks forward to working with FERC, DOE, and other stakeholders to ensure that the flexibility of energy storage can be measured, valued, and compensated effectively to meet the resilience needs of our electric system."

     

     

  • CEO Applauds New York Gov. Cuomo's Target of 1500 MW of Storage by 2025

    Statement from Kelly Speakes-Backman, CEO of the Energy Storage Association, on the announcement by New York Governor Cuomo of a 2025 state energy storage target:

    "The Energy Storage Association heartily congratulates Governor Cuomo for his leadership and bold commitment to scaling up clean energy production through increased deployment of energy storage. In setting this goal and providing funds, New York will accelerate the innovative use of storage as infrastructure and reduce the state’s reliance on inefficient, heavier polluting sources of electricity, bringing $2 billion in benefits to New Yorkers. We at ESA are delighted to count New York as a leader in the march toward 35 GW of new energy storage by 2025, as outlined in our Vision 2025 report, and ESA stands by to assist states like New York forging a path toward a more efficient, resilient and reliable, sustainable and affordable grid."

    Gov. Cuomo announced a goal of 1500 MW of energy storage deployment by 2025 and committed $260 million in NY Green Bank and NYSERDA funds to support its achievement. See details on Gov. Cuomo's announcement of a storage target in his 2018 State of the State Address >>

  • ESA and 37 Signatories Ask Congress to Clarify ITC Eligibility of Energy Storage

    On December 15, the Energy Storage Association, along with 36 other companies and associations, asked Congressional leadership to clarify eligibility of energy storage for the Investment Tax Credit in any end-of-year energy tax legislation, based on bipartisan, bicameral support for the Energy Storage Tax Incentive and Deployment Act (S. 1868 and H.R. 4649).

  • National Grid will join #ESACon18 as Utility Host in Boston

    WASHINGTON, D.C. – December 13, 2017 - The Energy Storage Association (ESA) is pleased to welcome National Grid, one of the largest investor-owned energy companies in the world, as the official Utility Host of the 28th Annual Energy Storage Association Conference & Expo (#ESACon18), next April 18-20 at the Hynes Convention Center in Boston, Massachusetts.

  • US Energy Storage Deployments Up 46 Percent Annually in Q3 2017

    Boston, Mass. and Washington, D.C., December 7, 2017 - According to the latest U.S. Energy Storage Monitor from GTM Research and the Energy Storage Association (ESA), 41.8 megawatts of energy storage were deployed across the U.S. in the third quarter of 2017. This represents 46 percent growth year-over-year and 10 percent growth over the second quarter of the year.

  • CEO Statement on New York's Enactment of an Energy Storage Deployment Program

    Statement from Kelly Speakes-Backman, CEO of the Energy Storage Association, on the enactment in New York of a state energy storage deployment program (pursuant to Assembly Bill 6571):

    “It’s a great day for energy storage in New York. We applaud Governor Cuomo, Assemblywoman Paulin, and Senator Griffo for their leadership on energy storage and their historic decision to pass and enact Assembly Bill 6571. By signing the bill into law, the Governor joined the unanimous opinion of the legislature that a long-term commitment to deploy energy storage is critical to a more reliable and resilient, affordable, and sustainable electric system for New Yorkers. That long-term commitment, moreover, sends a strong signal to the rapidly growing U.S. energy storage industry to invest and hire New York. Energy Storage Association members look forward to working with the Public Service Commission to determine an appropriate target for energy storage deployment in New York by 2030, as well as supporting NYSERDA and LIPA in administering innovative programs to meet that target.”

    Governor Cuomo's approval statement can be accessed here.

    New York Assembly Bill 6571 can be accessed here.

  • Affordable Energy Coalition Welcomes Members Representing Consumers And Businesses

    Today, Advanced Energy Economy (AEE), the American Wind Energy Association (AWEA), BP, the Electricity Consumers Resource Council (ELCON), Energy Storage Association (ESA), Industrial Energy Consumers of America (IECA), and R Street Institute joined the Affordable Energy Coalition (AEC) to stand up for electricity consumers across America and urge the Federal Energy Regulatory Commission (FERC) to reject the Department of Energy's (DOE) harmful grid proposal. 

  • Energy Storage Association Maps Out Path Forward for a Disruption-Proof, Resilient Grid: 35 GW of Energy Storage by 2025

    Washington, D.C., November 6, 2017 - The Energy Storage Association (ESA) today released its “35x25: A Vision for Energy Storage” white paper, which maps a clear and actionable pathway to reaching 35 gigawatts (GW) of new energy storage systems installed in the U.S. by 2025. Created in conjunction with Navigant Research, the white paper outlines the market drivers that are powering rapid storage industry growth and explains the value of a disruption-proof grid. It also quantifies the considerable benefits of widespread energy storage deployment, such as $4 billion in cumulative operational grid savings and the potential for more than 167,000 new jobs. The report charts 35 GW of new installations across all energy storage technologies from 2017 to 2025.

  • Bennet Leads Effort to Ensure Federal Funding Can Be Used to Rebuild More Resilient and Clean Energy Systems After Disasters

    Washington, D.C. – U.S. Senator Michael Bennet (D-CO), along with Senators Ron Wyden (D-OR) and Martin Heinrich (D-NM), today introduced legislation to ensure federal disaster funding can be used to build more resilient, efficient, clean, and low-cost energy systems. The bill targets critical infrastructure and directs the Department of Energy’s national labs to provide assistance in rebuilding efforts. The introduction comes on the heels of today’s U.S. Senate Committee on Homeland Security and Governmental Affairs hearing addressing the federal response to this year’s hurricanes. 

  • Sens. Coons, Moran, Reps. Poe, Thompson introduce bipartisan, bicameral legislation to level the playing field for clean energy

    Master Limited Partnerships Parity Act would give clean energy projects access to a tax advantage currently available only to oil, gas, and coal projects

    October 25, 2017

    WASHINGTON, D.C. – U.S. Senators Chris Coons (D-DE) and Jerry Moran (R-KS), and Representatives Ted Poe (R-TX-02) and Mike Thompson (D-CA-05) re-introduced bipartisan legislation to level the energy playing field by giving investors in a range of clean energy projects access to a decades-old corporate structure whose tax advantage is currently available only to investors in fossil fuel-based energy projects. The Master Limited Partnerships Parity Act is a straightforward, powerful modification of the federal tax code that could unleash significant private capital by helping an emerging class of energy-generation and renewable fuel companies to form master limited partnerships, which combine the funding advantages of corporations and the tax advantages of partnerships. 

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