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"We said this about the incredible growth of grid battery storage from the White House last year. We had a press call with econ reporters & some climate reporters. I don’t think this got covered anywhere. www.whitehouse.gov/briefing-roo..."

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  "To grow the amount of energy storage on the grid, incentives from the President’s Investing in America agenda are spurring historic private deployment of large-scale energy storage capacity. Thanks to cost declines in battery energy storage, in just one year, grid-connected battery energy storage is on track to more than double. It is expected to nearly double again in 2024 (Figure 5). The latest forecasts, following the passage of the Bipartisan Infrastructure Law and the Inflation Reduction Act, show a dramatic expansion in capacity for grid-scale battery storage, far outpacing previous estimates (Figure 6). As of August 2023, grid-storage battery capacity is ahead of even this 2023 estimate."

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createdAt:

"2024-05-29T03:31:08.638Z"