Energy Storage Under News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Efforts to introduce investment tax credit (ITC) incentives to support and accelerate the deployment of energy storage in the United States are gaining traction in Congress and the Biden Administration.
Rising Demand for Energy Storage
As more and more of our country s electricity comes from intermittent renewable resources like solar and wind, energy storage is becoming increasingly crucial for maintaining reliability (keeping the lights on) and resilience (ensuring the grid can withstand emergencies such as wildfires and hurricanes), managing electricity costs during peak demand, as well as achieving state-level renewable portfolio standards and greenhouse gas emissions targets. ....

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