A bill to direct the Secretary of Energy to establish a program to advance energy storage deployment by reducing the cost of energy storage through research, development, and demonstration, and for other purposes.
About This Bill
Committee
Latest Action · July 9, 2019
Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. With printed Hearing: S.Hrg. 116-327.
Reducing the Cost of Energy Storage Act of 2019
This bill requires the Department of Energy (DOE)to research and develop ways to reduce the cost of energy storage, including by (1)facilitating innovation in the manner in which energy storage systems are conceived, designed, manufactured, installed, and used for various energy services; and (2)identifying, addressing, and reducing market barriers that limit energy storage adoption.
As part of its research and development, DOE must pay special attention to energy storage needs and opportunities that are relatively underdeveloped and potentially transformative for the electric grid.
DOE must develop cost targets (e.g., technology costs, installation costs, balance of services costs, and soft costs) for energy storage across all types of energy storage technology.
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