Long-Duration Energy Storage Demonstration Initiative

From USApedia


Stored: Long-Duration Energy Storage Demonstration Initiative

Long-Duration Energy Storage Demonstration Initiative
Type Initiative
Sponsor Organization Office of Clean Energy Demonstrations
Top Organization Department of Energy
Creation Legislation Bipartisan Infrastructure Law
Website Website
Purpose Speeds up long-duration energy storage deployment for 10+ hours, boosting grid stability and renewables while cutting fossil fuel use at scale.
Program Start 2022
Initial Funding $505 million
Duration Until funds are expended
Historic No

Long-Duration Energy Storage Demonstration Initiative focuses on advancing the technology and market readiness of energy storage systems that can discharge electricity for 10 hours or more. By supporting the demonstration of these technologies in real-world settings, the initiative aims to enhance the stability of the electric grid, facilitate the integration of variable renewable energy sources, and decrease the use of fossil fuel peaker plants.[1]

Official Site

Goals

  • Demonstrate the technical and economic viability of various long-duration storage technologies.[2]
  • Support the transition to a cleaner, more resilient energy system.
  • Reduce costs and prove scalability for long-duration energy storage solutions.

Organization

The initiative is managed by the Office of Clean Energy Demonstrations (OCED) within the U.S. Department of Energy. It involves a competitive process for selecting projects that show promise in addressing grid challenges. Funding comes from the Bipartisan Infrastructure Law, with OCED overseeing project management and outcomes.

The leader of the program holds the title/position of **Director of the Office of Clean Energy Demonstrations**.

Partners

  • No specific partnerships are listed, but the initiative collaborates with utilities, technology developers, and research institutions.

History

Authorized by the **Bipartisan Infrastructure Law**, this initiative was launched in 2022 to address the need for energy storage solutions that can manage the variability of renewable energy sources beyond short-duration batteries. Key historical events include the announcement of funding opportunities and the selection of projects across different technologies like thermal, mechanical, and electrochemical storage.

Funding

The initiative was initially funded with $505 million to support the demonstration of long-duration energy storage projects.[3] This funding is used to cover part of the project costs, with a requirement for cost-sharing from project developers.

Implementation

Implementation involves:

  • Issuing funding opportunities for project proposals.
  • Selecting projects based on technology innovation, potential impact, and scalability.
  • Monitoring project progress and evaluating outcomes to inform future policy and investment.

The initiative will continue until the allocated funding is fully utilized.

Related

External links

Social media

  • No specific social media accounts for this initiative; follow the Department of Energy for updates.

References