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Long-Duration Energy Storage Demonstration Initiative: Difference between revisions
Long-Duration Energy Storage Demonstration Initiative (view source)
Revision as of 22:55, 11 February 2025
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(Created page with "{{Program |ProgramName=Long-Duration Energy Storage Demonstration Initiative |ProgramType=Initiative |OrgSponsor=Office of Clean Energy Demonstrations |CreationLegislation=Bipartisan Infrastructure Law |Purpose=To accelerate the deployment of long-duration energy storage technologies that provide electricity for 10 or more hours, enhancing grid stability, supporting renewable integration, and reducing the reliance on traditional fossil fuel-based peaker plants. It seeks...") |
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|ProgramType=Initiative | |ProgramType=Initiative | ||
|OrgSponsor=Office of Clean Energy Demonstrations | |OrgSponsor=Office of Clean Energy Demonstrations | ||
|TopOrganization=Department of Energy | |||
|CreationLegislation=Bipartisan Infrastructure Law | |CreationLegislation=Bipartisan Infrastructure Law | ||
|Purpose=To accelerate the deployment of long-duration energy storage technologies that provide electricity for 10 or more hours, enhancing grid stability, supporting renewable integration, and reducing the reliance on traditional fossil fuel-based peaker plants. It seeks to validate these technologies at scale.<ref>{{cite web |url=https://www.energy.gov/oced/long-duration-energy-storage-demonstration-initiative |title=Long-Duration Energy Storage Demonstration Initiative |accessdate=January 30, 2025}}</ref> | |Purpose=To accelerate the deployment of long-duration energy storage technologies that provide electricity for 10 or more hours, enhancing grid stability, supporting renewable integration, and reducing the reliance on traditional fossil fuel-based peaker plants. It seeks to validate these technologies at scale.<ref>{{cite web |url=https://www.energy.gov/oced/long-duration-energy-storage-demonstration-initiative |title=Long-Duration Energy Storage Demonstration Initiative |accessdate=January 30, 2025}}</ref> | ||
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|InitialFunding=$505 million<ref>{{cite web |url=https://www.energy.gov/oced/articles/doe-announces-505-million-long-duration-energy-storage-demonstrations |title=DOE Announces $505 Million for Long-Duration Energy Storage Demonstrations |accessdate=January 30, 2025}}</ref> | |InitialFunding=$505 million<ref>{{cite web |url=https://www.energy.gov/oced/articles/doe-announces-505-million-long-duration-energy-storage-demonstrations |title=DOE Announces $505 Million for Long-Duration Energy Storage Demonstrations |accessdate=January 30, 2025}}</ref> | ||
|Duration=Until funds are expended | |Duration=Until funds are expended | ||
|Historic= | |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.<ref>{{cite web |url=https://www.energy.gov/oced/long-duration-energy-storage-demonstration-initiative |title=Long-Duration Energy Storage Demonstration Initiative |accessdate=January 30, 2025}}</ref> | '''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.<ref>{{cite web |url=https://www.energy.gov/oced/long-duration-energy-storage-demonstration-initiative |title=Long-Duration Energy Storage Demonstration Initiative |accessdate=January 30, 2025}}</ref> | ||