What the budget bill means for energy storage tax credit eligibility
The new budget package revises critical incentives laid out by the IRA, focusing particularly on foreign sourcing restrictions, new domestic content thresholds and rapidly
Energy Storage Project Cost Budget: Breaking Down the Numbers for
This article targets professionals who need actionable data on energy storage costs, whether for grid-scale projects, solar+storage hybrids, or portable systems.
''One Big Beautiful Bill'' Act brings changes, clarity to energy storage
In its final form, the OBBB Act largely maintains tax credits for battery and other energy storage technologies through the next decade. This decision underscores the Trump administration''s...
The Project Financing Outlook for Global Energy Projects
An estimated 650 gigawatts (GW) (or 1,877 gigawatt-hours) of new energy storage capacity is expected to be added globally from 2023 to 2030, which would result in the size of global
US energy storage to ''retain momentum'' post-reconciliation bill, near
US energy storage projects that begin construction by the end of 2033 will remain eligible for investment tax credit (ITC) incentives. During last Friday''s Independence Day national holiday (4
A 2025 Update on Utility-Scale Energy Storage Procurements
As a result, energy storage negotiations will involve the consideration of new terminology (charging capacity, charging duration, storage capacity) and new issues (how quickly can the unit
The ''One, Big, Beautiful Bill Act'' brought
In its final form, the OBBB Act largely maintains tax credits for battery and other energy storage technologies through the next decade. This decision underscores the Trump administration''s
Community Energy Storage Financing
Now is an opportune time for communities considering energy storage projects to evaluate these new financial resources and mechanisms. This paper aims to raise awareness of these developments
Achieving the Promise of Low-Cost Long Duration Energy Storage
This report demonstrates what we can do with our industry partners to advance innovative long duration energy storage technologies that will shape our future—from batteries to hydrogen, supercapacitors,
Utility-Scale Battery Storage | Electricity | 2024 | ATB | NLR
Battery cost and performance projections in the 2024 ATB are based on a literature review of 16 sources published in 2022 and 2023, as described by Cole and Karmakar (Cole and Karmakar, 2023). Three