Dear Chair Alexander, Ranking Member Feinstein, Chair Kaptur, and Ranking Member Simpson,
We write to you today to respectfully request your committees’ support for substantial FY21 public investments in U.S. energy storage technology innovation.
The U.S. energy storage industry employs over 60,000 people, and grid energy storage systems account for approximately $1 billion annually in economic activity. Advances in energy storage technologies are transforming the U.S. electricity system by bolstering grid reliability and resilience, reducing electricity market prices, and improving the integration of a diverse and clean energy generation mix. The Department of Energy’s (DOE) energy storage research programs are essential to developing and deploying the next generation of commercially-viable energy storage solutions, filling the innovation pipeline that U.S. companies depend on to improve commercial offerings, grow, and create jobs. It is for that reason that Secretary Brouillette has launched the Energy Storage Grand Challenge, dedicating the federal government to spur technology and business developments to meet 21st century electric system needs.