From pv magazine ESS news place
Interest in long-term energy storage (LDES) is growing rapidly as demand for clean, reliable capacity grows. New funding was announced in the US this week in an effort to make a variety of LDES technologies commercially viable.
The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) on Tuesday issued a Notice of Intent (NOI) for up to $100 million to fund pilot-scale energy storage demonstration projects focused on non-lithium technologies. hourly drainage systems and stationary storage applications. A funding application is expected in late summer/early fall.
OCED plans to fund 3 to 15 projects, with each project offering $5 to $20 million, with a minimum 50% non-federal cost share per project. Projects require applicants to have a team that includes a technology provider and encourage the inclusion of utilities, facility owners/operators, developers, financiers and others who support a clear path to commercial adoption, the agency said in a news release.
The funding is intended to support the advancement of a diverse range of non-lithium LDES technologies. It is part of the Long-Term Energy Storage Pilot Program funded by the Bipartisan Infrastructure Law at a cost of $505 million.
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