Department of Energy Makes Energy Storage Key Component of Multi-Billion Dollar Grid Infrastructure Improvement Strategy
ESA Executive Director Joins Biden, Moniz in Philadelphia for Rollout of Quadrennial Energy Review
WASHINGTON, April 21, 2015 /PRNewswire-USNewswire/ -- The Energy Storage Association (ESA) commends the Department of Energy for highlighting energy storage as a critical piece of our energy infrastructure. With today's release of the Quadrennial Energy Review (QER), the Administration is laying the foundation for a multi-billion dollar investment in more resilient and dynamic grid assets like energy storage systems.
The first-ever quadrennial energy review – initiated by President Obama in 2014 – identifies numerous facets of our energy transmission and distribution system in need of immediate improvement, and highlights different solutions to address these challenges and vulnerabilities.
"We applaud the DOE and the White House for their focus on addressing critical infrastructure needs in the nation's energy grid," said Matt Roberts, Executive Director of the ESA. "We worked closely with DOE to develop impactful proposals that would leverage energy storage systems and many of these recommendations are reflected in the final report."
The first edition of the QER focuses on transmission and delivery systems in our energy infrastructure. Energy storage was integrated into the DOE's review as a critical asset that increases flexibility, allows for greater renewable integration, and creates a more resilient energy grid.
One of the key recommendations in the document is to establish a framework and strategy for storage adoption and flexibility, and developing fair and competitive market structures for new services and technologies like energy storage.
ESA joined Vice President Biden and Secretary of Energy Moniz at the announcement of the QER release in Philadelphia today. During the event, Matt Roberts said that "ESA looks forward to working with DOE and Congress to craft legislation that reflects these policy ideas, codifying the importance of including energy storage in every aspect of our nation's energy system."
To learn more about the role energy storage systems play in creating a more resilient and flexible energy grid, we invite you to join industry leaders at the ESA 25th Annual Conference & Expo, which will be held May 27-29, 2015 at the Hyatt Regency Dallas in Dallas, TX. Additional information, including a complete agenda, registration information and sponsorship opportunities are available at http://annual-conference.energystorage.org/.
About ESA –
The Energy Storage Association (ESA) is the national trade association for the energy storage industry whose mission is to promote, develop and commercialize competitive and reliable energy storage delivery systems for use by electricity suppliers and their customers. ESA members represent a diverse group of entities, including electric utilities, energy service companies, independent power producers, technology developers deploying advanced batteries, flywheels, compressed air energy storage, thermal storage, pumped hydropower, supercapacitors and component suppliers, such as power conversion systems.
To learn more about the Energy Storage Association, please visit www.energystorage.org.
CONTACT: Matt Roberts
202-293-0537 / [email protected]
SOURCE Energy Storage Association
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