trending Market Intelligence /marketintelligence/en/news-insights/trending/Zcv_BDNSMzB60s7IzHi7zg2 content esgSubNav
In This List

DOE launches program to bolster US energy storage supply chain

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Insight Weekly: Soaring food prices; bankruptcies reach new low; insurtech M&A to accelerate

Blog

Essential Energy Insights - November 2021

Blog

European Energy Insights October 2021


DOE launches program to bolster US energy storage supply chain

The U.S. Department of Energy launched a program to speed up the advancement of battery storage technologies and establish the U.S. as a leader in energy storage utilization and exports.

The program aims to strengthen the U.S. domestic manufacturing supply chain and become independent of foreign sources of critical materials by 2030. The program is managed by DOE's Research and Technology Investment Committee.

Dubbed as the Energy Storage Grand Challenge, the program builds on the $158 million advanced energy storage initiative under the current administration's 2020 fiscal year budget request.

The agency will release requests for information soliciting stakeholder feedback on the program, and will also host a series of workshops with key stakeholders.