CEG provides information, technical guidance, policy and regulatory design support, and independent analysis to help break down the barriers to energy storage deployment and advance the development and implementation
The need to reduce greenhouse gas emissions has catalysed the rapid growth of renewable energy worldwide. However, the intermittent nature of renewable energy requires the support of energy storage systems (ESS) to provide ancillary services and save excess energy for use at a later time.
The purpose of this report is to arm relevant decision makers with the initial layer of information they need to understand energy storage and to make informed policy, regulatory, and investment decisions around grid-connected energy storage.
This leads to an opportunity for energy companies, but a challenge for policymakers. The rapid development and deployment of energy storage technologies and applications must be supported through ambitious RD&D
But here''s the kicker: none of this growth would''ve happened without strategic energy storage enterprise support policies acting as rocket fuel for innovation.
The authors support defining energy storage as a distinct asset class within the electric grid system, supported with effective regulatory and financial policies for development and deployment within a storage-based smart grid system in which storage is placed in a central role.
By aligning with policy-driven incentives such as Investment Tax Credits, sustainability mandates, and capacity market reforms, Trina Storage empowers stakeholders to optimize grid stability, enhance renewable energy integration, and meet ambitious decarbonization targets.
In addition to the state survey, we also surveyed six energy storage development companies and one industry consultant, to compare their policy priorities with those of the state energy agencies.
The EU policy framework for energy storage is based on strategic initiatives such as the European Battery Alliance, support for research and innovation in energy storage technologies, and legislation covering the electricity markets and low -carbon transport.
The Department of Energy''s (DOE) Energy Storage Strategy and Roadmap (SRM) represents a significantly expanded strategic revision on the original ESGC 2020 Roadmap.
