- Sen. Jeff Flake (R-Ariz.)
- Sens. Martin Heinrich (D-N.M.)
- Jim Risch (R-Idaho)
- Mike Crapo (R-Idaho)
- Michael Bennet (D-Colo.)
WHAT IT DOES
Sets a goal of developing three commercially-viable energy storage solutions by 2028.
WHY WE LIKE IT
S. 1455, along with another bipartisan bill from Sen. Flake addressing advanced nuclear technologies, gets to the heart of ClearPath’s efforts to modernize the Department of Energy by addressing a major lapse in federal energy innovation: the lack of real and ambitious goals for applied research.
Advances in energy storage have the potential to transform U.S. electricity markets. Grid-scale energy storage holds the promise of opening the door wider for both reliable clean energy sources like nuclear and intermittent renewable power sources by capturing excess electricity when prices are low and utilizing that energy during peak demand.
But current grid-scale technologies are not nearly cheap or large enough to be widely deployed.