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Tremendous investment: US bipartisan infrastructure legislation puts billions into energy storage

The US’ bipartisan infrastructure bill’s passing by the Senate has been applauded by a range of energy storage industry stakeholders for helping unlock the country’s clean energy potential.

US$1.2 trillion in infrastructure spending on everything from road building to phasing out lead water pipes has been committed to through the legislation. It now needs to pass in the House of Representatives but is considered highly likely to do so, given a slim Democrat majority is held in that House. 

The bill recommends US$73 billion investment in the grid, including US$11 billion for grid resilience and US$3 billion to enhance grid flexibility, Karen Wayland, CEO of the GridWise Alliance said, calling it a “tremendous investment”. 

source: energy storage news