![]() ![]() SEIA is lobbying aggressively to ensure legislation that extends the ITC to energy storage technologies moves through Congress. SEIA strongly supports the creation of an Investment Tax Credit (ITC) for energy storage. SEIA is the leading voice of open market competition in the electricity sector, and we have a unique role to play in ensuring that energy storage is deployed as quickly as possible, and at the lowest possible cost.Ĭompare solar battery options on metrics like capacity, efficiency, and warranties. That’s why SEIA is a fierce advocate for the energy storage industry as a whole. grid, regardless of resource pairings, will provide key benefits to electricity customers and the overall economy. Increasing energy storage at strategic points on the U.S. While there is certainly plenty of room for growth of stand-alone solar in most states, the long-term success of the solar industry and its ability to scale beyond about 20% of total electricity generation depends on the cost-effective integration of storage. Many solar companies view storage as a business growth opportunity. For distributed projects, storage can help customers manage the move toward time-of-use (TOU) pricing and later TOU periods and give system owners access to the power from their solar panels for more hours of the day. ![]() The cost of lithium-ion batteries (the most common type of storage paired with solar) has fallen rapidly as manufacturing has scaled up to support both electric grid applications and electric vehicles. Energy storage can smooth electricity prices through arbitrage, manage evening energy ramps, mitigate the risk of curtailment, provide black start capability, provide backup power and more. As solar penetration increases, states and solar companies are turning to storage. Solar and storage create business opportunities for each other. Read more about SEIA's ongoing advocacy on behalf of competitive storage nationwide Why Solar + Storage? Membership in SEIA by storage technology providers and their supply chain partners is a must have in gaining access to the solar market and in leading solar + storage policy priorities.We have an entire division of our membership dedicated to storage - The Storage Advocacy Network, as well as a policy steering committee working on solar + storage issues. SEIA is the voice of of the competitive storage industry. ![]() To reach our goal of solar accounting for 30% of electricity generation by 2030, storage will play an increasing role in providing power when the sun is not shining.6% of wind and natural gas projects in the queue have storage attached, while 34% of pending solar projects are paired with batteries A May 2021 report from Lawrence Berkeley National Lab showed that of all the energy generation projects in interconnection queues nationwide, solar is accounting for the majority of projects paired with energy storage.While storage can be used in many applications, the success of the storage technology is intimately tied to solar because of its potential for meteoric growth in the solar sector.Ultimately, the wide-scale adoption of solar will lead to the wide-scale adoption of storage, which will in turn lead to more opportunities to deploy solar. Solar + storage has, and will continue to have, a symbiotic relationship.Federal, state and local policy action is needed to unleash the potential of storage nationwide, and SEIA is leading that advocacy. must dramatically ramp up standalone storage and solar + storage installations to achieve our economic and climate goals. ![]() grid will be critical, regardless of what resource it’s paired with. As clean energy capacity increases, ramping up energy storage on the U.S. Storage is playing a revolutionary role in the further advancement of solar and clean energy. ![]()
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