US Announces $350 Million for Long-Duration Energy Storage Demonstration Projects
The program will be managed by DOE & fund up to 11 demonstration projects
November 15, 2022
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The Biden-Harris Administration has announced a $350 million fund for Long-Duration Energy Storage (LDES) demonstration projects. These storage projects are built to deliver electricity for up to 10 to 24 hours or even longer to support a low-cost, reliable, and carbon-free electric grid.