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Federal Opportunities to Leverage Energy Storage

How Congressional leaders can strengthen America’s economy, infrastructure, and competitiveness with battery energy storage

Investing in America’s long-neglected infrastructure will create jobs, build a more resilient economy, and enhance American competitiveness. The need for economic stimulus is especially acute in the wake of the Covid-19 pandemic, which has brought hardship to millions of Americans.

Energy storage is an indispensable part of a modern, resilient electrical grid. Accelerating storage deployments will help society avoid outages and economic impacts from extreme weather; integrate electric vehicles (EVs) onto the grid and maximize their benefits; and enable a stable, reliable, zero-emissions grid powered by variable renewables. Notably, energy storage projects are “shovel-ready” and can be pursued without delay to benefit local workers, businesses, and communities.

To help Congressional leaders leverage energy storage to strengthen America’s economy, infrastructure, and competitiveness, this whitepaper discusses:

  • The value proposition for energy storage
  • Why a federal investment tax credit (ITC) for standalone energy storage is so important
  • Policy recommendations for maximizing benefits from energy storage as electric vehicle (EV) infrastructure, as a flexible resource, and as an enabler of a more resilient grid
  • Why federal storage policy should accelerate market development and drive innovation in business models and software intelligence
AUTHOR​
Chris MatheyVP of Federal Policy and Business Development, Stem Inc.
Chris Mathey

Download the Whitepaper Now.

Let's talk.

Contact the experts at Stem and learn how smart storage can power your business forward.

Stem HQ: 100 California St 14th Floor San Francisco, CA 94111

For Support or Sales inquiries, call 877-374-7836(STEM).

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Let's talk.

Contact the experts at Stem and learn how smart storage can power your business forward.

Stem HQ: 100 California St 14th Floor San Francisco, CA 94111

For Support or Sales inquiries, call 877-374-7836(STEM).

  • You may unsubscribe from these communications at any time. For more information on how to unsubscribe, our privacy practices, and how we are committed to protecting and respecting your privacy, please review our Privacy Policy.

Let's talk.

Contact the experts at Stem and learn how smart storage can power your business forward.

Stem HQ: 100 California St 14th Floor San Francisco, CA 94111

For Support or Sales inquiries, call 877-374-7836(STEM).

  • You may unsubscribe from these communications at any time. For more information on how to unsubscribe, our privacy practices, and how we are committed to protecting and respecting your privacy, please review our Privacy Policy.

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Copyright © 2022 Stem, Inc.

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Customers

Enterprise

Commercial & Industrial

Utilities

Electric Cooperatives

Project Developers

Solar EPCs

IPPs & Asset Owners

Federal

Solutions

Athena

Energy Storage

Solar Plus Storage

Wholesale Energy Markets

Microgrids, Backup Power & Voltage Support

Utility Bill Optimization

Demand Response

Commercial EV Charging

Sustainability

Professional Services

Incentives & Programs

Federal Storage ITC

California’s Energy Storage Opportunities

Connecticut Energy Storage Solutions Programs

Hawaii’s Battery Bonus Program

Massachusetts SMART

New York VDER

Ontario Global Adjustment

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