Full Title: Long Duration Energy Storage: Policies to Help America Lead
Author(s): Isabelle Chan and Nicholas Montoni
Publisher(s): Third Way
Publication Date: January 10, 2023
Full Text: Download Resource
Description (excerpt):
Electrochemical Long Duration Energy Storage (LDES) provides America with the opportunity to reestablish itself as a manufacturing powerhouse—revitalizing industry and jobs in the pursuit of net-zero emissions. Between 2020-2050, US-based LDES equipment manufacturing could create over 10,600 jobs per year, billions of dollars in exports, and substantially progress global emissions reductions.
To fully capture this competitive advantage, the US will need to support the effective implementation of existing clean energy policies while simultaneously bolstering innovative funding for R&D, demos, and incentives for US companies to choose to stay and manufacture in America.