A subcommittee of the US House Committee on Appropriations has approved more than a billion dollars in support for developing energy storage deployment, research and manufacturing in a funding bill for the 2021 Fiscal Year.
The Congressional Committee, which makes funding decisions on the federal government’s key activities, approves 12 bills a year on topics including legislation, labour and education, defense and energy and water.
Yesterday, the FY 2021 Energy and Water Development Funding Bill was approved by the Committee, set to invest a total of US$49.6 billion in programmes to address climate change, improve infrastructure, strengthen national security and make measures to support the revitalisation of the economic in the wake of the coronavirus pandemic.
The Committee noted that this was an increase of US$1.26 billion – or 3% – above the 2020 equivalent Bill. Also included was US$43.5 billion of emergency spending for the repair of water infrastructure and the modernisation of energy infrastructure. The bill now heads to the full committee for markup.
In the section on electricity, the Bill proposed a total of US$3.35 billion of “necessary expenses related to grid modernisation programmes”. Alongside a US$2 billion commitment to grants and demonstration for the enhancement of grid resilience, reliability and energy security of national electricity infrastructure including allowing for the greater adoption of renewable energy, there were specific pledges on energy storage. These were:
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