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Energy Storage Support: Research, Loan, and Grant Programs

This act aims to enhance energy security and power supply reliability by supporting the development of energy storage systems. Citizens may benefit from more stable power supplies, especially in rural areas, and better utilization of renewable energy sources. Loan and grant programs are designed to accelerate the implementation of new energy storage technologies in homes and businesses.
Key points
Research programs for new energy storage technologies, with a budget of $50 million.
Loans for deploying energy storage systems for states, universities, utilities, and other entities, focusing on rural areas and improving grid reliability.
Technical assistance and grant programs to help plan and design energy storage systems, with a budget of $250 million through 2026.
Support for microgrids that can operate independently during main grid failures, increasing power supply security.
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Additional Information
Print number: 117_HR_2822
Sponsor: Rep. Takano, Mark [D-CA-41]
Process start date: 2021-04-22