Saturday, March 7, 2026

What the Inflation Reduction Act can do for energy storage

Dignitaries including US Secretary of Energy Jennifer Granholm touring flow battery manufacturer ESS Inc’s Oregon factory premises a few days ago. The ITC could reduce the economic gap between lithium-ion and flow batteries, Morten Lund says. Image: Business Wire.

“President Biden entered office with a pledge to build a new economy powered by clean energy—one that lowers costs for American families, creates good-paying jobs for American workers, and increases our energy independence,” US Secretary of Energy Jennifer Granholm said a few days ago.

“Thanks to the Senate’s passage of the Inflation Reduction Act of 2022, the Biden-Harris administration is on the cusp of delivering on that pledge.” 

It’s been a rollercoaster couple of weeks for US clean energy, an industry that’s used to rollercoaster-like ups and downs in policy and market…

Read more…

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles