This table includes all existing state energy storage procurement mandates, targets, and goals. These terms describe various ways states may set an intention to attain a specified level of energy storage deployment by a specific date, and the role of regulated electric utilities in helping realize that intention.
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More recently, the 2021 Infrastructure Investment and Jobs Act provides $8.2 billion in advance appropriations for CCS programs over the 2022–2026 period. In addition, companies that capture and store CO 2 are eligible for the section 45Q federal tax credit, which gives them an incentive to use CCS and reduces federal revenues.
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Energy storage is a fast-growing resource that helps balance energy supply and demand, save money, facilitate carbon pollution-free energy, and increase resilience. GSA is proud to demonstrate this technology at several of its public buildings today. Last December, President Biden signed an executive order laying out an ambitious and urgent .
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