S.1741 - Reducing the Cost of Energy Storage Act of 2019116th Congress (2019-2020)
|Sponsor:||Sen. Wyden, Ron [D-OR] (Introduced 06/05/2019)|
|Committees:||Senate - Energy and Natural Resources|
|Committee Meetings:||07/09/19 10:00AM|
|Latest Action:||Senate - 07/09/2019 Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. (All Actions)|
This bill has the status Introduced
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Summary: S.1741 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (06/05/2019)
Reducing the Cost of Energy Storage Act of 2019
This bill requires the Department of Energy (DOE) to research and develop ways to reduce the cost of energy storage, including by (1) facilitating innovation in the manner in which energy storage systems are conceived, designed, manufactured, installed, and used for various energy services; and (2) identifying, addressing, and reducing market barriers that limit energy storage adoption.
As part of its research and development, DOE must pay special attention to energy storage needs and opportunities that are relatively underdeveloped and potentially transformative for the electric grid.
DOE must develop cost targets (e.g., technology costs, installation costs, balance of services costs, and soft costs) for energy storage across all types of energy storage technology.