New Federal Money for Energy Storage: The Inflation Reduction Act
Friday, December 16, 2022 @ 1:00 PM - 2:30 PM ET
The $430 billion federal Inflation Reduction Act – the largest federal climate investment package in US history – features many new supports for energy storage development, from expanding access to tax credits to new grant and loan opportunities. In this webinar, panelists dug into what this new Act means for energy storage in the US, what types of activity will be eligible for funding, and how the new IRA funding mechanisms fit together with the previously announced IIJA funding.
- Dr. Imre Gyuk, US Department of Energy
- Gina Coplon-Newfield, DOE Office of Policy
- Wayne Killen, DOE Loan Programs Office
- Russ Weed, CleanTech Strategies LLC
- Elizabeth Crouse, K&L Gates
- Todd Olinsky-Paul, Clean Energy States Alliance (moderator)
This was the second webinar in a two-part series on energy storage and federal climate legislation. The first webinar was produced in August and focused on funding opportunities within the Infrastructure Investment and Jobs Act. (See: New Federal Funding for Energy Storage: What’s Available and How To Qualify)
This webinar was a presentation of the Energy Storage Technology Advancement Partnership (ESTAP). ESTAP is a federal-state funding and information sharing project that aims to accelerate the deployment of electrical energy storage technologies in the U.S. ESTAP is funded by the U.S. Department of Energy Office of Electricity, managed by Sandia National Laboratories, and administered by the Clean Energy States Alliance.