SEIA creates Storage Advocacy Network to boost policy support for new technology
SEIA announces a new venture to prioritize energy storage in advocacy, membership, research and events.
Called the Storage Advocacy Network, the venture will be a formal arm of SEIA serving as a national and national advocate for energy storage. Storage is a billion dollar part of the cleantech industry, but companies need strong policy leadership to ensure they can maximize their growth in the solar industry and beyond.
SEIA offers one seat on the board of directors to the chairman of the storage division and ten free memberships to various companies focusing on energy storage. Working with several SEIA committees, the Storage Advocacy Network will shape the organization’s energy storage lobby and public affairs.
“Solar energy and storage are inextricably linked, and SEIA is increasingly working at the crossroads of these market-changing technologies,” said Abigail Ross Hopper, SEIA president and CEO. “Over the next decade, we need to drastically expand solar + storage facilities to meet emissions targets, and we need world-class federal and state advocacy to help us get there.”
SEIA will be fully committed to state and federal policies that scale up the competitive deployment of energy storage, increase private sector investment in storage, and create well-paid jobs throughout the storage value chain. The Storage Advocacy Network is a natural evolution of the ongoing work SEIA is doing across the country to create and expand energy storage markets.
Storage is already a vital part of SEIA’s Solar + Decade ambitions – for solar to deliver 20% of US electricity generation by 2030 – and will be critical to President Biden’s goal of achieving zero net emissions by 2035. reach the energy sector. As renewable energy capacity grows, ramping up energy storage on the US grid will be critical no matter what source it is tied to.
According to an analysis by Wood Mackenzie, the US energy storage market is on track to grow five times larger by 2025, from 1.5 GW in 2020 to 7.8 GW in 2025. The US energy storage market surpassed $ 1.5 billion by 2020 and on its current trajectory will be an annual market of $ 7.6 billion by 2025. But to reach 100 GW of energy storage by 2030, the annual deployment of storage must more than double between 2025 and 2030.
“There is a huge gap between our energy storage goals and where we are today, and business as usual is not a recipe for success,” Hopper said. “SEIA is the voice of open market competition in the electricity industry, and we have a unique role to play in ensuring that energy storage is deployed quickly and at a low cost to America’s energy future.”
Last week, SEIA, along with the Colorado Solar and Storage Association, negotiated favorable interconnection standards in the Rocky Mountain State. SEIA will also continue its involvement in the code and standard process to ensure that storage is properly included in the rules governing the installation and linking of storage resources.
SEIA’s research and events have increasingly focused on energy storage over the years, and the organization’s signature research reports, such as Solar Means Business, will include new analysis on energy storage adoption and market trends. SEIA’s events already have a significant focus on energy storage. The industry’s flagship event, North America Smart Energy Week, includes North America’s largest energy storage conference, Energy Storage International.
In the near future, SEIA will announce how the organization will further integrate storage into its core research products, educational programming and policy advocacy.
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