Day of Action to advocate on #StorageITC

September 7, 2021
LinkedIn
Twitter
Reddit
Facebook
Email
An ITC would change the industry overnight, Yann Brandt at system integrator FlexGen said earlier this year. Image: FlexGen.

Advocating for an investment tax credit (ITC) for energy storage, a Day of Action will be launched tomorrow (8 September 2021) by the US national Energy Storage Association (ESA).

A federal ITC has been previously described as the quickest way to incentivise and support the deployment of energy storage technologies, including but not limited to battery storage, in the US. 2019 analysis by Wood Mackenzie Power & Renewables forecast a boost in deployments of about 20% if the ITC were to be introduced

The ITC has been successful in pushing forwards the US solar industry over the last few years. At present however, the ITC only applies to energy storage facilities which are directly paired with solar generation, charging at least 70% of their stored energy from the colocated solar power plant. ESA is pushing for a 30% ITC for standalone energy storage, preferably with a direct-pay option, which would make the process of obtaining rebates simpler and quicker. The association recently reiterated that the ITC remains its key policy advocacy priority.

Supported by other industry groups including the New York Battery and Energy Storage Technology Consortium (NY-BEST), ESA’s Day of Action will include letters being sent en masse to Congress, ahead of deliberations by the House of Representatives. The association will also provide those who sign up with social media posts that can be widely shared to spread the word. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

There had been a hope that the ITC — or #StorageITC to use ESA’s social media hashtag of choice — would be included in the Bipartisan Infrastructure Bill that recently got passed in the Senate, but with that opportunity having gone, the measure could be included in Budget Reconciliation this year.  

In an April interview with this site, Yann Brandt, CFO at utility-scale energy storage system integrator and technology provider FlexGen said that while energy storage is already booming in many parts of the US, the introduction of an ITC would make “energy storage work all over the place,” from an economic viewpoint, changing the market overnight. 

You can sign up to support the Day of Action here.

Read Next

October 17, 2025
US storage and solar developer-operator Lightshift Energy, along with KeyBanc Capital Markets, have closed a US$75 million credit facility.
October 17, 2025
European Association for Storage of Energy (EASE), which represents 70 member organisations across the industry value chain, has undergone a rebrand.
October 16, 2025
Fluence has announced a solar-plus-storage project in Arizona, while Greenflash Infrastructure adds to its Texas BESS portfolio.
October 15, 2025
Energy storage developers are securing significant capital and strategic partnerships, with ESS Inc launching a 50MWh iron flow battery pilot, Energy Vault closing a US$300 million investment, and NineDot obtaining US$175 million in debt financing.
Sponsored
October 15, 2025
At RE+ 2025, the Chinese energy solution provider discusses modular design innovations, efficiency gains, and navigating an uncertain policy landscape.

Most Popular

Email Newsletter