Subscribe To Premium
Premium Subscription

cost reduction target

Eos_Energy-Stack_Ground-Level_low_res

US Department of Energy: Cost reduction target of 90% by 2030 set for long-duration energy storage

July 14, 2021
The cost of long-duration, grid-scale energy storage should be reduced 90% within this decade in order to accommodate the “hundreds of gigawatts of clean energy” needed, US Secretary of Energy Jennifer Granholm said yesterday.

Email Newsletter

Most Popular

US DOE funds energy storage tech for critical facilities backup and resiliency demonstrations

US clean energy future hangs in balance in US Senate’s ‘vote-a-rama’ on reconciliation bill  

Prevalon Energy’s 320MWh Idaho BESS enters commercial operations

Premium

Powin ‘struggling to compete with Chinese OEMs’ integrated BESS offerings’

Fengate, Alpha Omega Power’s California BESS operational after ‘rigorous’ fire training

500Ah+ cells becoming new BESS industry standard as Chinese firms launch large-cell technology race

Upcoming Events

Green Hydrogen Summit UK & Ireland 2025

July 1
 - July 2
, 2025
London, UK

UK Solar Summit 2025

July 1
 - July 2
, 2025
London, UK

Wind Power Finance & Investment Summit

July 1
 - July 2
, 2025
Leonardo Royal Hotel London Tower Bridge, London, UK

ASIA Sustainable Energy Week 2025 (ASEW)

July 2
 - July 4
, 2025
Bangkok, Thailand

Battery Asset Management Summit Australia

August 26
 - August 27
, 2025
Sydney, Australia

Large Scale Solar Southern Europe 2025

September 16
 - September 17
, 2025
Athens, Greece
Energy-Storage.News is part of the Informa Markets Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Copyright © 2025. All rights reserved. Informa Markets, a trading division of Informa PLC.