fiscal policy

November 15, 2022
Long-duration energy storage (LDES) projects in the US will be able to compete for a share of “nearly US$350 million” of government funding.
November 4, 2022
Canada’s government will introduce tax incentives for clean energy technologies, including solar PV, battery storage, and hydrogen.
February 18, 2022
Energy storage industry executives have urged US legislators to swiftly reach a consensus on the Build Back Better Act, with a strong emphasis on introducing the investment tax credit (ITC) for standalone storage. 
February 2, 2022
The Indian government’s decision to classify grid-scale energy storage as infrastructure addresses the industry’s “biggest concerns” by making investments easier to facilitate, Energy-Storage.news has heard. 
January 11, 2022
US$380 million in support for long-duration energy storage projects in California has been included in the state’s budget for 2022-2023. 
November 2, 2021
The UK will exempt clean energy technologies from business rate rises while tenders for large-scale renewables will allow bids to include generation projects colocated with energy storage. 
September 14, 2021
Investment tax credit (ITC) incentives for energy storage have been included in the US House of Representatives’ chief tax-writing committee, along with extensions to the solar ITC and reintroduction of a solar production tax credit (PTC).
March 10, 2021
A politically bipartisan effort to introduce investment tax credit (ITC) incentives to support and accelerate the deployment of energy storage in the US could be a “once in a generation opportunity” to protect the future of the earth.
February 2, 2021
Specific recommendations from a prominent industry group for tax reforms and other changes to support energy storage were not included India’s Union Budget for 2021-2022, but certain aspects of the budget such as the promotion of domestic self-reliance have been welcomed by it.
February 3, 2020
The India Energy Storage Alliance (IESA) has welcomed provisions in finance minister Nirmala Sitharam’s Union Budget 2020-2021 to support renewables and prioritise climate change policy, although the group hopes more will be done to support in-country manufacturing of batteries for applications including ESS.

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