Inflation Reduction Act legislation is an unexpected “huge shot in the arm” for that could double the addressable domestic market.

The US market is on course to reach 13.5GWh of energy storage installations during 2022, according to Wood Mackenzie Power & Renewables.

The signing of the Inflation Reduction Act by US president Joe Biden has been considered a major step forward for clean energy.

Energy storage is ready to become a key pillar of the US energy transition, writes Andy Tang of Wärtsilä Energy.

It’s been a rollercoaster couple of weeks for US clean energy, an industry accustomed to ups and downs in policy and market dynamics.

Tax incentives for energy storage included in the US’ Inflation Reduction Act could mean fewer solar-plus-storage hybrid plants are built.

The Inflation Reduction Act took a significant step forward over the weekend as US vice-president Kamala Harris cast a decisive vote.

Hopes have been raised once again that US lawmakers could introduce an investment tax credit for energy storage.

Andy Tang, VP of energy storage & optimisation for global energy technology group Wärtsilä, discusses software, supply chain, non-lithium storage technologies and more in this exclusive interview.

Actions taken this month by the US government to support solar industry unlikely to come at the expense of support for energy storage.