“The Princeton community continues to be on the leading edge of energy technology. It should surprise no one that they are leading the way on battery storage technology. I’m grateful to the Department of Energy for continuing to recognize and support Princeton, NJ and TreadStone Technologies as they continue to shape the future," said U.S. Representative Bonnie Watson Coleman (NJ-12).
DOE also launched the Energy Storage for Social Equity initiative- a $9 million program designed to help communities better assess storage as a solution for increasing energy resilience while maintaining affordability and combating high energy insecurities. Nationally, more than 65% of low-income households face a high energy burden and more than 30% of all households experienced some form of energy insecurity-sometimes even foregoing food, medicine, and comfort in order to pay an energy bill.
Selected communities will gain access to DOE’s technical experts for assistance in conducting energy, economic, and spatial analysis, as well as assistance in developing and deploying locally-tailored energy storage projects.
The Energy Storage for Social Equity initiative is another example of DOE’s commitment to ensuring an equitable clean energy transition. On Sept. 15, 2021, DOE announced a new Communities LEAP initiative aimed at helping environmental justice communities and communities with historical ties to fossil fuel industries take direct control of their clean energy future. Learn more about the Energy Storage for Social Equity initiative.
Interested communities must complete an Interest Form by 5:00 PM ET on November 5, 2021.
Source: U.S. Dept. of Energy, Office of Energy Efficiency & Renewable Energy
