Heinrich Questions Officials On Energy Storage During Energy And Natural Resources Committee Hearing

U.S. Sen. Martin Heinrich
WASHINGTON, D.C. During an Energy and Natural Resources Committee hearing Tuesday, U.S. Sen. Martin Heinrich (D-N.M.) questioned witnesses on the opportunities for expanding the deployment of grid-scale energy storage in the United States.
“Increasing energy storage for renewable resources, like wind and solar, opens the door for New Mexicans to have access to a power grid that is more resilient, reliable, cost-effective, and available during emergencies,” Heinrich said. “By modernizing our energy infrastructure we can create jobs, help drive down costs for countless families and businesses, and take steps to build a cleaner, brighter future.”
During the hearing, Heinrich asked how energy storage can help reduce greenhouse-gas emissions. He also discussed how state and federal regulations can support energy storage in different applications that save money and increase the resilience and reliability of the grid.
Heinrich has been a champion for building a more secure and robust 21st century energy infrastructure, which is critical to realizing the nation’s true clean energy potential and creating jobs. A key component of that is integrating energy storage into the nation’s grid. Energy storage complements intermittent renewable resources–such as wind and solar–to increase full-time availability, provide backup power in case of emergencies, and help reduce the need for high-cost power during periods of peak demand.
Heinrich introduced the bipartisan Energy Storage Tax Incentive and Deployment Act of 2019 to establish an investment tax credit for business and home use of energy storage. Currently, there are no direct tax incentives available for energy storage. He is also a cosponsor of the Better Energy Storage Technology (BEST) Act to support grid-scale storage research and development, and the Promoting Grid Storage Act that lays out the foundation for the systematic deployment of energy storage technologies.
A list of witnesses and testimony, and the archived webcast of today’s hearing is available here.