The Baker Administration launched the Energy Storage Initiative in May 2015, with the goal of advancing the energy storage segment of the Massachusetts clean energy industry by:
- Attracting, supporting and promoting storage companies in Massachusetts
- Accelerating the development of early commercial storage technologies
- Expanding markets for storage technologies, and valuing storage benefits to clean energy integration, grid reliability, system wide efficiency, and peak demand reduction
- Recommending and developing policies, regulations and programs that help achieve those objectives.
The ESI aims to find the most cost efficient and effective way to help transform the market. DOER will utilize the $10 million allocation from the 2014 Alternative Compliance Payment (ACP) Spending Plan for energy storage to pursue a multi-pronged approach to establish an energy storage market structure as well as build strategic partnerships and support storage projects at the utility, distribution system, and customer side scale.
The ESI includes a study and demonstration projects.