The Energy Department plans to announce $350 million for long-duration energy storage on Monday, among the first actions under the agency’s new mission to demonstrate clean technologies.
The department is targeting up to 11 demonstration projects capable of delivering electricity for 10 to 24 hours or longer—a major leap from current battery technology that tends to be a 4-hour duration, David Crane, director of the Office of Clean Energy Demonstrations, told Bloomberg Law ahead of the announcement.
The DOE would fund up to ...
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