This new standard focuses specifically on installations of battery systems, flywheels, ultra-capacitors, and electric vehicle smart charger vehicle-to-grid (V2G) technologies that are used for storing electrical energy in premises wiring systems.
NECA hails intro of bill to create tax credit for energy storage
The National Electrical Contractors Association on Friday praised S. 3159, the Energy Storage Tax Incentive and Deployment Act, a bipartisan bill introduced by Sen. Martin Heinrich (D-N.M.) designed to establish investment tax credits for business and home use of energy storage.
Senate agrees to move forward on energy-policy bill
Upgraded transmission line and distribution infrastructure, part of the energy-policy bill, coupled with implementation of smart grid technology will improve the reliability, efficiency, and security of the nation’s electricity infrastructure.