US Senators Introduce Energy Storage Bill

U.S. Senators have introduced a Storage Technology for Renewable and Green Energy Act for 2013. This Act, also known as the STORAGE Act, will promote the deployment of energy storage technologies in the U.S. All storage technologies are supported by the bill.

The Act provides a 20% investment tax credit of up to US$40 million per project for storage systems that are connected to the grid and distribution system.The total amount available for these projects is capped at $1.5 billion.

Rhode Island’s renewable energy laws

By Representative Deborah Ruggiero

Rhode Island ranks among the lowest 10 states in the country when it comes to renewable energy. However, in the 2011 session, the General Assembly passed a suite of renewable energy laws -- some of the most cohesive and comprehensive in the nation—that will leap frog Rhode Island from laggard to leader in renewable energy.  It’s more than just protecting our environment, it’s about creating jobs in our state.