VIRGINIA, US - Uncertainty and opportunity in the Biden administration's infrastructure and climate bill incentives challenge regulators and utilities to plan smarter.

According to the company, while they are potential key resources of a net zero emissions energy sector, advanced long-duration battery technologies and green hydrogen generated from water with clean energy face perplexing uncertainties.

They further stated that first, they may not be ready until the late 2030s and early 2040s, global consultant DNV said Oct. 13. Or Form Energy's 100-hour battery systems would see "broad commercialization" by 2024, as the company said Dec. 22, and green hydrogen would "play a major role in global emissions reductions by 2030," as reported by RMI Oct. 11.

Second, that uncertainty may be amplified by significant long-term incentives for both resources in 2022's Inflation Reduction Act, IRA and 2021's bipartisan infrastructure law, and the just-released national transportation decarbonization plan, analysts said. RH2 and battery providers are seeking the new billions available in the legislation, with either potentially winning overlapping opportunities.

The incentives "are shifting possibilities" for long-duration energy storage, or LDES, technologies "like Form Energy's battery and green hydrogen" that can meet extended system outages, said American Clean Power Association, or ACP, Vice President, Energy Storage, Jason Burwen. But "neither has been deployed at grid scale yet, which makes this a horse race between two hypotheticals," he added.

Source: Utility Dive