Growth and Legal Implications of Energy Storage Technologies

The energy storage industry is growing at burgeoning rates. New technologies are lowering the cost and improving the efficiency of energy storage devices. But with widespread adoption comes a myriad of legal issues. When states are creating their own legal frameworks to encourage or discourage investment in energy storage, the industry is hampered by inconsistency and a lack of predictability. By implementing broad federal regulations, the federal government can remove uncertainty and encourage growth and development of energy storage technologies. Thanks to companies like Tesla who are making energy storage more appealing and affordable, demand for behind-the-meter energy storage is increasing. The world is at the cusp of an energy storage revolution, and the United States has an opportunity to lead in that revolution by passing legislation that spurs on the rapid growth of energy storage