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United States of America: Xcel Energy secures USD 70 million from DOE for the deployment of long duration energy storage systems

Description

On 22 September 2023, Xcel Energy announced that it received financial assistance of up to USD 70 million from the US Department of Energy for the deployment of two long-duration energy storage system...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Sep 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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