Global Trade Alert
Global Trade Alert

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

Announcement

22 Sep 2023

In September 2023, Xcel announced receiving funding from the government for the deployment of long-duration energy storage systems.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Sep 2023

Revocation date:

No revocation date

Updated: 22 Sep 2023
Financial grant In force

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 sys...

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