Storage Bill Expanding Utility Rate Recovery Options for Battery Projects Clears Senate Committee

With bipartisan support, the Senate Energy and Natural Resources Committee last week advanced a comprehensive energy storage package, reported as an amendment to the Better Energy Storage Technology (BEST) Act. Introduced by Sen. Susan Collins, R-Maine, the BEST Act would require the federal government to support energy storage research and demonstration projects. Along with the attached bills, it would open a standardized path for utilities to recover storage costs in federal rate proceedings. The measure now heads to the full Senate, where supporters say there is enthusiasm.