TechCrunch reporter Devin Coldewey writes that a new report by MIT researchers finds that in order to successfully transition to a renewable energy grid, the federal government must intervene to help build green energy storage at a scale to meet the nation’s needs. “The federal government has the means both to subsidize the utilization of existing storage options and to fund intensive research into new and promising ones,” writes Coldewey of the report’s findings. “A hydrogen energy storage system could be a game changer, the report notes, but it isn’t going to fund itself. Like other critical infrastructure, it must be paid for up front by the feds and paid off over time.”
In the MediaJuly 7, 2022