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The U.S. Department of Energy (DOE) allocated approximately **$397 million** to energy storage initiatives in its 2019 fiscal year budget. This funding supported research, development, and deployment (RD&D) of advanced battery technologies, grid-scale storage systems, and next-generation solutions like flow batteries and thermal storage.
Key programs under this budget included:
- Energy Storage Grand Challenge: A multi-year initiative to accelerate innovation and maintain U.S. leadership in storage technologies.
- Battery500 Consortium: Aimed at developing lithium-metal batteries with 500 Wh/kg energy density, nearly doubling existing capabilities.
- Long-Duration Storage Shot: Targeting systems capable of 10+ hours of storage at $0.05/kWh by 2030.
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