Rhode Island enacts energy storage law, targeting 600 MW by 2033
Rhode Island governor Daniel McKee signed the 2024 Energy Storage Systems Act into law on June 26. The legislation sets ambitious storage targets as well as legally binding commitments to invest in and improve upon the state’s existing energy storage infrastructure.
The newly enacted legislation provides a basis for Rhode Island to accelerate its clean energy transition and stabilize its electricity grid. By 2030, the state is aiming to meet all its energy demand using renewable sources. Boosting energy storage technology will play a key role in this.
Under the law, Rhode Island is targeting 600 MW of installed energy storage capacity by 2033, with 195 MW to be installed by 2028, and 90 MW to be in operation by 2026.
In addition to these legally binding targets, Rhode Island Infrastructure Bank will develop programs to facilitate energy storage projects across multiple relevant sectors. The state’s Public Utility Commission will be entitled to request distribution companies to procure cost-effective energy storage systems.
Rhode Island State Representative Art Handy described the enactment as a “big step forward” for the state.
“Especially with the growing threat of extreme weather, this legislation will ensure we have the power we need, when we need it. We’re talking about dependable power, more jobs, and a cleaner environment for everyone.”
Handy co-led the Act alongside Rhode Island State Senator Dawn Euer. “The 2024 Energy Storage Systems Act isn’t just about technology—it’s about people,” she said. “It’s about creating good, steady jobs and making sure our communities have power when they need it. Rhode Island is committed to a clean energy future and we’re showing how it’s done.”
In May of this year, Rhode Island was one of 21 U.S. states to sign up for a grid modernization scheme that aims to reinvigorate the country’s old power system.