Today, the boards of directors of the American Clean Power Association (ACP) and the U.S. Energy Storage Association (ESA) voted to pursue a merger of the two trade associations. Accordingly, they’re looking to combine their staff, programs, and members.
Read more of our news content, here; Hydro One helps customers access financial relief
About the possible merge
Moreover, according to the parties, the merger will bring together the diverse membership and talented team members of ESA; as well as the resources and reach of ACP.
Additionally, it will enhance the American Clean Power Association’s efforts to advocate for the economic and environmental advantages of the clean power economy. Besides, it will further position the renewable energy and storage industries for success as they move into a decade of transformative growth.
In this regard, Jim Murphy, President of Invenergy and the Chairman of the board for ACP, commented in a media release; “In fact, energy storage is foundational to a cleaner energy future for the country.”
Thus, “joining together with ESA strengthens the unified voice of the clean power industry,” commented Murphy. Particularly “as we continue to transform the U.S. power grid to a low-cost, reliable and renewable power system.”
Worth noting, the American Clean Power Association launched at the start of 2021 as a new trade association unifying the wind, solar, storage, and transmission companies; particularly those driving jobs and investment in the U.S. economy and providing solutions to the climate crisis.
Reception and about ACP and ESA
Thus, the merger with ESA will be the second for ACP, following its merger with the American Wind Energy Association (AWEA) in January of 2021.
On the other hand, ESA represents a diverse group of over 200 companies involved in manufacturing, deploying, and operating energy storage systems in the U.S. and around the globe. Therefore, ESA’s membership comprises the full diversity of energy storage technologies and business models; particularly, those needed for a more resilient, efficient, sustainable, and affordable electricity grid.
Accordingly, Kiran Kumaraswamy, the Vice President of Market Applications at Fluence and the Chairman of the Board for ESA, commented in a media release; “Indeed, our Board sees the merger with ACP as a powerful new chapter for our industry; and also, a pathway to achieving 100 GW of new energy storage by 2030. Thus, the ESA Board of Directors is confident that a merger will elevate advocacy; research, and educational efforts on behalf of the energy storage industry; also, with significant benefits and expanded opportunities for ESA’s staff and membership.”
Lastly, the merger will take effect on January 1, 2022, subject to final approval from ESA’s members.