Power

Energy Storage Association companies to join ACP, expanding merger

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Energy Storage Association will merge with the American Clean Power Association, by joining member companies; the parties announced this Monday. The merger of the two will become effective around January 1, 2022.

Firstly, ahead of the merger, the ACP will establish a new council, the Storage Council, that will guide the strategic priorities of ACP’s energy storage work.

Secondly, the Council will ensure that a diversity of business models and industry segments are represented; specially throughout decision-making that impacts energy storage.

Thirdly, according to the statement, ACP and ESA will work jointly to advocate enactment by Congress of the storage investment tax credit (ITC) this year as a top priority; along with continuing to make progress on policies that advance storage in states and in organized wholesale markets.

Moreover, the merger will expand ACP’s advocacy strategy by incorporating more storage industry interests immediately. Indeed, the merger will provide value to ACP’s existing members by adding storage expertise to ACP’s work and bringing numerous new resources to bear for storage advocacy for ESA’s member companies.

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Energy Storage industry in U.S. hits a turning point

In addition, about the relevance of the merger, Heather Zichal, CEO of ACP, said. “We are thrilled the member companies at the U.S. Energy Storage Association (ESA) have endorsed the planned merger with ACP. This will enhance our ability to become a more forceful advocate for wind, solar, storage and transmission.”

Furthermore, she remarked. “The merger will help deliver more value for our members and build a best-in-class trade association that is nimble; also, effective and able to represent all clean energy industries; all, with a unified voice on some of our top priorities including the investment tax credit for storage projects.”

On the other hand, ESA Interim CEO Jason Burwen, said. “ESA’s membership has approved a merger with the American Clean Power Association; starting a powerful new chapter for energy storage. Consequently, the U.S. energy storage industry has passed an inflection point in its growth.”

Finally, he remarked, “Merging with ACP will ensure our members have the resources and support they need to attain ESA’s vision of 100 GW of new energy storage by 2030. I look forward to working with ACP to continue serving our members with advocacy; also, education, research, and networking on an expanded platform. Our clean future depends on deploying both energy storage and renewables at scale. We rise faster together.”

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