Thermal Storage

Sales and Use Tax for Alternative Energy and Advanced Transportation

This is a sales and use tax exemption for various processes (e.g., advanced manufacturing, advanced transportation). Of particular interest is “alternative sources”, which broadly include technologies used for renewable electrical generation facilities, distributed generation, energy storage technologies, and other technologies that reduce the need for

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Climate Catalyst Revolving Loan Fund

This $1 billion fund is dedicated to jumpstarting critical climate solutions and bridging financing gaps to help advanced technologies more quickly reach scale. It is open to public and private sector applicants and seeks to use a range of instruments to help finance innovative climate

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Electric Program Investment Charge (EPIC)

The Electric Program Investment Charge (EPIC) was established in 2011 and augmented in 2022 with an additional $1 billion in funding to last through 2030. The program expedites the development and demonstration of technologies that increase resilience and decarbonize California’s electric grid and energy use.

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Climate Innovation Program

This program, added to California’s 2022-2023 budget, offers a total of $525 million to fund technological advancements that will help meet GHG reduction goals and increase climate resilience. “Clean energy generation and storage” is referenced in a non-exhaustive list of example technologies, and there is

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