SummaryAfter a successful Round 1, the U.S. Department of Energy (DOE) Office of Electricity (OE) is excited to announce Round 2 of the Energy Storage Innovations Prize is now open for submissions. This single-phase, $300,000 competition aims to gain insights on innovative, emerging, and next-generation energy storage solutions that address niche markets and inform the DOE’s strategy on transformative storage technologies to accelerate grid modernization for all consumers, while achieving needed reliability, affordability, resilience, and energy security.This competition places a focus on less conventional use cases (e.g., remote communities, extreme operating conditions) and innovative (less mature) energy storage technology solutions, across all duration scales, to advance the market landscape.Submissions will be judged on how innovative the use case and solution are, the strength of the plan, and other unique benefits.Prizes Up to five Storage Innovations Champions will receive a $50,000 cash prize each and up to five Storage Innovations Finalists will receive a $10,000 cash prize each.