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Myriant Succinic Acid Biorefinery (MYSAB), Lake Providence, Louisiana

The Department of Energy is proposing to authorize the expenditure of up to $50 million in federal funding to Myriant Lake Providence, LLC to support the final design, construction, and start-up of the proposed Myriant Succinic Acid Biorefinery to be located on a 55-acre industrial site leased from the Lake Providence Port Commission in Lake Providence, Louisiana.

Reliable access to cost-effective electricity is the backbone of the U.S. economy, and electrical energy storage is an integral element in this system. Without significant investments in stationary electrical energy storage, the current electric grid infrastructure will increasingly struggle to provide reliable, affordable electricity, jeopardizing the transformational changes envisioned for a modernized grid. Investment in energy storage is essential for keeping pace with the increasing demands for electricity arising from continued growth in U.S. productivity, shifts in and continued expansion of national cultural imperatives (e.g., the distributed grid and electric vehicles), and the projected increase in renewable energy sources.

Reliable access to cost-effective electricity is the backbone of the U.S. economy, and electrical energy storage is an integral element in this system. Without significant investments in stationary electrical energy storage, the current electric grid...

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