The role of Georgetown s new energy storage box

4 FAQs about The role of Georgetown s new energy storage box

How will energy storage affect New York's energy grid?

In June 2024, New York's Public Service Commission expanded the goal to 6,000 MW by 2030. Storage will increase the resilience and efficiency of New York's grid, which will be 100% carbon-free electricity by 2040. Additionally, energy storage can stabilize supply during peak electric usage and help keep critical systems online during an outage.

Will New York achieve 6 GW of energy storage by 2030?

To meet these new goals, accelerate the deployment of storage and support the transition to a clean electric grid, in January of 2022, Governor Hochul directed DPS and NYSERDA to update New York State's Energy Storage Roadmap to double deployment, achieving at least 6 GW of energy storage deployments by 2030.

What is New York's 6 GW energy storage roadmap?

On December 28, 2022, the New York State Energy Research and Development Authority (NYSERDA) and the New York State Department of Public Service (NYSDPS) submitted to the NYS Public Service Commission a new Energy Storage Roadmap entitled, “New York's 6 GW Energy Storage Roadmap: Policy Options for Continued Growth in Energy Storage”.

Can energy storage meet New York's climate goals?

The Roadmap analysis recognizes the critical role for energy storage in meeting New York's climate goals and enabling an emissions-free electric grid. It proposes to invest an estimated $1 billion - $1.7 billion through 2030 to support new programs and funding to deploy large-scale, distributed, and residential energy storage.

With Federal Support Uncertain, New York

In line with requirements set out by the PSC in the June 2024 Order, NYSERDA proposes to procure 200 MW of 8+ hour-duration

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In line with requirements set out by the PSC in the June 2024 Order, NYSERDA proposes to procure 200 MW of 8+ hour-duration storage capacity in each 1,000 MW

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Utility-owned storage can be deployed to help New York achieve its climate and storage deployment goals while providing a uniquely valuable resource in addressing transmission

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Microsoft Word

The Roadmap provides a framework and set of proposals to achieve 6 GW of energy storage on the electric grid by 2030. The Roadmap analysis recognizes the critical role for energy storage

Energy Storage Program

Energy storage is essential to a resilient grid and clean energy system. Learn about the types of energy storage, available incentives, and more.

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