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
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.
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.
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”.
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.
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