NYSERDA has $280 million available for energy storage projects to assist the state in combatting climate change and support Governor Cuomo’s nation-leading energy storage target of 3,000 MW by 2030. The funding is part of a larger $400 million energy storage investment to put New York on the path to carbon neutrality, under the Governor’s Green New Deal.
Focused on driving down costs and creating a self-sustaining market, NYSERDA is currently supporting two energy storage programs: one for systems over 5MW in wholesale markets and another for systems up to 5MW for commercial customers.
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Energy Storage in New York State