Energy storage is critical to New York’s clean energy future. As renewable power sources like wind and solar provide a larger portion of New York’s electricity, storage will allow clean energy to be available when and where it is most needed.
As New York continues to invest and build its cleaner grid, energy storage will allow us to better use existing resources more efficiently and with fewer emissions. With storage, New York’s grid can reduce electricity from the dirtiest power plants during periods of peak demand, such as on hot summer days.
If you or your company are interested in evaluating, developing, or installing energy storage technologies in New York State, NYSERDA can help you:
- Access incentives and technical resources for installing energy storage for your business
- Learn about the benefits of pairing solar and energy storage for your home
- Take advantage of technical assistance and expert one-on-one consulting for developers and contractors to help with project siting, sizing, and economics
- Access the Energy Storage Guidebook to support local governments manage better energy storage system development in their community
- Find opportunities for researchers and manufacturers to develop new energy storage technologies and solutions
- Learn how New York will deploy 1,500 MW of energy storage by 2025 and 3,000 MW by 2030
- Find information on the State’s progress towards its clean energy goals, as described in the first annual State of Storage Report.
Energy Storage in New York
In 2019, New York passed the nation-leading Climate Leadership and Community Protection Act (Climate Act), which codified some of the most aggressive energy and climate goals in the country.
- 6,000 MW of Solar by 2025
- 70% Renewable Energy by 2030
- 3,000 MW of Energy Storage by 2030
- 9,000 MW of Offshore Wind by 2035
- 100% Carbon-free Electricity by 2040
- 85% Reduction in GHG Emissions from 1990 levels by 2050
Energy storage will play a crucial role in meeting these our State’s ambitious goals. Storage will help to integrate clean energy into the grid, reduce costs associated with meeting peak electric demands, and increase efficiency. Additionally, energy storage can stabilize supply during peak electric usage and help keep critical systems online during an outage.
All of this while creating an industry that could employ 30,000 New Yorkers by 2030.
Find energy storage systems in New York State and access performance data from projects supported by NYSERDA on the Distributed Energy Resources Integrated Data Systems map.
For information on all energy storage systems approved for funding by NYSERDA since April 2019 under its bridge incentive programs, download the dataset at Open NY.
On the Path to 2030
In 2018, New York State announced a nation-leading goal of 1,500 Megawatts (MW) of energy storage by 2025. NYSERDA and the New York State Department of Public Service (DPS), together with stakeholders, developed the New York State Energy Storage Roadmap. The Roadmap identified the most promising near-term policies, regulations, and initiatives needed to realize the ambitious 2025 target on a path to a 2030 storage target.
In December 2018, the New York Public Service Commission (PSC) issued a landmark energy storage order, based upon the Roadmap recommendations. The order established a 3,000 MW by 2030 energy storage goal and deployment mechanisms to achieve both the 2025 and 2030 energy storage targets and focuses on:
- Improving the overall efficiency of the system by stimulating third-party investment
- Uncovering and rewarding locational and time-of-day values
- Spurring the pace of cost-reduction and efficiencies by seeking markets at scale and promoting competition
- Removing impediments to accessing finance as well as data that highlights areas of the grid with the greatest need for the benefits of storage
- Authorizing a total $350 million in bridge incentives to accelerate the energy storage market, including funding for solar-plus-storage projects within the NY-Sun initiative, plus another $53 million RGGI funds
- Directing the New York’s six investor-owned utilities to hold competitive procurements for a minimum of 350 MW of bulk-sited energy storage
- Regulatory changes to customer rates and utility solicitations that reflect the environmental benefits and resiliency energy storage brings to the grid
- Recommendations to improve wholesale market design and enable distributed energy resources to meet distribution system and wholesale system needs more cost effectively for ratepayers
- Continued efforts to streamline permitting and siting challenges, reduce the non-hardware costs of energy storage, and ensure straightforward access to market rules and opportunities
- Training needs, training inventory, and Workforce Development investments in energy storage
Stakeholders may find the summary slide deck of the Order presented by NYSERDA and DPS [PDF] as a useful resource.
On April 25, 2019, NYSERDA filed its approved implementation plan with the PSC that outlines the details of the incentive structure and design that will be used to support the incentive programs. The implementation plan adopts the foundational commitment of the energy storage order and aims to create a self-sustaining energy storage market over time.