Energy storage npb

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6 FAQs about [Energy storage npb]

What is the implementation plan for bulk energy storage?

The Implementation Plan provides an operating framework for the program, with additional details to be provided in Bulk Energy Storage program solicitations. The plan begins with background on the 2019 Climate Leadership and Community Protection Act (the “Climate Act”) and the 2022 Energy Storage Roadmap (the “Roadmap”) as updated in March 2024.

Are bulk energy storage projects eligible for the ISC program?

In addition, a bulk energy storage project that is expressly included in an awarded Tier 1 REC or OREC contract may nonetheless be eligible for the ISC program if the REC or OREC contract provides that, upon award of an ISC contract (or similar), the REC contract is adjusted accordingly.

What is the difference between LSE bulk energy storage (Bes) and NYGATS?

While the process for an LSE Bulk Energy Storage (BES) obligation and reconciliation is similar to those of NYSERDA Large-Scale Renewables programs, some differences exist. No Renewable Energy Certificates (RECs) will be created in NYGATS for the Bulk Energy Storage program.

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

As New York electrifies buildings, transportation and industrial end uses, accelerating energy storage deployment will provide a flexible solution to help meet these additional demands on the grid and support the retirement of downstate fossil fuel generators near their end of life.

What is New York's energy storage goal?

New York's Climate Leadership and Community Protection Act (Climate Act) codified a goal of 1,500 MW of energy storage by 2025 and 3,000 MW by 2030. In June 2024, New York’s Public Service Commission expanded the goal to 6,000 MW by 2030.

Why is energy storage important?

Energy storage is essential for creating a cleaner, more efficient, and resilient electric grid. Additionally, these projects will provide meaningful benefits to Disadvantaged Communities and Low-to-Moderate Income New Yorkers. Energy storage is essential to a resilient grid and clean energy system.