New york energy storage field

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

Governor Kathy Hochul today announced that the New York State Public Service Commission approved a new framework for the State to achieve a nation-leading six gigawatts of energy storage by 2030, which represents at least 20 percent of the peak electricity load of New York State.

What is New York's energy storage roadmap?

The roadmap is a comprehensive set of recommendations to expand New York's energy storage programs to cost-effectively unlock the rapid growth of renewable energy across the state and bolster grid reliability and customer resilience.

What is New York state's energy storage goal?

This Order formally expands the State’s goal to 6,000 Megawatts of energy storage to be installed by 2030, and authorized funds for NYSERDA to support 200 Megawatts of new residential-scale solar, 1,500 Megawatts of new commercial and community-scale energy storage, and 3,000 Megawatts of new large-scale storage.

How will energy storage impact New York?

As New York continues to invest and build a cleaner grid, energy storage will allow us to use existing resources more efficiently and phase out the dirtiest power plants. This transition will help New York meet its greenhouse gas emission reduction goals, improve public health, and mitigate the future impacts of climate change.

What does Ace NY say about energy storage in New York?

Alliance for Clean Energy Director of Membership Services & Policy Analyst New York Kyle Rabin said, “ACE NY applauds Governor Hochul, the New York State Public Service Commission, and NYSERDA on this important step to achieving a greater deployment of energy storage across the state.

How much energy storage does New York have in 2024?

As of April 1, 2024, New York has awarded about $200 million to support approximately 396 megawatts of operating energy storage in the state. There are more than 581 megawatts of additional energy storage under contract with the State and moving towards commercial operation.