How is the 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 State's energy storage goal?

New York State is targeting the installation of 1,500MW of energy storage by 2025 and 3,000MW of energy storage by 2030 as it closes in on its 100% clean energy policy goal.

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 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.

Will New York State become a major hub for energy storage?

Dr. M. Stanley Whittingham, Distinguished Professor at Binghamton University and Nobel Laureate in Chemistry for his development of lithium-ion batteries, said, "The new Energy Storage Roadmap released today will further bolster New York State as a major hub for the energy storage industry.

How many megawatts of energy storage are there in New York?

As of November 2022, New York has awarded over $500 million to support approximately 130 megawatts of operating energy storage in the state. There are more than 1,300 megawatts of additional energy storage under contract with the State and moving towards commercial operation.