New York Awards $15 Million to Advance Long Duration Energy Storage Solutions

KC Kratt / CC BY-SA 4.0

(WNY News Now) – Governor Kathy Hochul has announced a $15 million award to four demonstration projects promoting long duration energy storage solutions, enhancing New York’s electric grid with stored renewable energy.

Albany, NY – Governor Kathy Hochul revealed today that a total of nearly $15 million has been allocated to four demonstration projects aimed at advancing long duration energy storage solutions. These projects are set to play a crucial role in harnessing and delivering stored renewable energy to New York’s electric grid. The announcement comes as part of the state’s commitment to the Climate Leadership and Community Protection Act’s objective of installing 3,000 megawatts of energy storage by 2030, with future aspirations reaching 6,000 megawatts.

Governor Hochul emphasized the significance of these technological advancements in decreasing dependence on fossil fuels and seamlessly integrating renewable energy into local communities. She stated, “Each energy storage technology breakthrough reduces our reliance on fossil fuels and marks progress toward successfully integrating renewable energy into communities across the state.”

Administered by the New York State Energy Research and Development Authority (NYSERDA), the awarded funds support the development and demonstration of long duration energy storage projects that last from 10 hours to over 100 hours at rated power. Additionally, an extra $8.15 million has been designated to support promising long duration energy storage solutions, encompassing devices, software, controls, and other complementary technologies that have yet to reach commercialization.

Governor Hochul also introduced a new funding opportunity for projects focusing on product development, demonstration, and cost-sharing inclusion in federal funding submissions. Proposals are open for submission until October 17, 2023, with further details available on NYSERDA’s website.

Governor Hochul’s announcement coincided with her establishment of an Inter-Agency Fire Safety Working Group to examine energy storage facility fires and safety standards, further solidifying New York’s leadership in fire safety and stationary energy storage systems.

Funding for these projects is sourced from NYSERDA’s Renewable Optimization and Energy Storage Innovation Program.

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