New York Moves to Establish Energy Storage Procurement Target for 2030

The New York State Legislature has sent to Gov. Andrew Cuomo companion bills that would lead to the development of an energy storage procurement target for the state.
The bills would direct the New York Public Service Commission (PSC) to set proceedings to establish an energy storage deployment program, and, by Jan. 1, 2018, establish a target for the installation of qualified energy storage systems to be achieved by 2030, according to the companion bills. The PSC also would establish programs to help the state achieve that target.
The PSC would consult with the New York State Energy Research and Development Authority (NYSERDA) and the Long Island Power Authority (LIPA) in setting the target. NYSERDA and LIPA would administer the energy storage deployment program.
“New York continues to be a hub for energy innovation and is a model for leveraging effective policy and market structures to advance practical solutions,” Matt Roberts, executive director of the Energy Storage Association, said in a June 22 statement. “It is critical that Governor Cuomo signs this unanimously-passed legislation and reaffirms the state’s commitment to addressing costly peak demand and integrating more sustainable energy. This legislation will bring significant benefits to New York ratepayers, improve system reliability, lower energy costs, and enable the increased deployment of sustainable energy.”
Roberts added that energy storage jobs in New York have increased more than 30 percent over the past four years to about 3,900.
Last week, NYSERDA said that up to $6.3 million now is available for energy storage technologies that have not yet been commercialized but could support renewable power sources in the state. NYSERDA will accept concept papers during the first round of this solicitation through July 20.
Source: REW