The New York State Energy Research and Development Authority (NYSERDA) has released an “Energy Storage Roadmap” detailing efforts to reach 1,500MW of energy storage capacity by 2025.
Gov. Andrew M. Cuomo stated that the roadmap would boost New York’s clean energy efforts and help the state combat climate change.
“This roadmap is the next step to not only grow our clean energy economy and create jobs, but to improve the resiliency of the grid to keep our power running in the face of extreme weather and other emergency situations,” Cuomo said in a press release announcing the report.
The plan was developed by the state Department of Public Service and NYSERDA to provide recommendations regarding energy storage projects with the aim to manage demands on the grid.
The roadmap will expedite the implementation of energy storage projects through a $200 million investment from the NY Green Bank, a state-sponsored energy investment fund.
The state estimates that reaching its 2025 storage goal could provide $2 billion in consumer benefits, including electric distribution system savings and from reduced greenhouse gas emissions.
“There is no doubt that we must act with urgency to combat the threat posed by climate change,” said Lieutenant Governor Kathy Hochul.
“Our state’s energy vision is leading us toward the cleanest, most advanced and efficient energy system in the nation. The Energy Storage Roadmap represents the next crucial step forward to tackle climate change and further develop our clean energy economy.”
Energy storage recommendations
- Retail Rate Actions and Utility Programmes - Improve customer retail delivery rates and programs like utility dynamic load management programmes
- Investor‐Owned Utility Roles - Enable development of a market‐based storage sector and align utility incentives to that end by clarifying the role and business model for investor‐owned utilities (IOUs) to manage the full customer bill, leveraging assets such as storage and expanded non‐wires alternatives (“NWA+”, where third‐party assets provide utility T&D deferral, reduce generation capacity obligations by reducing peak system load, and provide ancillary services to the wholesale market).
- Direct Procurement Approaches through NWAs, RECs and NYS Leading by Example - Expand the market by employing direct procurement approaches through utility NWAs, NYSERDA’s Renewable Energy Certificates (RECs) that can pair large‐scale renewables with energy storage, and NYS “Lead by Example” procurement initiatives.
- Market Acceleration Incentive - Utilise market acceleration bridge incentives to hasten the market learning curve and reduce costs.
- Address Soft Costs including Barriers in Data and Finance - Pursue cross‐cutting actions to reduce barriers including expanding access to more granular system load data to target highest‐need locations on the electric system, lowering costs (e.g., permitting, interconnection, and capital costs), and insuring access to a skilled workforce.
- “Clean Peak” Actions - Align storage approaches with Department of Environmental Conservation (DEC) draft combustion turbine peaking unit regulations to reduce NOx and develop approaches to differentially value peak carbon reductions.
- Wholesale Market Actions and Distribution / Wholesale Market Coordination - Develop approaches to directly or indirectly access wholesale market values (including capacity and ancillary service values) by modifying wholesale market rules to better enable storage participation.
The roadmap can be downloaded here...