In 2019, New York passed the nation-leading Climate Leadership and Community Protection Act (Climate Act), which codified some of the most aggressive energy and climate goals in the country, including 1,500 MW of energy storage by 2025 and 3,000 MW by 2030. In June 2024, New York's Public Service Commission. Energy storage technologies and systems are regulated at the federal, state, and local levels, and must undergo rigorous safety testing to be. On June 20, 2024, the New York Public Service Commission approved the Order Establishing Updated Energy Storage Goal and Deployment.
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.
The Roadmap proposed 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.
Emerging long-duration and multi-day energy storage technologies can lower the annualized system costs of achieving New York's 2030 climate goals by 6 percent ($0.4 billion/year) compared to scenarios in which lithium-ion batteries are the only available storage technology.
Energy storage technologies and systems are regulated at the federal, state, and local levels, and must undergo rigorous safety testing to be authorized for installation in New York. You can download NYSERDA's New York State and New York City factsheets to learn more about energy storage regulations and safety in your community.
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.
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.