Dive Brief:
- Consolidated Edison plans to use energy storage to partly make up for the possible shutdown of the 2,040-MW Indian Point nuclear plant.
- If the nuclear plant is not re-licensed, ConEd plans to offer incentives for energy storage projects in New York City office buildings.
- Energy storage could save about 100 MW, according to the contingency plan filed with the New York Public Service Commission.
- If the Indian Point plant is retired, New York also plans to increase natural gas and renewable generation and build power lines to import power from Canada.
Dive Insight:
Energy storage would meet only a fraction of Indian Point's supply, but it could be an important part by supplying power to meet New York's peak load. The proposed plan is a sign that New York regulators are taking energy storage seriously.