NYSERDA announces $6.3M to commercialize storage for renewables support
The New York State Energy Research and Development Authority (NYSERDA) announces up to $6.3 million available for the commercialization of energy storage technologies that could support renewable power sources in New York State.
In the first round competitive solicitation for the funding, NYSERDA will accept concept papers through July 20; winners will receive funding to move their proposals forward.
- NYSERDA is looking for energy storage projects that can help advance the state's goal of obtaining 50% of its electricity from renewable sources by 2030.
New York Gov. Andrew Cuomo (D)'s Reforming the Energy Vision (REV) initiative aims to build a cleaner, more resilient and affordable energy system for the state.
One of the three “pillars” of the state’s program is its Clean Energy Fund (CEF). The CEF is a $5 billion, 10-year program that runs through 2025 and is funded by charges on ratepayer bills. Funding for the energy storage commercialization program is coming from the CEF.
Earlier this year, NYSERDA announced $15.5 million in funding for energy storage projects. Initial concept papers for that grant are being accepted through Dec. 31, 2019, or until all funds are committed.
For the recently-announced $6.3 million grant, NYSERDA said projects should focus on reducing energy storage hardware costs, improving performance of storage applications such as electric vehicle charging stations and demand response in buildings, in addition to technologies for peak load reduction.
A second round solicitation will close on Dec. 28. A total of $1.825 million of the funding will be committed this year, with the rest committed by the end of 2018.
“Energy storage will play a critical role in Governor Cuomo’s fight against climate change as we continue to add renewable energy resources throughout the state making our power cleaner,” Janet Joseph, acting president and CEO of NYSERDA said in a statement.
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