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Energy Storage

New York Makes More Than $5 Million Available for Long Duration Energy Storage Projects

New York Gov. Kathy Hochul on June 12 announced over $5 million is now available for long duration energy storage projects through New York State’s Renewable Optimization and Energy Storage Innovation Program.

Administered by the New York State Energy Research and Development Authority, this funding is being made available through a competitive solicitation for projects that will support innovative and under-utilized long duration energy storage solutions, devices, software, controls, and other complementary technologies which are yet to be commercialized.

Proposals are required to further product development and demonstration projects in energy storage that are 10 to over 100 hours in duration at rated power and should advance and field test electrical, chemical, mechanical, and thermal to electric long duration storage solution technologies that will address cost, performance, and renewable integration challenges such as grid congestion, hosting capacity constraints, and lithium-ion siting limitations in New York City.

Proposals will be accepted through 3:00 p.m. on September 24, 2024. More information about this solicitation is available on NYSERDA'S website.

Long duration electrical energy storage solutions will become critical in times of reduced renewable generation as well as helping to meet peak demands as the State transitions to a zero emissions economy across all sectors, Hochul’s office said.

The announcement builds on the more than $30 million awarded in 2022 and 2023 by NYSERDA to nine projects through the first two rounds of the program.

These projects are advancing a variety of technologies including hydrogen, zinc hybrid and iron-air battery technologies, nuclear-hydrogen long duration energy storage, and a hydroelectric storage system that integrates directly with offshore wind development.

Awards from the third round are expected to be announced later this summer.

 

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