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Briefing
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- 2025 Energy Storage Goal – New York governor Andrew Cuomo announced plans to deploy 1,500 megawatts of energy storage by 2025, supporting state’s move to renewables as power source
- NY Climate Change Agenda – Includes increased offshore wind energy development, new energy efficiency targets, and goal to get half of energy needs from renewables by 2030
- Energy Storage Advantage – Stores electricity from renewables for later use, especially in periods when wind and solar are intermittent
- Investment Support – NY Green Bank to invest $200 million in energy storage, with New York State Energy Research and Development Authority committing additional $60 million for pilot storage projects
- Assembly Bill A6571 – New York legislature passed bill on November 29, 2017, requiring New York Public Service Commission to set target for 2030 energy storage deployment
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Accelerator
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Sector
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Energy, Government (excluding military)
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Organization
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NY Green Bank, New York State Energy Research and Development Authority (NYSERDA)
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Source
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Original Publication Date
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January 16, 2018
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