Energy Storage Target

NY Energy Storage Target investor-owned utility state government

Administered by: New York State Energy Research and Development Authority (NYSERDA)

Program Details

Program ID: 22115
Last Updated: 11/26/2024

Eligibility

Eligible Sectors

investor-owned utility state government

Eligible Technologies

lithium-ion

Program Summary

In December 2018, New York's Public Service Commission (PSC) issued an order adopting an energy storage deployment target of 3,000 MW by 2030, with an interim goal of 1,500 MW by 2025. This order followed recommendations from the Energy Storage Roadmap developed earlier in 2018. Senate Bill 6599, enacted in July 2019, also requires the PSC to consider policy measures to achieve 3 GW of statewide energy storage capacity by 2030. In June 2024, the Commission approved an order to increase the 2030 goal to 6 GW.NYSERDA offers bulk and retail energy storage incentive programs to support attainment of the energy storage target.

Contact & Resources

Additional Resources

https://www.nyserda.ny.gov/All-Programs/Programs/Energy-Storage

Please verify current program details with the administering agency before making any financial decisions.