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Utilities, independent power producers differ over path to New York’s 6 GW of storage by 2030 goal

April 18, 2023

The New York State Energy Research and Development Authority and Department of Public Service in December issued a roadmap to double the state’s initial 3 GW storage goal to 6 GW by the end of the decade, with a 1.5-GW interim goal by 2025.

The agencies have proposed to extend funding for retail and residential storage programs already in place following a design of region-specific blocks of funding similar to what’s already used for storage projects in the state.

Estimates vary on how much it will cost New York to reach its target of 6 GW of energy storage in seven years.

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