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.