Con Edison has inaugurated the largest battery storage project to date within New York City, making a tiny dent in delivering the US utility’s state-determined commitment to energy storage.
Some 710MW of battery storage came online in the US in the first three months of the year, of which around 70% was in the ERCOT, Texas market, S&P Global said.
Convergent Energy and Power has brought online a battery storage project for New York utility O&R which will reduce the need for more expensive network upgrades.
Two leading developers of energy storage resources in New York explain what the industry can get excited about as the market develops – and what it should be wary of.
The New York Public Service Commission has given utilities until the end of 2028 to put in place large-scale energy storage resources, extending a previous 2025 deadline.