Australia and New York are two very different places but both are likely to soon see their first government-backed tenders in which grid-scale energy storage can compete.
A solicitation for large-scale energy storage could be hosted in about a year’s time as part of the push towards New York achieving its target of deploying 6GW of energy storage on the grid by 2030.
Renewables investment and development group Nala Renewables is developing four new battery energy storage system (BESS) projects in New York state totalling 280MW by mid-2024.
Energy storage industry executives have urged US legislators to swiftly reach a consensus on the Build Back Better Act, with a strong emphasis on introducing the investment tax credit (ITC) for standalone storage.