The Energy Storage Report 2024
Now available to download, covering deployments, technology, policy and finance in the energy storage market
New York’s chief economic development agency Empire State Development is launching a battery cell assembly facility in Eastman Business Park (EBP), Rochester, which will serve battery and capacitor companies, in collaboration with the New York Battery and Energy Storage Technology Consortium (NY-BEST).
A drive aimed at reducing the soft costs of distributed energy storage systems by the New York State Energy Research and Development Authority (NYSERDA) could award over US$8 million of funding.
New York City expands its target for solar power capacity, and sets new goal for energy storage, as mayor Bill de Blasio claims capacity from renewables has quadrupled on his watch.
New York utility Con Edison is offering local businesses incentives to install over US$5 million of thermal energy storage systems that kick in during peak hours, and can be controlled remotely.
A programme to modernise New York’s energy system will lead to the state’s biggest ‘virtual power plant’, with PV system owners invited to join a pilot of aggregated solar-plus-storage systems.
Efforts to modernise New York’s grid would be best served by adding 2GW of multi-hour energy storage by 2025 and 4GW by 2030, and enable the achievement of renewable energy targets, according to NY BEST.
A programme to re-configure New York’s energy networks, including a comprehensive evaluation of energy storage, could provide “valuable lessons” for other parts of the world, according to the New York Battery and Energy Storage Technology consortium (NY BEST).
Demand Energy, an energy storage company, and EnerSys, an industrial battery solutions company, have partnered with a luxury New York property developer to install 1MW of aggregated renewable energy across properties.
The New York Battery and Energy Storage Technology Consortium (NY BEST), like much of the storage industry worldwide, appears primarily concerned with two things – technological development and looking at how policy, regulatory bodies and other factors can help shape viable markets. Andy Colthorpe spoke to John Cerveny, director of resource management of the association about what makes New York’s storage market tick.