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.
Long-duration energy storage (LDES) may be in something of a ‘dot com’ moment, but grid operators cannot afford the ‘hiccup’ of any bubble bursting, a senior ISO manager said at Energy Storage Summit USA.
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.
The US Department of Energy’s Loan Programs Office (LPO) has announced a US$375 million loan to lithium-ion recycling firm Li-Cycle to finance its material recovery facility in Rochester, New York.
Duke Energy has installed its first solar-and-battery microgrid capable of powering an entire town in North Carolina, while a mixed technology microgrid will add resilience to a new hub at JFK Airport.
Some proposed battery storage projects have been cancelled in the US and Canada since the start of this year, after facing opposition from local communities.
Arclight Capital Partners has committed US$150 million to its energy storage platform Elevate Renewable Energy for deploying battery storage alongside its legacy thermal plant portfolio.
