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.