To help speed the growth of new energy storage technologies the New York State Energy Research and Development Authority (NYSERDA) is offering up to $6.3 million to emerging energy storage technologies that will support more renewables and the electric grid. The new announcement came as the 11th annual NY Solar (+Storage) Summit in Manhattan launched.
At that event, convened by Sustainable CUNY of the City University of New York, Acting NYSERDA CEO Janet Joseph remarked: "Energy storage is integral to the efforts New York is making under its Clean Energy Standard to have 50 percent of its electricity come from renewable sources by 2030.” She added, "Energy storage supports Governor Cuomo's commitment to building resiliency and reliability into our energy infrastructure."
The latest round of funding is aimed at currently uncommercialized technologies. It is part of Cuomo’s long-term Reforming the Energy Vision (REV) investment strategy in the state. The strategy is aimed at making the state’s electric grid more reliable and affordable while integrating more renewable energy.
The state already is actively testing energy storage technologies. NYSERDA invested in an energy storage test pilot at State University of New York (SUNY) last year, for instance. That project combines solar and energy storage to provide power for the university’s Elting Gymnasium. The state’s also launched StartupGPS.org, a site to help clean tech startups launch.
The advantage of energy storage systems is that they can help reduce the need for peaker power plants because they can release energy during peak hours to reduce the need for more electric generation. They can also be integrated with solar and wind and help ensure that just the right amount of electricity is put on the grid at the right time, reducing the amount of fluctuation coming from the variable energy sources.
“New York continues to lead the nation in finding innovative technologies to build a resilient and efficient electric grid,” Joseph said of the new competition. “Energy storage will play a critical role in Governor Cuomo’s fight against climate change as we continue to add renewable energy resources throughout the state making our power cleaner.”
The agency will accept concept papers through July 20, 2017. The authority said that papers should focus on creating and field testing energy storage technologies. The ideas should address cost, performance and integration opportunities in the state. The concept papers should also show how the technology will help the state meet its goal of sourcing 50 percent of its electricity from renewable resources by 2030. Under the competitive process, NYSERDA will request proposals from the best concept papers then it will select proposals to fund.Tweet