By Rod Walton, content material director for Power Engineering and POWERGEN+
New York utility regulators final week accredited a number of tariff filings which might allow six of the state’s largest energy suppliers to fund vitality storage contracts within the close to future.
The New York State Public Service Commission is permitting the utilities the specified price and profit restoration on future vitality storage initiatives. The plans are in alignment with the fee’s beforehand introduced vitality storage aim and deployment coverage.
The six utilities embrace the state’s largest utility, Consolidated Edison Company of New York, Inc. (Con Edison), in addition to Central Hudson, Niagara Mohawk Power Corporation d/b/a National Grid (National Grid), New York State Electric & Gas Corporation (NYSEG), Orange and Rockland Utilities, Inc. (O&R) and Rochester Gas and Electric Corporation (RG&E). Collectively, these utilities serve the overwhelming majority of New York’s practically 20 million residents.
“With this step, we advance the critically vital deployment of vitality storage in New York State,” stated Commission Chair John B. Rhodes. “With viable and beneficial vitality storage programs, we are going to optimize our renewable vitality sources and improve grid reliability for the good thing about all New Yorkers.”
See extra of PE’s protection of vitality storage breakthroughs within the energy sector
The state’s political management is aiming for 1,500 MW of vitality storage capability by 2025. New York State at the moment has roughly 93 MWs of superior vitality storage capability deployed with 1,076 MWs underneath contract within the pipeline, along with 1,400 MWs of conventional pumped hydro storage.
Subscribe to our free, weekly publication for extra tales like this
The state hopes to cut back carbon emissions from the facility sector to net-zero by 2040 and create as many as 30,000 jobs within the vitality storage sector, in line with reviews.
In 2019, National Grid unveiled its 2-MW/three.eight MWh Pulaski 2 battery storage venture.
This previous December, Con Edison and developer 174 Power Global detailed their settlement to construct a 100-MW battery storage venture in Astoria, Queens close to the East River. The Astoria vitality storage website is because of be operational someday subsequent yr.
(Rod Walton is content material director for Power Engineering, POWERGEN International and the digital POWERGEN+ coming this month. If you could have concepts for tales or instructional periods talking to the facility sector, you possibly can contact him at 918-831-9177 and email@example.com).
The put up New York utilities achieve approval to fund vitality storage initiatives to succeed in 1,500-MW aim by 2025 appeared first on Power Engineering.