New York Gov. Kathy Hochul has launched New York’s first bulk vitality storage request for proposals (RFP), supposed to obtain 1 GW of bulk vitality storage as a part of New York’s 6-GW vitality storage roadmap.
An vitality storage challenge in Hubbardston, New York. (Credit score: Greg M. Cooper/Borrego)
“As we speak’s motion is one other instance of New York’s ongoing dedication to strengthening our grid, making certain the state continues to have a extra reasonably priced and dependable electrical energy system now and effectively into the longer term,” Gov. Hochul stated. “Secure and strategic deployment of vitality storage will assist drive financial growth and cut back prices for New Yorkers.”
Administered by the New York State Power Analysis and Improvement Authority (NYSERDA), by way of its Bulk Power Storage Program, this aggressive solicitation seeks to advance a variety of vitality storage applied sciences and well timed progress towards procuring 3 GW of bulk vitality storage over the three solicitations. Any NYSERDA-supported vitality storage initiatives are contractually required to fulfill the brand new storage security codes adopted final week into Uniform Code by the State Fireplace Prevention and Constructing Code Council, which replicate the work and recommendations from the New York State Inter-Company Fireplace Security Working Group (FSWG). Whereas the newly adopted code won’t take impact till January 1, 2026, NYSERDA has already built-in these suggestions into its residential, retail and bulk vitality storage applications to make sure services are sited safely, that first responders have the required coaching, and that each one websites have complete emergency response plans.
“NYSERDA’s Bulk Power Storage Program supplies a possibility to greater than double the present quantity of vitality storage that has been deployed, contracted, and awarded statewide. This solicitation will additional advance New York’s concentrate on grid reliability, peak discount and affordability whereas assembly the demand for extra storage to be safely put in throughout our state,” stated Doreen M. Harris, NYSERDA President and CEO.
NYSERDA’s Bulk Power Storage Program employs a novel Index Storage Credit score (ISC) incentive, as established within the New York Public Service Commission (PSC) Order, modeled partially after the Renewable Power Certificates (REC) and Offshore Wind Renewable Power Credit score (OREC) utilized in different NYSERDA applications. The ISC is a market-based mechanism that provides challenge house owners better income certainty whereas incentivizing them to take part in wholesale vitality and capability markets. ISCs will likely be created based mostly on a challenge’s operational availability, and can characterize 1 MWh of vitality storage capability that’s operational and out there to discharge on a given day; initiatives will likely be credited and compensated based mostly on the operational availability they obtain in every month over the course of the 15- to 25-year contracts.
Entities fascinated by responding to this solicitation should full an preliminary qualifying step for proposers to show program eligibility. Step One Eligibility Functions are as a consequence of NYSERDA by 3 p.m. ET on September 4, 2025. As soon as proposals are deemed eligible by NYSERDA, proposers will likely be invited to submit a “Step Two” bid proposal for challenge analysis.
As famous above, NYSERDA helps strong security measures for all initiatives and, in consequence, won’t pay for ISCs till the awarded and contracted initiatives are permitted, put in and working and have handed their peer evaluation course of and high quality assurance inspection — each key milestones to make sure that all initiatives are designed and constructed with New York’s best-in-class security requirements. As well as, all challenge proposers should embody a complete security and safety plan detailing how they’ll adhere to the Bulk Energy Storage Program Manual necessities.
Additionally, related to this solicitation, NY Inexperienced Financial institution (NYGB), a division of NYSERDA and a specialised funding fund devoted to bridging monetary gaps in clear vitality and renewable infrastructure markets in New York State, is ready to assist challenge builders and buyers with a variety of financing choices with a purpose to advance vitality storage. Entities fascinated by making use of for this financing can submit an utility to NYGB RFP No. 1.
NYSERDA’s siting staff additionally works carefully with native governments to offer tailor-made schooling, technical help and mannequin native legal guidelines. Via its clean energy siting resources, the siting staff empowers communities with the instruments and information to make knowledgeable selections and handle accountable clear vitality growth in host communities.
New York’s 6-GW Energy Storage Roadmap additionally authorizes funds for NYSERDA to assist 200 MW of latest residential-scale vitality storage and 1,500 MW of latest business and community-scale vitality. Moreover, a minimum of 35% of the advantages of those new vitality storage initiatives will likely be allotted to deprived communities.
Information merchandise from NYSERDA
