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6 FAQs about [New energy storage bidding specialist factory operation]
What is New York's New energy storage goal and deployment policy?
On June 20, 2024, the New York Public Service Commission approved the Order Establishing Updated Energy Storage Goal and Deployment Policy [PDF]. The Order directs NYSERDA to issue three Requests for Proposals (RFP) for the new Bulk Energy Storage Program.
Should bulk energy storage be added to New York's grid?
Adding bulk energy storage to New York’s grid will lower costs, optimize the generation and transmission of power, enhance energy grid infrastructure, and ensure the reliability and resilience of the State’s electricity system.
When did NYSERDA submit the bulk energy storage program manual?
On June 12, 2025, NYSERDA filed the Bulk Energy Storage Program Manual [PDF] with the Public Service Commission. On April 18, 2025, NYSERDA submitted the Bulk Energy Storage Final Implementation Plan to the Public Service Commission. On March 21, 2025 the Commission issued an Order Approving Bulk Implementation Plan with Modifications [PDF].
What is NYSERDA's bulk energy storage program?
NYSERDA’s Bulk Energy Storage Program employs a novel Index Storage Credit (ISC) incentive, as established in the New York Public Service Commission (PSC) Order, modeled in part after the Renewable Energy Certificate (REC) and Offshore Wind Renewable Energy Credit (OREC) utilized in other NYSERDA programs.
What is bulk energy storage & how can it help New York?
New York Secretary of State Walter Mosley said, “In looking ahead for the state's future, bulk energy storage can provide the ability to store excess electricity during times of lower usage or high renewable production and return that electricity to the grid during peak times when it’s needed most.
How long do energy storage projects last in New York?
Projects procured in the RFP may have a maximum term of 15 years and must be operational by 31 December 2030. In June 2024, New York governor Kathy Hochul approved the Energy Storage Roadmap 2.0, which includes a statewide goal of deploying 6GW of energy storage on the NYISO grid by 2030.
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