Gov. Kathy Hachul is awarding $16.6 million to five long-term energy storage projects that will help harness renewable energy and provide stored energy to New York City’s electric grid. Governor Hachul also announced $17 million in additional competitive funding for projects that promote the development and demonstration of scalable, innovative long-term energy storage technologies, including hydrogen. The projects will support the Climate Leadership and Community Protection Act’s current goal of installing 3,000 MW of energy storage by 2030, while facilitating further development of up to 6,000 MW.
“Innovative, forward-thinking approaches to transforming the way we store energy are critical to combating climate change and transitioning to a clean energy economy,” says Governor Hachul. “New York is making bold investments in clean energy, and these $16.6 million in awards for projects that use renewable energy and underutilized long-term energy storage solutions will be a game-changer for the state’s ambitious climate and energy goals. By developing new and more sustainable energy storage technologies, we are opening up a cleaner, greener future for New York.”
These awards and new funding are provided through the Renewable Energy Optimization and Energy Storage Innovation Program, managed by New York State Office of Energy Research and Development (NYSERDA). Awards and funding will help integrate renewable energy sources and reduce harmful emissions from fossil fuel use
Borrego Solar Systems Inc. will receive $2.7 million to develop, design and build two stand-alone energy storage systems and conduct field demonstrations of a six-hour zinc hybrid cathode energy storage system in New York to help demonstrate that zinc hybrid technology is economically competitive with lithium-ion.
The additional $17 million in competitive funding will drive further product development and demonstration projects in energy storage lasting from 10 to more than 100 hours at rated output, otherwise known as long-term energy storage. Project applications must advance, develop, or test hydrogen, electrical, chemical, mechanical, or thermal electric storage technologies that will address cost, performance, deployment, and integration challenges for renewable energy sources such as grid congestion, hosting capacity constraints, and the deployment of lithium-ion batteries to New York. Applications should only include innovative, long-term energy storage technologies that are yet to be commercialized. Awards will be made in the following project categories: Product Development, Demonstration Projects, and Federal Cost Share. Proposals will be accepted until October 17, 2022. Additional information about this solicitation is available on NYSERDA’s website.
“The technologies and processes being advanced through these projects demonstrate Governor Hachul’s commitment to supporting innovation that fosters the development of products and solutions that help our clean energy transition,” said Doreen M. Harris, president and CEO of the state’s Energy Research Division. New York. Development Office and Co-Chair of the Climate Action Council. “This type of financing is critical to ensuring that stored renewable energy from solar or wind power is available over a long period of time and can be used to provide a reliable power grid in the future.”