Can a project be eligible for a NYSERDA bulk energy storage program?
5Participation in the utility procurements precludes a Project’s eligibility for the NYSERDA Bulk Energy Storage Program and NYSERDA’s Request for Proposals to procure Index Storage redits (ISCRFP25-1) New York State Electric & Gas Corporation Rochester Gas and Electric Corporation Bulk Power Energy Storage Request for Proposals
When will bulk energy storage be available in New York State?
Categories: Renewable Energy Credits , Energy Policy , State Implementation Plans , Energy Storage , Batteries New York State continues to advance its bulk energy storage deployment efforts, and a final Bulk Storage Implementation Plan is now likely to be made public before the end of April—with procurements set to begin by June 30, .
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.
What is New York's New energy storage goal and deployment policy?
On June 20, , 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.
What is the bulk energy storage program?
The Bulk Energy Storage Program will use an innovative Index Storage Credit incentive, as established in the Order and modeled in part on the Renewable Energy Certificate (REC) and Offshore Wind Renewable Energy Credit (OREC) utilized in other NYSERDA programs.
How long can a bidder propose a storage order?
9As defined in the Agreement (Appendix D1/D2) 10Bidders may propose terms up to and including fifteen years per the Storage Orders. 11The Winning Bidder will be a NYISO Market Participant, retain operational control of the asset, and is responsible for receiving real time dispatch signals/instructions from NYISO Market during the Agreement term.
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