New York Gov. Kathy Hochul has launched New York’s first bulk vitality storage request for proposals (RFP), supposed to acquire 1 GW of bulk vitality storage as a part of New York’s 6-GW vitality storage roadmap.
An vitality storage undertaking in Hubbardston, New York. (Credit score: Greg M. Cooper/Borrego)
“At present’s motion is one other instance of New York’s ongoing dedication to strengthening our grid, guaranteeing 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 scale back prices for New Yorkers.”
Administered by the New York State Power Analysis and Growth Authority (NYSERDA), by way of its Bulk Power Storage Program, this aggressive solicitation seeks to advance a spread 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 tasks 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 is not going to 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 amenities are sited safely, that first responders have the required coaching, and that every one websites have complete emergency response plans.
“NYSERDA’s Bulk Power Storage Program gives 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 deal with 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 offers undertaking house owners larger income certainty whereas incentivizing them to take part in wholesale vitality and capability markets. ISCs will likely be created primarily based on a undertaking’s operational availability, and can characterize 1 MWh of vitality storage capability that’s operational and obtainable to discharge on a given day; tasks will likely be credited and compensated primarily based on the operational availability they obtain in every month over the course of the 15- to 25-year contracts.
Entities keen on responding to this solicitation should full an preliminary qualifying step for proposers to reveal program eligibility. Step One Eligibility Purposes are as a result 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 undertaking analysis.
As famous above, NYSERDA helps sturdy security measures for all tasks and, because of this, is not going to pay for ISCs till the awarded and contracted tasks are permitted, put in and working and have handed their peer overview course of and high quality assurance inspection — each key milestones to make sure that all tasks are designed and constructed with New York’s best-in-class security requirements. As well as, all undertaking proposers should embody a complete security and safety plan detailing how they may 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 undertaking builders and traders with a spread of financing choices with a view to advance vitality storage. Entities keen on making use of for this financing can submit an software to NYGB RFP No. 1.
NYSERDA’s siting workforce additionally works carefully with native governments to supply tailor-made schooling, technical help and mannequin native legal guidelines. By way of its clean energy siting resources, the siting workforce 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 recent residential-scale vitality storage and 1,500 MW of recent industrial and community-scale vitality. Moreover, no less than 35% of the advantages of those new vitality storage tasks will likely be allotted to deprived communities.
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