Market Studies

Energy Storage Soft Costs Resources

NY-BEST is working with NYSERDA on an initiative to reduce soft costs for distributed energy storage resources. NYSERDA’s goal with the program is to help residents, businesses, local governments, utilities, and communities see energy storage as a viable and cost effective option for reducing peak load, increasing resilience, and utilizing clean energy efficiently. Through this program, NYSERDA and its partners will provide resources and technical assistance that will develop and implement comprehensive strategies to reduce distributed energy storage soft costs.


Energy Storage Services Fact Sheet

NY-BEST is pleased to provide a new information resource for parties interested in developing energy storage projects in New York State. The Energy Storage Services Fact Sheet summarizes value streams currently available for energy storage systems installed in New York State. This easy to use guide provides information on each currently monetizable service, a description of the compensation mechanism, the compensation price and/or factors influencing compensation, and any regulations or limitations related monetizing each service. The Fact Sheet also includes information on service classifications and demand response programs for each New York investor owned utility.

Energy Storage Guide

NY-BEST is pleased to make its Energy Storage Guide available for viewing now. It is important to keep in mind that this is a pre-release version of the document, that still requires the input of stakeholders. This guide includes important methods for stacking value and other ways to maximize the compensation of energy storage systems in the state. Some of these considerations are included in the Fact Sheet, but the guide provides a more detailed analysis of the opportunities and challenges for stacking values in the state. The Fact Sheet and guide are part of a suite of research and resources funded by NYSERDA to reduce storage soft costs and provide technical assistance resources to New York State.

Rider Q Fact Sheet

NY-BEST is pleased to provide the Rider Q Fact Sheet for viewing now. This document is designed to help inform industry about the opportunity for energy storage systems under Con Ed's Rider Q Tariff. This tariff creates new rate structures, based on the standby rate, that provide a valuable and stable source of revenue. Please reach out to the NY-BEST team with any questions. 

Energy Storage Permitting and Interconnection Process Guide for New York City: Lithium-Ion Outdoor Systems

The City University of New York (CUNY) Smart Distributed Generation Hub (DG) Hub, the Fire Department of New York (FDNY), NYC Department of Buildings (DOB), Con Edison and the New York State Energy Research and Development Authority (NYSERDA) worked together to develop the first comprehensive set of guidelines for installing energy storage systems. This document provides a checklist for energy storage project developers to follow when they are siting energy storage projects in New York City. Both the NYC Department of Buildings and Fire Department of New York had substantial input on this document, and it represents a significant step forward for the deployment of energy storage in the City. The Guide focuses on siting of outdoor lithium ion battery systems, including roof top installations. 


An additional piece of the soft costs resources resources available through NY-BEST is a series of webinars, that cover different areas of New York's energy storage industry. These webinars can be found under the webinars tab and the links below. 

Energy Storage 101 for the Solar Industry

Energy Storage Opportunities with New York Utilities 

Standard Interconnect Requirements in NYS: Updates and Insights on Proposed SIR Changes

NYC's Permitting & Interconnection Guide for Outdoor Lithium Ion ESS

Funding Opportunities 

NYSERDA has created several funding opportunities to complement the soft costs reduction efforts. These programs focus on reducing the costs of energy storage projects, and creating more opportunities for energy storage deployments in New York State.

FlexTech Program (PON 1746) 

This program is designed to provide credible, objective information, and site-specific targeted technical assistance and analysis to help customers make informed clean energy investment decisions that result in the implementation of clean energy technologies. Eligible entities and service providers are encouraged to apply for cost-shared support of site-specific technical assistance. The main component of the FlexTech Program for Energy Storage is cost-shared technical analyses to determine the feasibility of a project. Applicants can request up to $100,000. 

Demonstrating Distributed Energy Storage for 'Stacking' Customer and Grid Values (PON 3541)

NYSERDA is seeking field demonstration projects of commercial distributed energy storage systems that leverage the flexibility of energy storage to ‘stack’ two or more value streams by performing multiple functions for retail electric customers, distributed generation, utilities and the New York State Independent System Operator (NYISO). Projects are eligible for up to 50% of the project cost, with no maximum. 

NY-SUN Solar + Storage Incentive

NYSERDA has added an energy storage adder for the NY-SUN incentive program. The energy storage adder is available to all projects installed under NY-SUN's non-residential and Commercial and Industrial programs. The incentive adder is $350/kWh of energy storage. 

More information on energy storage market opportunities can be found on the NY-BEST website or the NYSERDA energy storage program website at 

MESA: Open Standards for Energy Storage

The MESA Standards Alliance publishes open, non-proprietary specifications and information models that utilities, software developers and hardware manufacturers use to achieve interoperability among grid-scale energy storage components, as well as between utility control centers and energy storage systems. They are currently developing two sets of specifications; the MESA-ESS which provides a standard framework for utility-scale energy storage system (ESS) data exchanges and the MESA-Device/SunSpec Energy Storage Model which addresses how energy storage components within an energy storage system communicate with each other and other operational components.

Indian Point Replacement Analysis by Strategen Consulting

In January 2017, Governor Andrew Cuomo announced a negotiated agreement to close Indian Point nuclear facilities. At that time, he committed to replace the plant’s two units with clean energy, with no net increase in carbon emissions. This is a big goal, but one New York can achieve by using a portfolio of resources which includes energy storage. Strategen Consulting has completed an analysis that shows 450MW of battery storage can fill the capacity gap created through the closure of Indian Point while also saving New Yorkers money. The analysis shows an estimated $315 million savings over a five-year period to customers when compared to more traditional resource replacement scenarios.


NYSERDA Energy Storage and NY-BEST Program: Market Characterization and Assessment

This report was commissioned by NYSERDA, with the research being performed by EMI Consulting and Industrial Economics, Inc. The report examines the global market for energy storage technologies, and how the market is maturing. Once conclusions about the global market are drawn the report begins to focus specifically on New York State's energy storage industry. The report indicates that, on a per capita basis, New York's energy storage industry trails only California in size. 


Installed Cost Benchmarks and Deployment Barriers for Residential Solar Photovoltaics with Energy Storage: Q1 2016

This report explores how the market for combined solar and storage is growing and changing. It indicates that the majority of deployments are in front of the meter, but expects that the industry changes to roughly half in front of the meter and half behind the meter by 2021. The report includes comparisons of both small size and large size battery systems combined with solar, as well as AC vs. DC energy storage systems. 

The Energy Storage Industry in New York State: Recent Growth and Projections 2015 Update

The New York State Energy Research and Development Authority (NYSERDA) announced that jobs in the State’s energy storage sector grew to approximately 3,900 – a 30 percent increase from 2012 through 2015, according report completed in October 2016. New York’s commitment to clean energy, including its nation-leading energy goals, have helped spur the strong growth, which also saw annual industry revenues reach an estimated $906 million during the same time period, a 50 percent increase.  The report, “The Energy Storage Industry in New York State: Recent Growth and Projections 2015 Update,” was funded by NYSERDA and issued by Industrial Economics Inc.

Advanced Energy Now: 2017 Market Report

This report examines the market for all distributed energy resources, including energy storage. The report extensively discusses New York's Reforming the Energy Vision Initiative, and the various demonstration projects that are underway in the state. The report indicates that energy storage has experienced the highest growth rate of all DERs, and that its importance will only continue to grow. 

IRENA: REthinking Energy 2017

This report is focused on the international market for distributed energy resources, including energy storage. There is a large section that focuses on the development of rural mini grids. The lessons from construction of these mini grids can be helpful in the development of microgrids, that are meant to improve the reliability of the state's energy infrastructure. 

Integrated Energy Storage in US

Whether powering cellphones or keeping laptops charged, energy storage has
become a daily function in our lives. Now, these storage systems are poised to help
supply power to homes, cars, and power plants. The rapidly falling cost of energy
storage technologies in recent years is encouraging wider adoption by utilities, commercial
business, and homeowners, and it is important that policymakers proactively
drive greater integration of energy storage within the broader electricity grid.

How Energy Storage Can Participate in New England’s Wholesale Electricity Markets
This paper outlines the opportunities available to energy storage technologies to be compensated in the wholesale energy markets for providing services needed for a reliable, efficient, and competitive power system. While this paper provides a general overview, it does not contemplate all possible energy storage
technologies and is not a substitute for the applicable tariff sections Project developers and other interested partiesare encouraged to contact the ISO to discuss market opportunities as well as operational requirements because every energy storage project is unique