Exciting new opportunities are emerging for energy storage in New York. Last week, Consolidated Edison (ConEd) and the New York State Energy Research and Development Authority (NYSERDA) announced the details of a plan to incentivize the installation of energy storage in ConEd’s service territory. New York State leaders frequently use the phrase “market animation” meaning that regulatory and financial initiatives should catalyze and launch vibrant markets. The newly proposed energy storage incentives are an important step in achieving this objective.
Bill Acker's blog
In recent weeks, NYISO held a workshop on the subject of distributed energy resources, or DER. Utilities are increasingly seeing behind-the-meter resources of several types entering the grid. The explosive growth in photovoltaic systems is the most visible aspect of this, with nearly a gigawatt of new PV installed in the US in just the 3rd quarter of this year. But other resources such as cogeneration systems and energy storage are also an important part of the story.
We just held this year’s NY-BEST Technology Conference in Syracuse and the level of excitement was the highest ever for this event. There were many great presentations and posters about the latest advances in energy storage technology, but there was a broader reason for the excitement. Events in the world at large are driving a growing need for energy storage.