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.
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.
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.
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.
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.
NYSERDA has created two key funding opportunities to complement the soft costs reduction efforts. These programs focus on reducing the non-hardware costs of energy storage projects, and creating more opportunities for energy storage deployments in New York State.
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.
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.
More information on energy storage market opportunities can be found on the NY-BEST website or the NYSERDA energy storage program website at https://www.nyserda.ny.gov/All-Programs/Programs/Energy-Storage-Program