Energy Storage Project Implementation Plan

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INTRODUCTION This Implementation Plan (hereafter the "2024-2030 Residential and Retail Storage Implementation Plan", or the "Plan") sets forth the program goals and implementation

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Energy Storage Project Implementation Plan

6 FAQs about [Energy Storage Project Implementation Plan]

What is a bulk energy storage implementation plan?

The Implementation Plan provides an operating framework for the program, with additional details to be provided in Bulk Energy Storage program solicitations.

How can energy storage products be integrated?

Integration of energy storage products begins at the cell level and manufacturers have adopted different approaches toward modular design of internal systems, all with the goal of improving manufacturing efficiencies, reducing maintenance time and improving operational reliability.

Does the energy storage strategic plan address new policy actions?

This SRM does not address new policy actions, nor does it specify budgets and resources for future activities. This Energy Storage SRM responds to the Energy Storage Strategic Plan periodic update requirement of the Better Energy Storage Technology (BEST) section of the Energy Policy Act of 2020 (42 U.S.C. § 17232 (b) (5)).

What is a 2022 energy storage plan?

The proposed plan begins with background on the 2019 Climate Leadership and Community Protection Act (“the Climate Act”) and the 2022 Energy Storage Roadmap (“the Roadmap”) as updated in March 2024. The plan then outlines the structure of the program, with a focus on the Index Storage Credit (ISC) incentive mechanism.

What is NYSERDA's energy storage plan?

Accordingly, the Order directs NYSERDA “to include in each bulk procurement a target of 20 percent of long-duration, 8-hour energy storage resources, to move New York towards installing the necessary amount of LDES by the mid-2030s.”9 NYSERDA therefore proposes to procure, within each solicitation, projects in two separate resource categories.

What does the 2024 energy storage order mean for NYSERDA?

The 2024 Energy Storage Order established a statewide goal of deploying 3,000 MW of new bulk energy storage by 2030 and required that NYSERDA submit a draft Implementation Plan that outlines the methods and budget that could be used to achieve the bulk energy storage deployment target.

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