The New York State Energy Research and Development Authority (Nyserda) announced today $ 5 million is now available To support the technologies for energy storage in New York that can use and deliver stored energy to the New York electric grid. The initiative promotes the development of scalable energy storage with long -term and other advanced solutions for storing batteries that can help integrate existing energy sources into the grid to meet energy demand during peak times and to reduce dependence on the state of fossil fuels.
“The possibilities created by innovative solutions for energy storage can deliver more safely more reliable electricity to communities in New York as part of building an affordable and resilient future without emissions,” said Doreen M. Harris, Nyserda President and CEO. “This critical financing will help to cultivate the most promising technologies to reduce our dependence on fossil fuels, improve air quality and manage energy costs.”
The competing application, offered via Nyserda’s Power Generation and Storage Innovation Program, is looking for qualified proposals to develop and test electric, chemical, mechanical and thermal electric long-term duration or advanced battery storage solutions; Including adjacent technologies such as devices, software, controls and power electronics.
Other complementary technological solutions that can be considered include those that reduce the total hardware of the energy storage and lower installation costs, improve performance and demonstrate integration with the grid. Only solutions that are ready to be manufactured, scaled, demonstrating public benefits and all energy, environmental and economic effects will be considered.
“Long duration of energy storage and other innovative energy storage technologies will offer critical services to the electric grid that supports reliability, lower infrastructure efficiency and make our goals for clean energy grant possible,” said William Acker, executive director of NY-Best. “NY best applauds Nyserda’s leadership in promoting the development and deployment of these vital agents.”
This financing program, previously known as the program for renewable optimization and innovation of energy storage, has awarded more than $ 30 million to more than 20 projects, to support technologies such as hydrogen, zinc hybrid, vanadium flow and iron-3 battery progress and hydroelectric storage. The Nyserda innovation and research program implement around $ 1.2 billion over 15 years as direct research investments and support for commercialization. To date, more than $ 800 million in investments have supported more than 700 companies and around 300 products that are commercially available for private individuals, companies and utilities.
Financing for this initiative is through the Clean energy fund.
News item from Nyserda
