New York PSC Approves NYSERDA''s Billion-Dollar Bulk Energy Storage
Under the upcoming bulk storage incentive solicitations, energy storage developers will competitively bid in to be awarded an Index Storage Credit (ISC), which is a
PSC Approves NYSERDA''s Bulk Energy Storage Program
On March 21, 2025, the New York State Public Service Commission (“PSC”) adopted, with modifications, the draft Bulk Energy Storage Program Implementation Plan proposed by the
Battery Storage Incentives by State
Battery storage incentives typically fall into two main categories: upfront incentives and performance-based incentives. Upfront incentives provide direct financial support at the
An energy storage roadmap study incorporating government subsidies
This study proposes a subsidy mechanism optimizing fiscal interventions for energy storage development, coupled with Monte Carlo-based revenue projections generating
What subsidies are there for energy storage power stations?
In summary, the subsidies available for energy storage power stations significantly contribute to the advancement of this vital technology. Financial incentives like direct funding,
NYCEDC Advances Green Economy Action Plan with Support of
NYCIDA helps to lower the cost of capital investment through discretionary tax benefits. The IDA has supported approximately 254MW of battery storage capacity in New
ENERGY STORAGE PROJECTS
Accelerated by DOE initiatives, multiple tax credits under the Bipartisan Infrastructure Law and Inflation Reduction Act, and decarbonization goals across the public and private sectors,
Over $5 Million Is Now Available To Support Innovative Energy Storage
The New York State Energy Research and Development Authority (NYSERDA) today announced over $5 million is now available to support innovative energy storage
Research on investment decision-making of energy storage power station
Then, this paper defines the effective range of government subsidies and revenue-sharing ratios that can motivate I&C to configure ESPS and ESE to invest in the construction
Energy Storage Program
Energy storage is essential to a resilient grid and clean energy system. Learn about the types of energy storage, available incentives, and more.