Projects To Help Harness Renewable Energy and Provide Stored Energy to New York’s Electric Grid
September 8, 2022
Governor Kathy Hochul today announced $16.6 million in awards for five long duration energy storage projects that will help harness renewable energy and provide stored energy to New York’s electric grid. Governor Hochul also announced an additional $17 million in competitive funding available for projects that advance development and demonstration of scalable innovative long duration energy storage technologies, including hydrogen. The projects will support the current Climate Leadership and Community Protection Act goal to install 3,000 megawatts of energy storage by 2030 while facilitating further development to 6,000 megawatts.
“Innovative, forward-thinking approaches to transforming the way energy is stored are critical to fighting climate change and transitioning to a clean energy economy,” Governor Hochul said. “New York is making bold investments in clean energy, and this $16.6 million in awards for projects that harness renewable energy and under-utilized long duration energy storage solutions will be a game changer for meeting the state’s ambitious climate and energy goals. By advancing new and more sustainable energy storage technologies, we are ushering in a cleaner, greener future for New York.”
Governor Hochul made today’s announceme …