In 2021, the New York City Transit Subway system consumed approximately 1,500 GWh of traction energy with a demand of about 3,500 megawatts (MW), costing around $203M. Subway trains introduced in the past 20 years have included the capability to perform regenerative braking. All new subway car procurements require regenerative braking capability.
These energy storage containers often lower capital costs and operational expenses, making them a viable economic alternative to traditional energy solutions. The modular nature of containerized systems often results in lower installation and maintenance costs compared to traditional setups.
Containerized Battery Energy Storage Systems (BESS) are essentially large batteries housed within storage containers. These systems are designed to store energy from renewable sources or the grid and release it when required. This setup offers a modular and scalable solution to energy storage.
Additionally, while the most recent retail energy storage incentive available through the New York state is accounted for by projects currently in development, it is anticipated that a new lower block of incentives will be made available, specifically for ESS projects in NYC.
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