Energy Storage Cost and Performance Database
Additional storage technologies will be added as representative cost and performance metrics are verified. The interactive figure below presents results on the total installed ESS cost ranges by
New York's Climate Leadership and Community Protection Act (Climate Act) codified a goal of 1,500 MW of energy storage by 2025 and 3,000 MW by 2030. In June 2024, New York's Public Service Commission expanded the goal to 6,000 MW by 2030.
Storage will increase the resilience and efficiency of New York's grid, which will be 100% carbon-free electricity by 2040. Additionally, energy storage can stabilize supply during peak electric usage and help keep critical systems online during an outage. All of this while creating an industry that could employ at least 30,000 New Yorkers by 2030.
The U.S. Department of Energy's (DOE) Energy Storage Grand Challenge is a comprehensive program that seeks to accelerate the development, commercialization, and utilization of next-generation energy storage technologies.
Barclay Damon's Regulatory Practice Area and Energy Team attorneys are available to provide more information on NYSERDA's Bulk Energy Storage Program, including a comprehensive summary of the PSC's ruling, the formulas used for NYSERDA's upcoming ISC solicitations, and the status of the NYISO's interconnection queue.
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