Program Name: | NYSERDA Bulk Energy Storage Incentive Program |
Program Sponsor: | NYSERDA (State) |
Program Type: | Rebates/Incentives |
Technology: | Energy Storage |
Fuel: | Electricity |
Eligibility: | Must be installed within NY state/NYSIO region and be grid connected |
Cost: | Free |
Description
As of 2022, NYSERDA is no longer accepting applications for the Bulk Energy Storage Incentive Program. The program offered financial incentives for new energy storage projects greater than 5 MW that connected to the grid and provided services to the wholesale energy market, ancillary services, or distribution level service. Businesses interested in energy storage should consider NYSERDA’s Retail Energy Storage Incentive Program.
Prior Eligibility
- Developers with projects that interconnected into New York’s bulk transmission system or an investor-owned utility’s transmission or distribution system
For a project to be eligible it must have met the following requirements:
- Above 5 MW providing wholesale energy, ancillary services, and/or capacity services
- Commercially available chemical, thermal, or mechanical systems physically located within New York State and interconnected into New York’s bulk transmission system or an IOU’s transmission or distribution system
- In Stage 9 in the NYISO interconnection queue or later (see https://www.nyiso.com/interconnections) or have begun the equivalent distribution utility study if connecting directly into the distribution system
- Executed agreement demonstrating site control for the duration of the project’s lifespan
- Completed draft Environmental Impact Study with a negative declaration as evidenced by meeting minutes of the local government or written approval
- If applicable, proof that the required Article 10 Application has been deemed compliant
Eligible systems were physically located within New York State and were interconnected to New York’s bulk transmission system (NYISO). Systems not eligible for the program included i) systems that had been involved in the NYISO market prior to March 11, 2019, ii) projects owned by the utility or New York Power Authority, iii) projects that received other NYSERDA funds, iv) projects that had bulk dispatch rights contracts, and v) projects that received NYSERDA retail storage incentives.