New York expected to set high bar for energy storage after target bill passage
ew York could soon join the ranks of a handful of states that have adopted measures aimed at promoting energy storage.
The legislature last week passed bills (SB 5190 and AB 6571) directing that state’s Public Service Commission to develop an Energy Storage Deployment Program, including a storage procurement target for 2030. The program would be run by the New York Energy Research and Development Authority (NYSERDA) and the Long Island Power Authority (LIPA).
The legislation still has to be signed into law by Gov. Andrew Cuomo (D), but it would put New York in the company of California, Oregon, Maryland, Nevada and Massachusetts, which have all passed some form of legislation designed to encourage energy storage.
It is a precedent-setting move by New York and comes as part of a movement gathering strength across the nation, said Timothy Fox, vice president at Clearview Energy Partners.