Bulk Energy Storage Incentive Program

0 Saves · 3 Shares · 2 Comments Discussion

Grant Name

Funder

New York State Energy Research and Development Authority

Country or Region

United States

Research Field

Social Sciences, Development

Energy, General Energy

Deadline

December 31, 2025

Grant Size

Up to 150,000,000 USD

Contact Info

energystorage@nyserda.ny.gov

Grant Number

PON 4139

Description

NYSERDA’s Bulk Storage Incentive program provides financial support for new energy storage systems over 5 megawatts (MW) of power measured in alternating current (AC) that provide wholesale market energy, ancillary services, and/or capacity services. Systems may be interconnected at the transmission, sub-transmission, or distribution level and may provide distribution services in addition to wholesale services. Incentive funds will be deployed through a NYSERDA-administered declining incentive. These incentives are designed to compensate for benefits accruing over a 20-year life of the storage asset such as cost savings resulting from reducing soft costs and accelerating the cost decline curve, environmental benefits such as carbon savings (peak/off-peak arbitrage by charging from cleaner energy off-peak to displace the need for more emitting fossil-based generation during peak periods), hosting capacity improvements, and improving system resiliency. This 20-year life includes augmentation as required of the storage technology. Applications will be accepted through December 31, 2025.

Website

https://portal.nyserda.ny.gov/CORE_Solicitation_Detail_Page?SolicitationId=a0rt000000bgVyfAAE

Funding resources
Purdue Grant Writing Lab: Introduction to Grant Writing	Open Link
University of Wisconsin Writing Center: Planning and Writing a Grant Proposal	Open Link