Bulk Energy Storage Incentive Program

Grant Name
Bulk Energy Storage Incentive Program
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.

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

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December 31, 2025

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