Law360, New York (August 3, 2017, 11:19 AM EDT) —
Notwithstanding New York’s aggressive efforts to lead the way in renewable energy and carbon reduction, its programs have been relatively anemic when it comes to encouraging energy storage. In 2015, New York launched the NY-Sun Commercial / Industrial Incentive Program, which offered performance-based incentives for large-scale solar photovoltaic systems, and provided a $50,000 additional incentive for projects that integrated energy storage.
Most recently, the New York Public Service Commission (PSC) adopted a mandate requiring that each individual New York utility deploy two separate energy storage projects at two separate substations or feeders by the end of 2018, which spurred the utilities to file a number of requests for proposals to address deficiencies on their networks. But for a state that seeks to “reform the energy vision,” New York has not provided strong market signals to encourage energy storage.
To view the entire article please visit here.