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New York utility contracts for flexible power use boost case for commercial energy storage

Published: 26 Apr 2021, 08:20
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Image: Con Edison via Twitter.
To reduce strain on the grid as renewable power and demand both grow, two New York utility companies have awarded contracts for flexible demand management to commercial and industrial (C&I) energy management specialist CPower.
CPower announced last week that Con Edison and National Grid subsidiary Niagra Mohawk Power Corporation have selected the company among providers of Dynamic Load Management (DLM) to their networks: peak shaving to reduce businesses’ use of electricity at times when it is most in demand. Battery storage, charged with power from renewable energy or from the grid at off-peak times of lower demand, can be used to reduce businesses draw from the grid at peak times and already the ability to use this peak shaving to lower Demand Charges, levied on commercial users of electricity in the US, offers a way to lower electricity costs significantly. ....

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New York regulators have 'effectively accelerated' the state's storage market, report finds

Dive Brief:
Programs and policies approved by New York regulators have effectively accelerated the state s energy storage market and helped it to deploy or contract for 1,186 MW of capacity, according to a new report from the Department of Public Service (DPS).
The New York Public Service Commission in 2018 set a goal of deploying 3,000 MW of energy storage capacity by 2030, with an interim 2025 target of 1,500 MW. The annual State of Storage report, published Thursday, found total deployed or contracted capacity is now 79% of the state s interim target and 40% of the 2030 goal.
There are more than 8,000 MW of energy storage projects in the interconnection queues of New York utilities and the state s Independent System Operator, though the report, said it is possible that not all of these projects would get built by 2030. ....

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