About Energy storage project bidding announcement network
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6 FAQs about [Energy storage project bidding announcement network]
Are Con Edison & Orange & Rockland seeking a bid?
Con Edison and Orange & Rockland are seeking bids for scheduling and dispatch rights for distribution and transmission connected energy storage systems that will achieve commercial operation by end of 2030. Please review all requirements and provisions of the Request for Proposal and appendices thoroughly.
Should bulk energy storage be added to New York's grid?
Adding bulk energy storage to New York’s grid will lower costs, optimize the generation and transmission of power, enhance energy grid infrastructure, and ensure the reliability and resilience of the State’s electricity system.
What is NYSERDA's bulk energy storage program?
NYSERDA’s Bulk Energy Storage Program employs a novel Index Storage Credit (ISC) incentive, as established in the New York Public Service Commission (PSC) Order, modeled in part after the Renewable Energy Certificate (REC) and Offshore Wind Renewable Energy Credit (OREC) utilized in other NYSERDA programs.
Are energy storage projects required to meet new fire safety codes?
Any NYSERDA-supported energy storage projects are contractually required to meet the new storage safety codes adopted last week into Uniform Code by the State Fire Prevention and Building Code Council, which reflect the work and recommendations from the New York State Inter-Agency Fire Safety Working Group (FSWG).
When is preferred bidder announcement targeted?
Preferred Bidder announcement is targeted approximately 3 (three) months post the Bid Submission Date and Financial Close will be approximately 6 (six) months post Preferred Bidder announcement. The 10 points under the regulations of the PPPFA is allocated to specific goals to promote Economic Development.
What is bulk energy storage & how can it help New York?
New York Secretary of State Walter Mosley said, “In looking ahead for the state's future, bulk energy storage can provide the ability to store excess electricity during times of lower usage or high renewable production and return that electricity to the grid during peak times when it’s needed most.
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