New York Kicks Off Bulk Energy Storage
On July 28, 2025, Governor Kathy Hochul announced the launch of New York State''s first bulk energy storage competitive solicitation.
4 FAQs about Bulk procurement of ultra-large capacity photovoltaic integrated energy storage cabinet
What is the bulk energy storage program?
The Bulk Energy Storage Program will use an innovative Index Storage Credit incentive, as established in the Order and modeled in part on the Renewable Energy Certificate (REC) and Offshore Wind Renewable Energy Credit (OREC) utilized in other NYSERDA programs.
What are energy storage contracts?
These contracts allocate the risks of project development, construction, and performance between the parties and include the price that will be paid by the utility for the resource or the energy storage services that are to be provided.
Are battery energy storage prices going back to reliable supply?
This Insight comes to you at the turning of the tide: after a period of increased pricing and supply chain disruptions, we are starting to see a return to reliable supply and declining prices in the battery energy storage markets. From the perspective of the industry, the relief could not come soon enough.
What is New York State's first bulk energy storage competitive solicitation?
Categories: Storage, Energy Policy, Energy Storage, Batteries On July 28, 2025, Governor Kathy Hochul announced the launch of New York State's first bulk energy storage competitive solicitation.
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