New York State aims to reach 1,500 MW of energy storage by 2025 and 6,000 MW by 2030. Energy storage will help achieve the aggressive Climate Leadership and Community Protection Act goal of getting 70% of New York's electricity from renewable sources by 2030.
Can state energy storage policies be used in underserved and low-income communities?
The intent is to create a body of reference material that can be used in state energy storage policymaking across diverse geographical and regulatory jurisdictions. The report highlights emerging strategies used by the leading states to advance energy storage adoption in underserved and low-income communities.
Approximately 15 states have adopted some form of energy storage policy including procurement targets, regulatory adaption, demonstration programs, financial incentives, and/or consumer protections. Procurement targets require utilities to acquire a specified quantity of energy storage, typically by a specified deadline.
These policies are mostly concentrated around battery storage system, which is considered to be the fastest growing energy storage technology due to its efficiency, flexibility and rapidly decreasing cost. ESS policies are primarily found in regions with highly developed economies, that have advanced knowledge and expertise in the sector.
How can States advance energy storage adoption in underserved and low-income communities?
The report highlights emerging strategies used by the leading states to advance energy storage adoption in underserved and low-income communities. While the challenges are daunting, early results from at least some of these programs show that positive results can be achieved when states adopt a focused and long-term commitment.
Can states achieve positive results from energy storage programs?
While the challenges are daunting, early results from at least some of these programs show that positive results can be achieved when states adopt a focused and long-term commitment. The report is funded by the U.S. Department of Energy—Office of Electricity, through its Energy Storage Division.
All of the states with a storage policy in place have a renewable portfolio standard or a nonbinding renewable energy goal. Regulatory changes can broaden competitive access to storage by updating resource planning requirements or permitting storage through rate proceedings.