New York PSC adopts energy storage road map detailing path to
Hochul announced plans in January 2022 to double New York''s previous energy storage goal of 3 GW by 2030. The state released a draft road map in December 2022
Affordable and dependable energy for all New Yorkers. Energy storage is a smart and reliable technology that helps modernize New York's electric grid, helping to make the grid more flexible, efficient, and resilient.
Energy storage systems capture and hold energy for later use by shifting when and how electricity supply and demand are balanced. They're charged using electricity from the power grid during periods of low demand or extra capacity.
Pumped hydroelectric facilities are the most common form of energy storage on the grid and account for over 95% of the storage in use today. During off-peak hours, turbines pump water to an elevated reservoir using excess electricity.
Energy storage is essential for creating a cleaner, more efficient, and resilient electric grid. Additionally, these projects will provide meaningful benefits to Disadvantaged Communities and Low-to-Moderate Income New Yorkers. Energy storage is essential to a resilient grid and clean energy system.
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