New York offers $5m+ for energy storage innovation

The state’s energy research entity has removed the word ‘renewable’ from its innovation fund and made more than $5 million available for new long-duration energy storage (LDES)- and advanced battery-related systems.
NYSERDA has freed up another $5 million-plus for advanced battery and LDES innovation in New York state. | Image: Commercial Solar Guy

New York State’s energy research body has announced more than $5 million for the latest round of its clean energy innovation program.

Formerly known as the Renewable Optimization and Energy Storage Innovation Program, the renamed Power Generation and Storage Innovation Program will make the funds available to develop and field test electric, chemical, mechanical, and thermal-electric LDES and advanced battery energy storage devices, software, controls, and power electronics.

Innovations which could reduce energy storage hardware and installation costs, and could improve performance, will also be eligible to apply for funding from the program, which is managed by public benefit corporation New York State Energy Research and Development Authority (NYSERDA).

Projects bidding for funding, via NYSERDA’s competitive system, must be grid-compatible and ready to be manufactured and scaled.

The program, in its previous guise, has awarded more than $30 million to more than 20 projects to support the development of hydrogen, zinc-hybrid, vanadium flow, and iron-air battery advancements as well as hydroelectric energy storage innovation.

Requests for funding in the latest program round can be submitted until 3:00 p.m. (ET) on July 24.

Announcing the latest funding round on Thursday, NYSERDA President and CEO Doreen M. Harris said, “The possibilities created by innovative energy storage solutions can safely deliver more reliable electricity to New York communities as part of building an affordable and resilient zero-emission future. This critical funding will help cultivate the most promising technologies to help reduce our reliance on fossil fuels, improve air quality, and manage energy costs.”

The Power Generation and Storage Innovation Program is funded by the 10-year, $5 billion Clean Energy Fund announced by former New York Governor Andrew Cuomo, in 2016, and passed by the state in 2021.

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