April 25, 2018 Read More →

Storage, Solar, Efficiency Get Big Boost in New York

Greentech Media:

Governor Andrew Cuomo announced new energy efficiency standards for New York on Friday, calling for investor-owned utilities to achieve annual efficiency savings equal to 3 percent of sales by 2025. The new target would accelerate energy efficiency by more than 40 percent over current forecasts and reduce energy consumption by 185 trillion Btu.

New York’s Public Service Commission also approved a series of measures last week as part of the state’s Reforming the Energy Vision (REV) initiative. Now in its fourth year, REV is a sweeping overhaul of utility and energy regulations meant to enable more distributed energy on the grid.

One of the changes will allow distributed energy storage projects of up to 5 megawatts to connect to the grid, which the commission says will expand the integration of larger energy storage technologies. Another rule will make it easier for neighboring farms to form community distributed generation projects, including the use of anaerobic digesters to produce electricity. Previous rules required at least 10 farms to work together in order to start a project.

Earlier this month, Cuomo announced that up to $15 million would be available for projects that help advance and improve the resiliency of the electric grid, as part of an effort to lower energy costs and combat climate change. The state has already awarded $9.6 million through 22 contracts solicited in 2016 that focus on smart grid technologies.

In January Cuomo unveiled a series of clean energy proposals, including a pledge to deploy 1,500 megawatts of energy storage by 2025 as the state works toward 50 percent renewable energy by 2030.

More: New York Boosts Efficiency Target, Makes Way for More Solar and Energy Storage

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