From Utility Dive”:
New York State Energy Research and Development Authority’s (NYSERDA) Market Acceleration Bridge Incentive Program for energy storage is getting a record amount of participants, NYSERDA CEO Alicia Barton announced at the Energy Storage North America conference on Thursday.
NYSERDA announced a variety of state-wide incentives at a total cost of $405 million in April, to stimulate the storage market as the state moves toward its 3,000 MW by 2030 goal. Half a year later, $92 million of that budget has been committed to 37 projects, representing about 150 MW of capacity.
“That is, I think, faster than any program we’ve run historically at NYSERDA in terms of seeing uptake for exciting projects,” Barton said. She compared it to NYSERDA’s distributed solar program that has been building up over the years.