ENERGY STORAGE PROJECTS
The Department of Energy (DOE) Loan Programs Office (LPO) is working to support deployment of energy storage solutions in the United States to
Energy storage encompasses an array of technologies that enable energy produced at one time, such as during daylight or windy hours, to be stored for later use. LPO can finance commercially ready projects across storage technologies, including flywheels, mechanical technologies, electrochemical technologies, thermal storage, and chemical storage.
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.
As the global energy transition accelerates, the need for reliable, scalable and cost-effective energy storage solutions has never been greater.
The facility will serve as a large-scale battery energy storage system capable of charging from, and discharging into, the New York power grid. When fully functional, the 100MW battery energy storage project will be able to discharge electricity to the grid particularly during peak demand.
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