BUDGET PROCUREMENT
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The Implementation Plan provides an operating framework for the program, with additional details to be provided in Bulk Energy Storage program solicitations.
NYSERDA also proposes to evaluate the various non-price benefits that bulk energy storage projects can provide to the electrical grid. These may include evidence of the potential to support peaker plant displacement and the capability to reduce curtailment and otherwise support renewables integration.
As recommended in the Roadmap and specified in the Order,6 the ISC will represent one MWh of energy storage capacity that is operational and available on a given day. As such, a storage project will be credited with ISCs equivalent to its MWh storage discharge capacity for each day that it is operational and available for dispatch.
Bulk storage program costs associated with procurement are estimated to be $701.5 million - $1.42 billion (net present value in 2024 dollars) to procure 3,000 MW of bulk storage.27 The range of these projections reflects future uncertainties, most notably those associated with energy and capacity prices.
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