PSC Approves NYSERDA''s Bulk Energy Storage Program
On March 21, 2025, the New York State Public Service Commission (“PSC”) adopted, with modifications, the draft Bulk Energy Storage Program Implementation Plan proposed by the New
The Bulk Energy Storage Program will use an innovative Index Storage Credit incentive, as established in the Order and modeled in part on the Renewable Energy Certificate (REC) and Offshore Wind Renewable Energy Credit (OREC) utilized in other NYSERDA programs.
The Implementation Plan provides an operating framework for the program, with additional details to be provided in Bulk Energy Storage program solicitations. The plan begins with background on the 2019 Climate Leadership and Community Protection Act (the “Climate Act”) and the 2022 Energy Storage Roadmap (the “Roadmap”) as updated in March 2024.
Categories: Storage, Energy Policy, Energy Storage, Batteries On July 28, 2025, Governor Kathy Hochul announced the launch of New York State's first bulk energy storage competitive solicitation.
5Participation in the utility procurements precludes a Project's eligibility for the NYSERDA Bulk Energy Storage Program and NYSERDA's Request for Proposals to procure Index Storage redits (ISCRFP25-1) New York State Electric & Gas Corporation Rochester Gas and Electric Corporation 2025 Bulk Power Energy Storage Request for Proposals
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