New York town drops moratorium, Nala BESS progresses
With officials at the Town of Riverhead in Suffolk County, New York, having dropped plans for a moratorium, Nala Renewables has advanced one of its standalone BESS
Bulk storage: These grid-connected storage projects enable increased integration of renewable energy sources while ensuring a resilient and reliable power supply when and where it's needed most. Learn about the benefits of pairing solar and energy storage and incentives available for installing a system at your home.
Energy storage is essential for creating a cleaner, more efficient, and resilient electric grid. Additionally, these projects will provide meaningful benefits to Disadvantaged Communities and Low-to-Moderate Income New Yorkers. Energy storage is essential to a resilient grid and clean energy system.
Energy storage systems capture and hold energy for later use by shifting when and how electricity supply and demand are balanced. They're charged using electricity from the power grid during periods of low demand or extra capacity.
The storage industry anticipates this to be passed into law in 2022, and that it will apply to projects that achieved commercial operation after December 31, 2020, reducing the risks and uncertainty in energy storage project economics.
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