Executive Summary: February 5th Urban Energy
On February 5th, 2025, at WSP USA in New York City, 80 public and private leaders convened for The Carbon League (TCL)''s Urban Energy Storage
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.
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.
Deployment of energy storage across the U.S. has increased significantly in the past decade, mostly driven by individual state and local government policies to support acceleration of renewable energy resources for a more robust, reliable, and resilient grid.
By storing excess energy during demand lulls and discharging it as electricity during demand peaks, energy storage may cost-effectively lower consumers' utility bills, relieve stress on the grid, lower carbon emissions, and provide resilient power. There are many forms of energy storage, each with its own costs, challenges, and benefits.
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