Bulk Energy Storage Incentive Program
Agency:NYSERDA
State:New York
NAICS Code:221100
Industry:Energy and Utilities
Solicitation Type:Grants Notice
Solicitation ID:PON 4139
4/26/2019
Close Date:12/31/2025
Project Duration:20 years
Last Updated:Please visit the bid source via the “Link to Bid Source” button below for documentation.
Schuyler Matteson(Project Manager)
Schuyler.Matteson@nyserda.ny.gov
(518) 862-0090 ext. 3123
$1,000,000 – $50,000,000
Given that the program provides financial support for energy storage systems over 5 megawatts and aims to compensate for benefits over a 20-year life, the budget could potentially range from a few million to tens of millions of dollars per project, depending on the size and type of energy storage system, as well as the specific incentives provided. Factors influencing the likely payment range include the cost of the energy storage system, the expected benefits over its lifespan, and the structure of the declining incentive. Without specific details on the incentive amounts or the number of projects to be funded, it's challenging to provide a precise estimate.
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