New York State has officially launched the first phase of a major energy storage initiative aimed at supporting the state’s clean energy goals. Through a new Request for Proposals (RFP), the state seeks to procure up to 1 gigawatt (GW) of bulk energy storage capacity as part of its plan to achieve 6 GW by 2030.
This solicitation is part of a three-round program led by the New York State Energy Research and Development Authority (NYSERDA) to build long-duration battery infrastructure that can improve grid reliability, reduce emissions, and support a more sustainable energy future.
Key Highlights:
Storage Target: This is the first of three bulk solicitations, with the current RFP focused on procuring 1 GW of energy storage.
Deadline: Developers must submit initial eligibility applications by September 4, 2025.
Incentives: The RFP includes a market-based “Index Storage Credit (ISC)”, designed to provide financial certainty through long-term contracts based on system performance and availability.
Safety First: Projects must comply with updated fire and building safety codes, with an emphasis on robust system designs, fire suppression, and emergency response.
Financing Help: The NY Green Bank will offer funding support to qualified projects to boost development and deployment.
Commitment to Clean Energy Equity
New York aims to ensure that at least 35% of the benefits from this program flow to disadvantaged communities, aligning with the state’s climate justice goals.
Summary Table
Area | Details |
Total Storage Target | 6 GW by 2030 |
Current Round Target | 1 GW (first of 3 rounds) |
Application Deadline | September 4, 2025 (Step 1 eligibility) |
Incentive Type | Index Storage Credit (ISC) – 15–25 year contracts |
Safety Requirement | Compliance with updated battery fire and safety codes |
Financial Support | Available through NY Green Bank |
Equity Commitment | 35% of benefits directed to underserved communities |