The New York State Energy Research and Development Authority (NYSERDA) announced its Key Capture Energy’s storage system has been completed
The 20-megawatt battery storage claims to be the largest installation of its kind in New York. It will serve the state’s electricity system by enhancing power grid performance and reliability and reduce greenhouse gas emissions.
It also supports New York’s ambition to install 3,000 megawatts of energy-storage capacity by 2030.
The Key Capture Energy system is the first to be completed since Governor Andrew M. Cuomo announced the state’s Market Acceleration Bridge Incentive Program in April, which included $150 million for bulk storage projects. The company was awarded $1.3 million under the program.
