The New York State Energy Research and Development Authority (NYSERDA) has signed a contract with Lincoln Park DG LLC, a wholly-owned subsidiary of GlidePath Power Solutions (GlidePath), to build a 20-megawatt storage project in the Town of Ulster, replacing previously planned projects that would have used fossil fuels to generate power for the local community. The project is expected to be completed in early 2021 and supports Governor Andrew M. Cuomo's nation-leading energy storage deployment target of 3,000 megawatts by 2030 as well as his Green New Deal, a clean energy and jobs agenda that puts New York State on a path to a carbon-free electricity system.
Alicia Barton, President and CEO, NYSERDA said, "Advancing energy storage installations across the state enables more renewables to be integrated into our electric grid, while reducing harmful greenhouse gas emissions and making local communities healthier. As New York moves toward achieving Governor Cuomo's historic and nation-leading clean energy targets, we will continue to forge partnerships with stakeholders such as GlidePath to further grow the rapidly expanding energy storage sector and our green economy."
Located at the Lincoln Park Grid Support Center, this project is an example of how community outreach and New York's ambitious climate and clean energy policies are already working to steer the state away from reliance on dirtier fossil fuels. When the project was originally proposed in 2018, the facility design included a natural gas-powered peaking plant, which raised concerns in the community. As a result, GlidePath changed direction by announcing plans to install a battery at the site. To support the new plan, GlidePath received approval for $8.8 million from NYSERDA's Market Acceleration Bridge Incentive Program, which provides incentives for bulk and retail storage projects.
Now that the contract is executed, the project moves into the design and study phase, which could take up to one year, and then it will be built. Once it is operating, the four-hour battery system will help relieve grid constraints by storing cleaner generation and releasing it during peak demand hours.
"It has been an honor to work with NYSERDA, the Town of Ulster and local citizens to create a project that will advance battery storage both in New York and across the industry," said Peter Rood, Chief Development Officer for GlidePath. "We look forward to doing our part to help New York achieve its bold clean energy vision."
NYSERDA's Market Acceleration Bridge Incentive Program is part of a $405 million energy storage investment to help accelerate industry growth and drive down energy storage deployment costs to build a sustainable and affordable market. It is complemented by a $250 million commitment that the New York Power Authority (NYPA) made last December to accelerate the flexibility of the electric grid by collaborating on grid-scale energy storage projects and addressing market and financing barriers.
Today's announcement is the State's latest milestone in its efforts to expand the energy storage sector since Governor Cuomo announced the release of the New York Energy Storage Roadmap in June 2018. In September, NYSERDA announced the completion of the state's largest battery installation, just north of Albany. The 20-megawatt system by Key Capture Energy will help balance electric load and generation by storing and discharging power based upon the changing needs of the grid.
Earlier this summer, Governor Cuomo signed the Climate Leadership and Community Protection Act, which codified the State's 3,000-megawatt energy storage target, the most ambitious in the country. Achieving this target is expected to deliver more than $3 billion in benefits to New Yorkers and avoid two million metric tons of carbon dioxide emissions, as well as grow the sector. According to NYSERDA's 2018 Clean Energy Industry Report which was issued in September, firms in the grid modernization and energy storage technology grew five times faster than national employment in this sector and continues to grow.
Ulster Supervisor James Quigley said, "The Town of Ulster is proud to play host community to this transformative energy project. We hope that this is the beginning of the development of many more projects that will reduce carbon emissions."
Ned Sullivan, President of Scenic Hudson, said, "Scenic Hudson worked with local partners to urge Glidepath to transition from building a fossil-fuel plant that would cause pollution and contribute to climate change to a project like this, which supports clean, renewable power generation and will help achieve Governor Cuomo's visionary climate goals. In addition to being good for the environment, this project will benefit the local economy, making it a win-win.
Date: Dec 16, 2019