NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY
Over $5 Million Is Now Available To Support Innovative Energy Storage Solutions

The New York State Energy Research and Development Authority (NYSERDA) today (May 22) announced over $5 million is now available to support innovative energy storage technologies in New York that can harness and provide stored energy to New York's electric grid. Today's announcement advances product development and demonstration of scalable long duration energy storage (LDES) and other advanced battery energy storage solutions that can help integrate existing energy resources into the grid to efficiently and cost-effectively meet energy demand during peak times and reduce the state's reliance on fossil fuels.

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. This critical funding will help cultivate the most promising technologies to help reduce our reliance on fossil fuels, improve air quality and manage energy costs."

The competitive solicitation, offered through NYSERDA's Power Generation and Storage Innovation Program, seeks qualified proposers to develop and field-test electric, chemical, mechanical, and thermal-electric long duration or advanced battery energy storage solutions including innovation technologies such as devices, software, controls, power electronics. Other complementary technology solutions that can be considered include those that decrease energy storage total hardware and installation costs, improve performance, and demonstrate integration with the grid. Only solutions that are ready to be manufactured, scaled, demonstrate significant statewide public benefits and quantify all energy, environmental and economic impacts will be considered.

Proposals are due on July 24, 2025 by 3:00 p.m. ET. For more information on this funding opportunity please visit NYSERDA's website .

NY-BEST Executive Director Dr. William Acker said, "Long Duration Energy Storage and other innovative energy storage technologies will provide critical services to the electrical grid supporting reliability, infrastructure efficiency reducing cost, and enabling our clean energy goals. NY-BEST applauds NYSERDA's leadership in advancing the development and deployment of these vital resources."

Today's announcement builds on the success of previous rounds issued under the program, formerly known as the Renewable Optimization and Energy Storage Innovation Program, which has awarded more than $30 million to over twenty projects to support technologies like hydrogen, zinc hybrid, vanadium flow and iron-air battery advancements, and hydroelectric storage. New York State's investments in research, development, and commercialization support innovators accelerating the clean energy transition to economy-wide carbon neutrality. NYSERDA's Innovation and Research (I&R) program is deploying approximately $1.2 billion over 15 years as direct research investments and commercialization support. To date, more than $800 million in investments have supported more than 700 companies and made approximately 300 products commercially available to individuals, businesses, and utilities.

Funding for this initiative is through the Clean Energy Fund.

New York State's Climate Agenda

New York State's climate agenda calls for an affordable and just transition to a clean energy economy that creates family-sustaining jobs, promotes economic growth through green investments, and directs a minimum of 35 percent of the benefits to disadvantaged communities. New York is advancing a suite of efforts to achieve an emissions-free economy by 2050, including in the energy, buildings, transportation, and waste sectors.

NYSERDA

Since 1975, NYSERDA has been working to advance New York's energy system and economy. As a public benefit corporation, NYSERDA has served as an objective source for information and technical expertise to drive innovation and investment. NYSERDA professionals have worked for the past 50 years to protect the environment and help New Yorkers increase energy efficiency, save money, and reduce reliance on fossil fuels. To learn more about NYSERDA's programs and funding opportunities, visit nyserda.ny.gov or follow us on Twitter, Facebook, YouTube, or Instagram.