According to foreign media reports, the New York State Public Service Commission (PSC) announced plans to deploy a battery energy storage project at the Ravenswood power station in Long Island, Queens, New York, with an installed capacity of 316 MW.
The project will be completed in three phases: its installed capacity is 129MW, 98MW, 89MW.
When the project is fully built, its installed capacity will be five times that of Key Capture Energy's recently completed 20MW/16.5MWh battery energy storage system, the largest battery energy storage system ever deployed in the state. It will also replace 16 existing natural gas power plants in the state's power system.
The first phase of the Ravenswood battery energy storage project will be put into commercial operation in March 2021.
It is understood that New York's goal is to deploy an installed capacity of 3000MW energy storage system by 2030.
New York Governor Andrew Cuomo announced in April this year an energy storage market incentive program that will provide $150 million in funding for battery energy storage systems with an installed capacity of more than 5 MW and less than the capacity to serve customers or distribution company projects. The 5MW battery storage system will provide $149 million in funding and these projects will be deployed with solar power facilities.
Key Capture Energy's 20MW/16.5MWh battery energy storage system is the first energy storage project in a large-capacity energy storage incentive program, and the New York State Energy Research and Development Agency (NYSERDA) will provide $1.3 million in funding for the project.