New Energy Storage Project Expansion Plan

Does the energy storage strategic plan address new policy actions?

This SRM does not address new policy actions, nor does it specify budgets and resources for future activities. This Energy Storage SRM responds to the Energy Storage Strategic Plan periodic update requirement of the Better Energy Storage Technology (BEST) section of the Energy Policy Act of 2020 (42 U.S.C. § 17232 (b) (5)).

Why is Energy Storage Resource Development important?

Energy storage resource development will continue to grow across the United States as an important tool to enhance grid reliability and stability as intermittent renewable generating resources account for a larger share of generation resources.

Does New York have a bulk energy storage program?

The New York State Energy Research and Development Authority filed with the New York Public Service Commission a proposed bulk energy storage program implementation plan designed to support the state’s build-out of storage deployments to meet the stated goal and to reduce projected costs by nearly $2 billion.

How are battery energy storage resources developed?

The most significant battery energy storage resource development has occurred in states that have adopted some form of incentive for development, including through utility procurements, the adoption of favorable regulations, or the engagement of demonstration projects.

What's new at Moss Landing energy storage facility?

The Texas-headquartered integrated utility and power generation company said it wants to add another 350MW/1,400MWh BESS to the Moss Landing Energy Storage Facility in California’s Monterey Bay.

How much energy storage did Tesla deploy in 2024?

31.4 GWh Deployed: Throughout 2024, Tesla deployed an astonishing 31.4 GWh of energy storage, up 114% from the previous year. This surge reflects not only increased demand but also Tesla’s ability to scale its operations effectively.