Energy Storage News•about 1 month ago
New York leads US in BESS moratoriums, recent data shows
Key Takeaway
Local policy actions in New York are creating significant headwinds for BESS deployment, impacting project viability, grid modernization, and the availability of reliable, clean power for large consumers and developers.
AI Summary
- •New York leads the US with 97 battery energy storage system (BESS) moratoriums, significantly hindering project development in the state.
- •These local policy actions increase project risk, development costs, and uncertainty for BESS developers, potentially delaying grid modernization and renewable integration targets.
- •For large power consumers and IPPs, the moratoriums signal substantial regulatory hurdles and local opposition that must be navigated, impacting project timelines and financial viability.
- •The restricted deployment of BESS could lead to delays in grid stability improvements, higher future energy costs, and challenges in meeting clean energy mandates for consumers and developers in New York.
Topics
datacenterinterconnectpolicystoragetransmission