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ARTICLE · 05 APRIL 2023

NY PSC Again Modifies Utility Procurement Requirements To Support ‘Ambitious' Energy Storage Roadmap

New York's Public Service Commission ("PSC") issued an order on March 16 modifying its energy storage procurement requirements to give utilities more time to run competitive procurements...

United StatesEnergy and Natural Resources

New York's Public Service Commission (“PSC”) issued an order on March 16 modifying its energy storage procurement requirements to give utilities more time to run competitive procurements and support the underlying economics of storage projects for the state's ambitious energy roadmap.

The order was issued in response to a November petition by six utilities (the “Joint Utilities”) and approves two specific requests in the petition:

  1. Extend the required in-service date for resources, from December 31, 2025, to no later than December 31, 2028; and
  2. Extend the maximum dispatch rights contract duration, from “up to ten years” to “up to fifteen years.”

Background on Procurement Requirements and Results

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