Largest Battery Project in NY Now Complete
- Sep 13, 2019
The New York State Energy Research and Development Authority has announced the completion of the state’s largest battery installation. The 20-megawatt energy storage system supports Governor Cuomo’s Green New Deal and will serve New York’s electrical system by enhancing power grid performance and reliability while also reducing greenhouse gas emissions.
The project, dubbed KCE NY 1, is located in Saratoga County and is the largest lithium-ion battery storage project in the northeastern U.S. It was built by Key Capture Energy, an independent developer of utility-scale battery storage founded in 2016 in Houston. The company relocated in 2018 to downtown Albany, N.Y. in partnership with the University at Albany and the state’s START-UP NY program administered by Empire State Development.
KCE NY 1 is the first project of its kind to be completed since Governor Cuomo announced the state’s Market Acceleration Bridge Incentive Program in April, which included $150 million for bulk storage projects for systems larger than 5MW that primarily provide wholesales market energy or distribution service. Key Capture Energy was awarded $1.3 million from NYSERDA under this incentive for the KCE NY 1 project.