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ENERGY STORAGE NEWS | New York’s state government backs long-duration energy storage projects

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ENERGY STORAGE NEWS | New York’s state government backs long-duration energy storage projects

September 9, 2022

US$16.6 million funding has been committed for five long-duration energy storage (LDES) projects in New York by the US state’s government. Governor Kathy Hochul announced the awards yesterday at an energy tech conference in New York City. At the same time, Hochul revealed that a further US$17 million will be available through a competitive funding opportunity for projects advancing the development and demonstration of scalable LDES technologies.

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