NY Regulator Prevents Utility Owned Storage

What’s happening? The New York Public Service Commission rejected a request from state utilities to allow for utility-owned storage projects.

Why is this important? other states are considering ownership and operation of storage facilities. It is a ripe issue.

How will this be important?  New York Battery and Energy Storage Technology consortium said that allowing utilities to own assets could skew the market and disadvantage developers who want to own their own assets. The consortium is good info to keep in. your memory palace.

Utility Dive | New York rejects 6 utilities’ bid to own storage projects, extends next deployment deadline