On June 25, 2025, the New York Public Service Commission (PSC) secretary approved a 30-day extension for the New York State Energy Research and Development Authority (NYSERDA) to issue its first bulk energy storage solicitation and file it along with its standard form agreement in Case 18-E-0130.
As we previously reported, the bulk energy storage program will provide incentives for energy storage systems greater than 5 MW and establish a new round of funding since the initial round of funding was fully allocated. The program update is long-awaited and opens up a projected $701.5 million to $1.42 billion in funding expected to be incurred from 2028 through 2044.
NYSERDA issued a draft solicitation, program manual, and standard form agreement for the bulk energy storage program on May 13, 2025. The agency requested that comments be provided on the draft solicitation and program manual by May 29, 2025, and that comments on the standard form agreement be provided by June 5, 2025. The original deadline for issuance of the final solicitation documents was June 30, 2025.
While NYSERDA filed its final Bulk Energy Storage Program Manual on June 13, 2025, it requested an extension for issuance of the final solicitation on June 23, 2025. In its extension request, NYSERDA noted that more than 40 parties had provided comments on the draft solicitation and that it needed more time to conduct additional due diligence in finalizing key provisions of the solicitation and standard form agreement “in light of the robust industry response.” NYSERDA, however, indicated that it still intends to intake bid proposals in response to the solicitation in Q4 2025, as indicated in the draft solicitation, and to maintain other key submission dates in the issued solicitation.
Based on the PSC’s action, NYSERDA now has until July 30, 2025, to issue its first solicitation.
Attorneys in Barclay Damon’s Regulatory and Energy Practice Areas will continue to monitor all developments surrounding the bulk energy storage program and are available to provide more information on matters relating to battery energy storage in New York State.
If you have any questions regarding the content of this alert, please contact Brenda Colella, Regulatory Practice Area co-chair, at bcolella@barclaydamon.com; Peter Keane, of counsel, at pkeane@barclaydamon.com; Dan Krzykowski, associate, at dkrzykowski@barclaydamon.com; or another member of the firm’s Regulatory or Energy Practice Areas.