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NYSEG gets $29M for advanced energy storage project
|Four New York advanced energy projects, including one in Watkins Glen, will receive $88 million in funding to support smart-grid and energy storage projects.|
The funding is part of the federal economic stimulus program, formally known as the American Recovery and Reinvestment Act.
New York State Electric and Gas Corp. received $29.6 million for one of 16 awards nationwide to help fund energy storage projects that will enhance reliability and efficiency of the grid, while reducing the need for new electricity plants, according to the office of Gov. David Paterson.
NYSEG’s award will help the advanced 150-megawatt facility that utilizes an underground salt cavern to store compressed air.
This demonstration site at Watkins Glen, Schuyler County, combines with a smart-grid control system that will improve grid reliability and provide a resource to accept wind-generated power, Paterson’s office said.
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