Plans for $280 million investment in NY energy storage provide opportunities for advanced lead batteries

New York’s state governor Andrew Cuomo has pledged USD$280 million in funding for energy storage as part of his “comprehensive climate agenda” it has been announced. The plans for 3GW of energy storage in New York by 2030 will create opportunities to demonstrate the benefits of advanced lead batteries in urban locations.

New York’s stringent planning restrictions, such as fire regulations in buildings, are no barrier for lead battery technology. Lead batteries are already playing their part to support residential and business energy storage systems in the state due to their safety and reliability, with no fire-risk, as featured on CBI’s Interactive Map. With collection and recycling rates of 99% and with 85% of new lead batteries made of recycled material, they are a great fit to help deliver on the green aspirations of the current administration.

As reported by Energy-Storage.news, key climate-friendly goals such as decarbonisation are a focus of the new pledge, with the New York State Energy Research and Development Agency (NYSERDA) confirming that this funding will be allocated on “opportunities that have the greatest potential to support a self-sustaining energy storage market”.

Research into how lead batteries can play a key role in future energy storage markets at the neighbourhood-level, by allowing the generation and selling of home-grown electricity, is underway at Missouri Science and Technology’s EcoVillage, one of many research projects aiming to advance the next-generation of lead battery technology.