NYSERDA Opens $5M+ Energy Storage Innovation Funding Round for New York Clean Energy Research

The New York State Energy Research and Development Authority (NYSERDA) announced on May 22, 2025 that over $5 million is now available to support innovative energy storage solutions across New York State. The funding is being issued through the Power Generation and Storage Innovation Program, formerly known as the Renewable Optimization and Energy Storage Innovation Program, which has already awarded more than $30 million to over twenty projects advancing next-generation battery technology.

The solicitation targets the development and demonstration of scalable long-duration energy storage (LDES) and other advanced battery energy storage solutions that can help New York meet its clean energy goals. Eligible technologies include electric, chemical, mechanical, and thermal-electric storage devices, as well as complementary solutions that reduce costs or improve performance of storage systems. Past funded projects have advanced hydrogen, zinc hybrid, vanadium flow, and iron-air battery technologies.

To qualify, proposed solutions must be ready for manufacturing and scaling, capable of demonstrating significant statewide public benefits, and able to quantify their energy, environmental, and economic impacts. The program is supported through New York's Clean Energy Fund and aligns with the state's mandate to deploy 6,000 megawatts of energy storage by 2030, a target established by the New York Public Service Commission in its June 20, 2024 Order.

Proposals must be submitted through NYSERDA's online portal by July 24, 2025 at 3:00 p.m. Eastern Time. The award builds on New York's broader energy storage strategy, which also includes residential, retail, and bulk incentive programs approved by the Public Service Commission on February 14, 2025.

Homeowners and small businesses exploring battery storage should note that this research solicitation is geared toward technology developers and innovators rather than end-users, but its outcomes are expected to lower costs and expand residential battery options in future program rounds.