New York energy storage project wins $17M loan guarantee

The US Dept. of Energy finalized $17.1 million loan guarantee to support energy storage project in Johnston City, N.Y.


The U.S. Dept. of Energy has finalized a $17.1 million loan guarantee to support a utility-scale energy storage project in Johnston City, N.Y.

The loan guarantee will underpin the construction of a 20-MW facility using lithium-ion battery technology, in a project being developed by AES Westover, part of AES Corporation of Arlington, Va.

The DOE said the project would help provide a more stable and efficient electrical grid for the state’s high-voltage transmission network.

The AES project will make use of advanced lithium-ion battery cells supplied by A123 Systems Inc., which assembles, tests, and validates its battery systems at a facility in Hopkinton, Mass.

The energy storage facility will be used to provide short bursts of power for the grid during periods of peak demand, replacing the use of fossil fuel power plants in regulating the New York electricity network. It would be charged up during periods of low electricity demand.

Officials said the technology could help reduce the carbon emissions by 70% compared to fossil fuel-based frequency regulation, and would also mean lower-cost regulation for the grid.

Through the Loan Programs Office, the DOE has issued loan guarantees, or offered conditional commitments for loan guarantees, to support 16 clean energy projects totaling nearly $16.5 billion.

U.S. DOE Press Release

AES Corporation is a CSIA member as of 2/26/2015

No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
HVAC and building envelope: Efficient, effective systems; Designing fire sprinkler systems; Wireless controls in buildings; 2015 Product of the Year winners
2015 MEP Giants: MEP Giants annual report; Mergers and acquisitions; NFPA 2001; Fiber-optic cables; LED specifications
Hospital IAQ: Indoor air quality in health care facilities; NFPA 72; Water use and conservation; Net-zero buildings
Designing positive-energy buildings; Ensuring power quality; Complying with NFPA 110; Minimizing arc flash hazards
Implementing microgrids: Controlling campus power generation; Understanding cogeneration systems; Evaluating UPS system efficiency; Driving data center PUE, efficiency
Optimizing genset sizing; How the Internet of Things affects the data center; Increasing transformer efficiency; Standby vs. emergency power in mission critical facilities
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.