New York’s ‘VDER’ Alternative Payment Method Helps Spur Energy Storage

New York is well on its way to meeting the state’s goal of having 1,500 MW of energy storage by 2025 and 3,000 MW by the end of the decade, and the 'value of distributed energy resources,' or VDER, mechanism gets part of the credit, according to a report released by state utility regulators. The state had deployed or contracted for 706 MW of … [Read more...]

New York Moves from Vision to Devilish Details on REV Pricing, Microgrids

New York is tackling the devilish details that will determine if Reforming the Energy Vision (REV) lives up to its promise of creating a market platform for microgrids and local energy. Pricing, of course, is everything in energy markets. To that end, public service commission staff are preparing a proposal about who will pay for what on the … [Read more...]