As a landowner leasing property to Quidnet for their Oxford, New York project, I’ve been impressed with the professionalism, courtesy and respect demonstrated by every person I’ve dealt with at Quidnet.
My experience has been very positive. They’ve done everything they said they were going to do and have been very responsive to issues that arise from time to time. They even briefed the Oxford Town and Chenango County Planning boards, both of whom are very supportive of the Oxford project and excited to see what it bodes for our future.
New York State’s Climate Leadership and Community Protection Act (Climate Act) established an ambitious set of emission-reduction and green energy goals for the Empire State. It calls for an 85% reduction in greenhouse gas emissions by 2050, creation of a 100% zero-emission electric system by 2040 with 70% of the state’s electricity coming from renewable resources by 2030.
The Empire State’s grid operator, the New York State Independent System Operator (NYISO), has adopted changes in market design opening an array of wholesale electricity market opportunities for to energy storage resources.
New York’s Climate Act calls for 6,000 MW of solar resources by 2025..
At the end of 2020, there were more than 2,500 MW of behind-the-meter solar capacity installed and one 40-MW utility-scale solar facility connected to the NY grid.
Proposed utility-scale solar projects under active review for interconnection to the NY grid total 1,583 MW
In 2021, New York State’s installed wind capacity is 1,818 MW.
Proposed wind projects currently being studied for interconnection to the NY grid total 2,808 MW.
New York has 1,400 MW of traditional pumped hydro storage capacity.
Proposed energy storage projects currently being studied for interconnection to the NY grid total 771 MW.
New York’s Climate Act calls for 3,000 MW of energy storage by 2030.
Energy storage in New York will grow to more than 5,000 MW by 2040, according to NYISO forecasts.
Generation-1 resource estimate
Peak system load
Under development in rural upstate New York
The Need for Storage
Significant amounts of wind turbines and solar photovoltaics are being installed throughout New York State in the transition to carbon-free electricity. But they can only generate power when the wind blows and the sun shines. As a result, energy storage is needed to make their power available whenever it is needed. To assure electric system reliability, long-duration energy storage is vital.
A NYISO study of New York State’s “70 by 30” target found that that transmission constraints would lead to curtailment of 11% of the total potential renewable energy production across New York, with curtailment levels in some regions as high as 63%. Along with enhanced transmission capability, long-duration energy storage can optimize New York’s ability to use its renewable power resources. However, most battery systems provide only a few hours of storage.
Quidnet is working to make long-duration energy storage a reality in New York and other parts of the nation. We are developing and deploying energy storage using the science of geomechanics and time-tested pumped-storage hydropower technology. Our system is modular, scalable, and terrain-independent, offering structural cost advantages, with lower per-megawatt installed costs than gas peaking plants and alternative storage systems. We’re reliable and ready, with equipment provided and serviced by mature suppliers from well-established industries.