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August 31, 2021

John F Kennedy International Airport Solar PV Park – Battery Energy Storage System, US

By Carmen

The John F Kennedy International Airport Solar PV Park – Battery Energy Storage System is a 7,500kW energy storage project located in New York, New York, US.

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Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
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The project was announced in 2019 and will be commissioned in 2021.

Description

The John F Kennedy International Airport Solar PV Park – Battery Energy Storage System is being developed by New York Power Authority. The project is owned by New York Power Authority (100%).

The key applications of the project are renewable energy integaration, electric energy time shift and demand response.

Contractors involved

New York Power Authority is the owner. New York Power Authority is the developer.

Additional information

Developed in partnership with the New York Power Authority (NYPA), the JFK International Airport Solar Photovoltaic Project will generate approximately 13 MW of onsite solar and approximately 7.5 MW of battery storage, including a 6.1 MW community solar generation facility. SunPower is the solar developer and contractor for the infrastructure to be built. The financial partner, Goldman Sachs Renewable Power Group, will hold the power purchase agreement.

About New York Power Authority

New York Power Authority (NYPA) is a state-owned power organization. It generates electricity, and transmits and sells it on wholesale basis. The authority generates electricity using hydro and natural gas sources. Through long-term electricity supply agreement with Astoria Energy II LLC, NYPA procures electricity from Queens based natural-gas fueled generating plant. It serves municipal and investor-owned utilities, rural electric cooperatives, high load factor industries and other businesses across New York State, various public corporations in south-eastern New York within the metropolitan area of New York City and out-of-state customers. NYPA is headquartered in New York, the US.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.

Related Companies

Free Report
img

Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
Enter your details here to receive your free Report.

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