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  1. Market Data
August 31, 2021

Lincoln Park Grid Support Center – Battery Energy Storage System, US

By Carmen

The Lincoln Park Grid Support Center – Battery Energy Storage System is a 20,000kW energy storage project located in Ulster, New York, US. The rated storage capacity of the project is 80,000kWh.

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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
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by GlobalData
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The project was announced in 2019 and will be commissioned in 2021.

Description

The Lincoln Park Grid Support Center – Battery Energy Storage System is being developed by GlidePath Power. The project is owned by GlidePath Power (100%).

The key application of the project is peaking power and ancillary services.

Contractors involved

GlidePath Power is the owner. GlidePath Power is the developer.

Additional information

The New York State Energy Research and Development Authority (NYSERDA) has signed a contract with Lincoln Park DG LLC, a wholly-owned subsidiary of GlidePath Power Solutions (GlidePath), to build a 20 MW storage project in the Town of Ulster, replacing previously planned projects that would have used fossil fuels to generate power for the local community. To support the new plan, GlidePath received approval for $8.8 million from NYSERDA’s Market Acceleration Bridge Incentive Program, which provides incentives for bulk and retail storage projects.

About GlidePath Power

.GlidePath Power LLC (GlidePath Power) is an independent energy solution service provider. The company is engaged in the development of advanced energy systems. Its service portfolio includes production of renewable energy and battery storage projects. GlidePath Power projects portfolio includes Prospect Energy Storage, Meyersdale Energy Storage, Dandan Solar, Marengo Energy Storage, Jake Energy Storage, Elwood Energy Storage, and McHenry Energy Storage. It operates its business through various located at various location including Texas, and Pennsylvania. GlidePath Power is headquartered in Elmhurst, Illinois, 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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