North Park-NW Energy Wethersfield Substation - Battery Energy Storage System, US

The North Park-NW Energy Wethersfield Substation – Battery Energy Storage System is a 64,800kW energy storage project located in Wyoming County, 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

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The project was announced in 2016.

Description

The North Park-NW Energy Wethersfield Substation – Battery Energy Storage System is owned by North Park Energy (100%).

The key applications of the project are frequency regulation and grid support services.

Contractors involved

North Park Energy is the owner of North Park-NW Energy Wethersfield Substation – Battery Energy Storage System.

Additional information

The system will be interconnected at Wethersfield Substation of the New York State Electric and Gas.

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.