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  1. Market Data
September 1, 2021

Red Hook-NY Prize Microgrid Project – Energy Storage System, US

By Carmen

The Red Hook-NY Prize Microgrid Project – Energy Storage System is a 10,000kW energy storage project located in Brooklyn, New York, US.

The project was announced in 2015.

Description

The Red Hook-NY Prize Microgrid Project – Energy Storage System is owned by Consolidated Edison Energy (100%), a subsidiary of Consolidated Edison.

The key applications of the project are electric energy time shift, micro-grid capability and renewable energy time shift.

Contractors involved

Consolidated Edison Energy is the owner of Red Hook-NY Prize Microgrid Project – Energy Storage System.

Additional information

The Red Hook microgrid recently won a $100,000 feasability grant in the NY Prize competition, and developers are now working to submit a November application in the next $1 million round. New York funded three microgrid projects in Brooklyn, and last year Consolidated Edison proposed a demand management program for the borough to delay construction of a $1 billion substation.

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.

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