Posts by Emily Lammers
Key Capture Energy Reaches Tax Agreement, Continues Progress on KCE NY 1 Project
KCE is pleased to have reached a tax agreement with the Mechanicville-Stillwater Industrial Development Agency. The company made local headlines last week after the agreement was announced. In an article titled “20-megawatt battery facility planned in Stillwater,” the Daily Gazette praised Key Capture Energy’s project as “one of the first big steps toward the state’s…
Read MoreNew York State Releases Road Map to Guide Energy Storage into the Future
The New York State Energy Research and Development Authority (NYSERDA) unveiled its plan to achieve a nation-leading target of 1,500 MW of energy storage by 2025. The report comes behind recent promises by Governor Andrew Cuomo to commit $200 million of financing through the New York Green Bank to achieve progressive energy storage deployment targets.…
Read MoreKCE Welcomes Summer Interns
This summer, Key Capture Energy welcomes eight interns between the Houston and Albany offices, where we will be ramping up activity as opportunities abound in the rapidly-changing energy storage market. Below are descriptions of the diverse backgrounds of this intern pool. Middlebury College Kevin Hopsicker – Economics Rice University Taylor Morin – EconomicsKatherine Zoellmer –Material…
Read MoreFERC Decision Puts Energy Storage on the National Stage
On Thursday, February 15th, FERC Commissioners unanimously passed a rule proposed in late 2016 on enabling the participation of Energy Storage resources in RTO and ISO markets nationally. The commissioners each touted the growth in the industry that awaits, and the associated benefits that it will bring to the grid: Commissioner LaFleur mentioned the variability…
Read MoreKey Capture’s Jeff Bishop Speaks at Sierra Club
On January 11th, KCE’s managing director, Jeff Bishop, spoke at 2018’s first gathering of Houston’s chapter of the Sierra Club. Making market changes for a new energy technology application, such as energy storage, requires action from all stakeholders to be realized. As a world leader in environmental advocacy, the Sierra Club has played a prominent…
Read MoreGovernor Cuomo Commits $200 Million to Meet 1500MW Storage Target by 2025
On January 3rd, as part of New York’s 2018 “State of the State” address, Governor Cuomo delivered the largest energy storage target per capita recorded yet by any state, with the goal of increasing transmission of clean and renewable energy while overcoming traditional grid infrastructure upgrades. Reaching this goal is projected to employ 30,000 New…
Read MoreKCE NY 1 Receives Site Plan Approval
See our press release below. Key Capture Energy, Inc., has received site plan approval for its KCE NY 1 project to be built at the Luther Forest Technology Campus in Stillwater, NY. The project, a 20 MW battery energy storage system, will interconnect to the adjacent NYSEG substation. The project is another example of the…
Read MoreKey Capture’s Jeff Bishop to Speak at NY-BEST Energy Storage Conference
On October 11th, the New York Battery and Energy Storage Technology (NY-BEST) Consortium will be hosting the Energy Storage Technology Conference in Rochester, NY. Industry and academic leaders will fuel discussions around technological advances and R&D in energy storage technology, while business and project development experts will discuss current and potential commercialization efforts. Jeff Bishop,…
Read MoreEarlier this summer both Massachusetts and New York advanced policy initiatives further supporting the deployment of energy storage solutions.
Just prior to July 1, the Massachusetts Department of Energy Resources (DOER) announced an aspirational 200MWh energy storage procurement mandate, to be procured by the state’s utilities by January 1st, 2020. They join California and Oregon as the third state to impose a procurement target. This follows legislation passed in the summer of 2016, in…
Read MoreNew York Utilities to Aquire Two Energy Storage Projects by 2019
Earlier this month, the New York State Public Service Commission (PSC) took major steps to promote energy storage development as part of Governor Andrew Cuomo’s Reforming the Energy Vision (REV) initiative. Specifically, the Commission directed the state’s seven investor-owned utilities to deploy at least two energy-storage projects by the end of 2018. These projects will…
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