In addition to supporting the state’s transition to zero-emission vehicles by 2035, the funding advances the Climate Leadership and Community Protection Act requirements to achieve a zero-emission electricity sector by 2040 and reduce emissions 85% by 2050.
Through this competitive program, administered by the New York State Energy Research and Development Authority (NYSERDA), the State seeks to:
Advance well-managed electric vehicle (EV) charging infrastructure and reduced grid integration costs;
Improve the economics of EV ownership for residential consumers and commercial fleet managers;
Spur research and innovation that supports widespread deployment of EVs as a beneficial asset to both EV owners and grid operators including combining EVs with bi-directional charging, energy storage, and on-site energy generation; and
Demonstrate medium- and heavy-duty vehicle electrification, either through fuel-cell electric vehicles or standard battery operated EVs.
Awards of up to $3 million each will be granted for product development and demonstrations of technologies and business models that help reduce energy demand peaks and provide grid benefits through managed charging/discharging that will lower the overall cost of necessary electric grid infrastructure upgrades.
Concept papers for consideration for full proposal submission under this new initiative will be accepted through 3:00 p.m. on 12 September 2023. For those selected to move forward, the deadline for full proposal submission is 8 November 2023. A second round of funding may be issued in early 2024 if all funds are not awarded in the first round.
Funding for this initiative is through the State’s 10-year, $6-billion Clean Energy Fund.