NYCEEC brings the battery to Brooklyn, financing energy storage for a low-income housing microgrid

The New York City Energy Efficiency Corporation (NYCEEC) has made a 10-year project loan of more than US$1m to the energy storage company, Demand Energy. This project will bring large-scale battery storage technology to a privately-owned low-income housing development in Brooklyn, NY. The system will cut power expenses, help keep the grid reliable and provide off-grid backup power for emergencies.

A lithium-ion battery system will be used to store power generated onsite by the Marcus Garvey housing complex’s solar panels and fuel cell systems, or lower-cost off-peak Con Edison power. The system will dramatically reduce power demand when electricity is at its highest cost, and will be the first battery storage microgrid installation in a low-income property in greater New York. The 625-apartment housing complex has already installed 400 kW of solar and is committed to adding 400 kW of fuel-cell generating capacity as part of a major property renovation.

For more information on the NYEEC project, see full article.


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