Analysis Shows How Cadenza Innovation’s Demonstration Project Can Serve as a Model for Grid Operators and Building/Site Owners Interested in Safer, Lower-Cost Lithium-ion-Based Energy Storage in Urban Applications

Cadenza Innovation’s superCell-based Battery Energy Storage System Helps Advance Nation’s Largest State-Owned Electric Utility’s Momentum in Pursuing New York’s Aggressive Clean Energy Goals

WHITE PLAINS, N.Y., Feb. 16, 2023 (GLOBE NEWSWIRE) -- The New York Power Authority (NYPA) and the New York State Energy Research and Development Authority (NYSERDA) today announced that a first-of-its-kind battery energy storage system (BESS) using patented, high-safety, lithium-ion (Li-ion) superCell technology is delivering energy peak shaving capabilities to NYPA’s White Plains offices, as part of a demonstration project. The BESS developed by Cadenza Innovation is enabling NYPA – the largest state public power organization in the nation – to demonstrate a peak energy demand shaving function that reduces the peak electricity load typical of a commercial building. The pilot project will help advance New York State’s nation-leading climate and clean energy goals, including Governor Kathy Hochul’s recently announced plans for a framework for the State to achieve six gigawatts of energy storage by 2030.

“This initial testing phase shows the potential for this type of battery energy storage system to serve as a model for managing energy demands and lowering costs for owners of commercial and industrial buildings,” said New York Power Authority Acting President and CEO Justin E. Driscoll. “The unit is reducing peak loads at the Power Authority’s main offices, smoothing electricity network operations and showing a safety advantage by demonstrating a reduction in the potential of thermal runaway. Our goal is to demonstrate whether this unit will provide energy storage and power quality services on a scale that can meet commercial, industrial and network demands at buildings that are similar to ours.”

Deployed immediately adjacent to NYPA’s White Plains offices and funded in part with a $1 million award through NYSERDA’s Innovation program, the #" Cadenza Innovation's battery rack at the NYPA White Plains offices. Image: New York Power Authority