ValueIndex Storage Credit contracts giving revenue certainty for bulk storage; inaugural solicitation ISCRFP25-1 drew ~6 GW / 30 GWh of bids
DeadlinesISCRFP25-1 bids closed 2026-01-29; awards expected Q3 2026; program requires three annual solicitations through 2027, next round timing not yet posted
RequirementsLarge bulk-scale storage; must participate in NYISO energy and capacity markets; permits and NYSERDA peer/safety review still required after award
CaveatsISCRFP25-1 (46 projects, ~6 GW/30 GWh bid) evaluation completed Feb 2026; awards still NOT announced as of 2026-08-23 — disclosure comes when contracting completes; no second solicitation posted yet (three annual rounds required through 2027)
Last verified2026-08-23