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Developer pitches battery-storage lease at 300 Anthony St.; council hears letter of intent, mayor signals executive-session follow-up
Summary
New Leaf Energy representatives described a nonbinding letter of intent to lease city-owned land at 300 Anthony Street for two battery-storage systems and said the proposal could bring lease revenue while accessing NYSERDA incentives; the mayor asked for executive-session follow-up on business terms and interconnection details.
Representatives from New Leaf Energy presented a conceptual proposal and a three‑page letter of intent to the council planning board for a lease of city property at 300 Anthony Street to host battery-energy storage systems.
“...we would be proposing to lease, approximately 25,000 square feet, for 2 5 megawatt 4 hour batteries, which we would propose would charge at night and then discharge during the day, during peak hours to offset the need for peaker plants,” one presenter said, describing the technology’s basic operation.
New Leaf Energy said the company proposes a long-term lease (25 years with renewal options) and an initial market-rate payment of $60,000 per leased array per year with a 2.5% annual escalation in the draft terms they provided. The company described funding incentives available through NYSERDA and said developers are timing applications to access declining incentive blocks; they also noted proximity to an unused sub-transmission line and the Rosa Road substation as a possible grid interconnection advantage.
Presenters identified steps in the pipeline: site feasibility, National Grid interconnection application, permitting (including fire-safety and first-responder coordination), final agreements and construction. New Leaf Energy said New York State has strict fire-safety requirements and that developers routinely work with fire-safety experts and local fire departments on permitting and emergency response planning.
The mayor asked that further negotiations and business terms be discussed in executive session; no council vote was taken on the letter of intent during the public meeting. Staff and presenters agreed to follow up with technical details, interconnection costs and draft legal terms for council consideration.
