Emerging Trends Series: New York Energy Storage Markets
Sponsored by Foley Hoag LLP
Energy storage will play a key role in achieving New York State’s bold climate vision, set in motion in June 2019 with the passage of The Climate Leadership and Clean Energy Protection Act, the nation-leading law which calls for economy-wide emissions reductions to reach net-zero by 2050,100% clean electricity by 2040, and 70% renewable electricity by 2030. The Act also codifies an existing Cuomo Administration commitment to deploy 3,000 MW of energy storage by 2030.
NECEC's Emerging Trends Series event, sponsored by Foley Hoag, explores elements of the new legislation, with a focus on how the private and public sectors can partner to create and sustain a vibrant market for a broad set of storage technologies. The event begins with a fireside chat between Foley Hoag's Mark Barnett and NYSERDA's Alicia Barton to discuss the new legislation and hear how New York plans to execute on its goals. A panel of energy storage industry leaders then dig deeper on the energy storage elements of the bill.