May 01, 2018
Part of NECEC's Emerging Trends Series
The energy storage market has taken off in the Northeast. In late 2017, Massachusetts announced $20 million in grants for 26 projects through the Baker-Polito Administration’s Advancing Commonwealth Energy Storage program, while New York Governor Andrew Cuomo recently commited to deploy 1,500 megawatts of storage by 2025. With storage finally here, communities and consumers are looking to marry solar with storage as a solution to reducing electricity costs, increasing grid resiliency and better-utilizing energy resources. Numerous NECEC Members are leading in this space in Massachusetts, New York and other states that have jump-started their energy storage markets.
Foley Hoag’s Energy and Climate practice group and NECEC presented a discussion with developers and thought leaders at the cutting edge of the Northeast’s solar and storage markets.
BOSTON SPEAKERS