New York Governor Kathy Hochul outlined her plans for ‘Achieving the New York Dream’ in her 2023 State of the State address. A key component is a ground-breaking cap-and-invest program to reduce greenhouse gas emissions and combat climate change by driving investments in clean energy manufacturing, renewable energy and energy storage.
Governor Hochul’s announcement clearly puts New York State as the undisputed leader amongst states to deliver policy and investments to deliver historic firsts on de-carbonizing.
As reported in New York’s Energy Storage Roadmap developed by the New York State Energy Research and Development Authority (NYSERDA) and the New York State Department of Public Service, “energy storage will play a critical role in supporting New York’s decarbonized electric grid by integrating large quantities of variable renewable energy, reducing curtailment, and storing renewable generation for the times it is needed most.”