Energy storage is critical to New York’s clean energy future. As renewable power sources like wind and solar provide a larger portion of New York’s electricity, storage will allow clean energy to be available when and where it is most needed. The Clean Energy Standard, a mandate to get 50% of our electricity from renewable sources by 2030, with a proposed expansion to 70%
A proposed target of 100% carbon-free electricity by 2040
A 40% reduction in greenhouse gas emissions by 2030 (using 1990 as a baseline)
Saving 185 trillion BTUs (British Thermal units) in end-use energy by 2030 through greater efficiency
Energy storage will play a crucial role in meeting these our State’s ambitious goals. Storage will help to integrate clean energy into the grid, reduce costs associated with meeting peak electric demands, and increase efficiency. Additionally, energy storage can stabilize supply during peak electric usage and help keep critical systems online during an outage.
All of this while creating an industry that could employ 30,000 New Yorkers by 2030.