New York Future Energy Economy Summit: Accelerating Clean Energy Innovation and Economic Development
Key Ideas
  • Governor Hochul announces the 'Future Energy Economy Summit' to discuss accelerating renewable energy deployment and supporting economic development in New York.
  • The summit will focus on next generation clean energy technologies such as clean hydrogen, geothermal, advanced nuclear, and long duration energy storage to bolster New York's renewable energy efforts.
  • Key stakeholders including state agencies, global and federal leaders, power producers, labor and environmental groups will collaborate to explore ways to stimulate economic growth, create jobs, and support large load growth in New York.
  • The summit aims to inform State strategies and the Public Service Commission's proceedings to help meet the 2040 zero-emissions electricity system target outlined in New York’s Climate Act.
Governor Kathy Hochul of New York has announced the upcoming 'Future Energy Economy Summit' scheduled for September 4-5. The summit aims to bring together global experts, state agencies, and various stakeholders to discuss accelerating renewable energy deployment and supporting economic development in New York. The focus will be on exploring next generation clean energy technologies such as clean hydrogen, geothermal, advanced nuclear, and long duration energy storage to complement the state's renewable energy efforts. The summit will also address workforce opportunities, supply chain investments, and leveraging federal funding programs for economic development while benefiting disadvantaged communities. With anticipated growth in electric demand driven by economic projects and electrification technologies, the summit will play a crucial role in informing State strategies to achieve the 2040 zero-emissions electricity system target. New York State Energy Research and Development Authority (NYSERDA) and Department of Public Service (DPS) are conducting studies on diverse generation technologies to support the state's decarbonization goals. The summit will be chaired by NYSERDA Board Chair Richard Kauffman and will involve key state agencies and authorities. Overall, the summit is set to advance clean energy innovation and economic development in New York, positioning the state as a leader in the clean energy transition.
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