Danielle Mettler-LaFeir and Ekin Senlet, both Barclay Damon LLP counsel, recently had their “A Plan to Meet New York's Expanded Energy Storage Goals” article published by Law360. The article discusses New York State’s plans to increase its energy storage capacity with the newly passed Climate Leadership and Community Protection Act, past efforts to meet the state’s greenhouse gas reduction and renewable energy goals, and what these changes mean for future NYS energy projects.
“To meet New York’s goals of 3 GW of installed energy storage capacity by 2030 and create a self-sustaining energy storage market in New York, the state needs to continue to provide financial incentives for energy storage development, increase IOUs’ energy storage requirements, and set in place a framework for accurate valuation of these resources that make them competitive with traditional energy resources.”
Read the full article here.