The Empire State's ongoing energy transition represents a remarkable opportunity for developers developers of large-scale onshore and offshore generation, of community and C&I distributed resources, of transmission infrastructure, of transportation electrification infrastructure, and of building decarbonization. In order to meet its clean energy goals, the state will need an additional 20 GW of generation capacity by 2030. To help reach that goal, New York has recently added billions in fresh funding to already unprecedented state investments money that comes on top of the expanded incentives from the IRA and IIJA to speed renewable generation, to decarbonize buildings, to procure storage, and to utilize new technologies.
However, obstacles still remain. Transmission interconnection queues are the longest in the nation. Project siting and permitting processes, while improved, are still difficult for some projects. The state's progress on offshore wind projects raises questions about project delivery expectations; and approval of the state's storage roadmap has been slowed by the process of developing stronger fire safety rules and requirements for battery infrastructure. How will these difficulties play out, and how will progress or lack of it, shape resource planning in 2024 and beyond?
Only the best-informed will be able to seize the opportunities this great transition has to offer. Infocast has designed this event to provide authoritative updates on the latest energy policy, to hear the plans and initiatives of critical stakeholders, and to share reports from active market participants on how they are getting projects completed and financed in this new era. Today's key issues will be thoroughly analyzed: including capacity market accreditation and resource valuation, the timing of resource retirements, resource adequacy, nascent asset classes, domestic manufacturing, social justice requirements, the impacts of building and transportation decarbonization on grid planning, and more. Infocast's annual New York Energy Summit the year's leading event for those who need to understand the NY Energy landscape returns in 2024 with a remarkable group of policymakers, decision-makers, and renewable energy leaders. Don't miss it!