Next-Gen Renewable Energy Technology Summit to Be Held in New York

Experts in the renewable-energy space are set to congregate in New York to discuss how next-generation green-energy strategies and technologies can accelerate the deployment of renewable energy infrastructure and simultaneously support economic development in New York State. The Future Energy Economy Summit will run from Sept. 4–5, 2024, and bring together power producers, federal leaders, business groups, environmental groups, relevant state authorities and agencies, as well as other relevant stakeholders.

Attendees at the summit will discuss how next-gen renewable technologies could aid in the deployment and expansion of industrial and commercial enterprises. Furthermore, participants will explore how these technologies can speed up the installation of the dispatchable zero-emission resources required to support New York State’s efforts to boost its green-energy capacity.

New York Governor Kathy Hochul says that as the state continues to attract new economic and manufacturing opportunities, leaders are working to make sure these new businesses align with New York’s vision of a carbon-free economy. She noted that the summit would bring the world’s brightest minds together to explore how New York can accelerate its green-energy deployment progress and the role next-generation renewable-energy technology could play in creating new jobs and inducing economic growth across the state.

Hochul appointed Richard Kauffman, current board chair of the New York State Energy Research and Development Authority (NYSERDA), as the summit chair. Additional personnel from the leaders and staff of the Department of Public Service (DPS), New York Power Authority (NYPA), Empire State Development (ESD), Department of Health (DOH), Emergency Services (DHSES), Department of Labor (DOL), Division of Homeland Security, Department of Environmental Conservation (Dec) and NYSERDA will contribute to the summit.

One of the summit’s key objectives will be collecting input on next-gen technologies such as clean hydrogen, next-generation geothermal, long-duration energy storage and other emerging technologies in the green-energy space. State authorities will use the expert input gathered at the summit to inform statewide economic development strategies and provide relevant data to the Public Service Commission.

The commission is currently studying technologies that could help New York meet the 2040 zero emissions grid target set by the state Climate Act. This would require replacing fossil fuel-generated electricity with energy from renewable sources and transporting it to users without overloading the grid or hiking energy costs. With New York already making significant investments in renewables such as solar and wind, state leaders are looking to increase New York’s capacity for renewables via next-generation renewable energy sources.

Such efforts seeking to optimize the state’s transition to clean energies is a great undertaking since the speedy transition to renewables can help such a heavily urbanized state to dent the carbon emissions from vehicular transport as electric vehicles from diverse manufacturers such as Mullen Automotive Inc. (NASDAQ: MULN) increase on the road and leverage the green energy for charging.

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