NYSERDA Announces 30 Percent Job Growth in New York’s Energy Storage Industry Over Four Years, Bringing Employment to 3,900
NYS storage industry’s annual global revenues grew 50 percent to $906 million between 2012 and 2015, projected increase to $8.7 billion by 2030
The New York State Energy Research and Development Authority (NYSERDA) announced today that jobs in the State’s energy storage sector grew to approximately 3,900 – a 30 percent increase from 2012 through 2015, according to a recently completed report. New York’s commitment to clean energy, including its nation-leading energy goals, have helped spur the strong growth, which also saw annual industry revenues reach an estimated $906 million during the same time period, a 50 percent increase.
The report, “The Energy Storage Industry in New York State: Recent Growth and Projections 2015 Update,” was funded by NYSERDA and issued by Industrial Economics Inc. NYSERDA established the New York Battery and Energy Storage Technology Consortium (NY-BEST™) in 2010 to help position New York State as a global leader in energy storage technology for electric grid, transportation, and other large-scale storage applications, working with industry and academic partners. The consortium now includes Fortune 500 companies, start-ups, universities, national research centers and laboratories spanning all facets of the energy sector.
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