NYSERDA Announces 30% Job Growth in NY’s Energy Storage Industry



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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