Sustainable Tech: The BNP Energy & Telecommunications Industry Leaders Forum
Blog Categories
April 17, 2024
New government regulations, especially at the state level, are changing New York’s energy systems, impacting production, transmission, and cost.
The need for commercial and consumer energy and connectivity is increasing, reliability margins are decreasing, and new resources will not be able to meet the demand alone.
Both the energy and telecommunications sectors are at an inflection point, and the effective use of new technologies will impact the future of their systems. Â
The Energy & Telecommunications Industry Leaders Forum convened on April 11th to discuss these challenges and ways for regional companies to work together to find effective solutions. We were joined by Kevin Lanahan, Vice President of External Affairs & Corporate Communications of New York State Independent System Operator (NYISO), for a presentation on the current state of the power grid and planning for a system in transition. NYISO is responsible for managing New York’s electric grid and its competitive wholesale electric marketplace and meeting the most stringent standards in the nation, under strict regulatory oversight.
The ILF also discussed where New York stands with implementing the Climate Leadership and Community Protection Act (CLCPA) and its resulting Climate Action Plan. One of its most significant proposals is the New York Cap and Invest (NYCI) program, being developed by state regulators. NYCI would cap statewide emissions and require employers to bid for emissions allowances. A preliminary set of draft regulations has been published, available here. The conversation also covered the New York State Legislature’s proposed NY HEAT Act and Governor Hochul’s Affordable Gas Transition Act.
Title Sponsor
Presenting Sponsors
Supporting Sponsors
Related Posts
Top Labor Issues for New York Employers
Harris Beach is proud to represent employers throughout the region and state with their present-day workforce challenges. Over the past year, several new regulations and laws have emerged, and Harris Beach has used its extensive experience to help employers navigate new landscapes.
Disrupt or Be Disrupted: The BNP Development & Construction Industry Leaders Forum
Over 100 attendees came together at the January 25th Development & Construction Industry Leaders Forum, kicking off the 2024 ILF schedule, to discuss the importance of making construction tech a priority in Western New York.
The 2024 Industry Leaders Forum: Today’s Tech
Buffalo Niagara Partnership is launching the second year of the Industry Leaders Forum (ILF) building off of a successful inaugural 2023 program. As always, ILF’s goal is to provide a space for BNP members to strategize for the future success of their business, industry, and the overall economic vitality of Western New York.
Headwinds and Tailwinds: The 2023 BNP Economic Development Summit
The BNP hosted its first Economic Development Summit on December 7 as the culmination of the 2023 Industry Leaders Forum (ILF) schedule. An impressive group of Western New York business leaders came together to discuss the current status of the economy as we collectively strategize for 2024.