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
Talent is Everything: The BNP Tech Industry Leaders Forum
Buffalo Niagara has approximately 12,900 tech jobs across 5,200 tech and tech enabled firms, according to extensive research by Tech Buffalo and the University at Buffalo Regional Institute. Between 2010 and 2019, tech jobs here grew at a rate of 4%, trailing our peer cities and the top ten national tech hubs.
Competing in a Changing Economy: The BNP Small Business Industry Leaders Forum
Small business owners are facing constant and complicated challenges, ranging from staffing shortages to rising costs. On May 18, the BNP convened the first Small Business Industry Leaders Forum (ILF) to explore shared strategies and to discuss how the sector can compete in a changing economy and shifting talent market.
Buffalo Niagara tourism builds back from Covid crash, but faces challenges
BUFFALO, N.Y. (WKBW) — As the weather gets warmer, tourism in the Buffalo Niagara region becomes more visible – whether it’s the blue ponchos at the Maid of the Mist or convention attendees making their way down Franklin street to the Buffalo Niagara Convention Center.
Understanding the Value of Visitors: The BNP Hospitality & Tourism Industry Leaders Forum
Building a positive visitor experience is a cornerstone of the Buffalo Niagara economy. Visitors to Western New York generated $2.7 billion in spending in 2021, according to an Oxford Economics Company report. Now more than ever, our hospitality and tourism sector is essential to the region’s success.