Energy storage to create 11,400 NY jobs

The New York Battery and Energy Storage Technology Consortium (NY-BEST), has released an Economic Impact Study and Roadmap for Energy Storage in New York State, which suggests the sector could grow by 10,000 to 11,400 new jobs in New York by 2020 and 30,000 to 43,000 new jobs by 2030.

The study found that New York’s energy storage industry currently employs approximately 3,000 and is responsible for more than US$600 million in annual global sales. It calculated the expected growth by focusing primarily on potential in electric grid applications and transportation.

As a result of the study, NY-BEST has prepared a roadmap which aims to establish robust local energy storage markets, create “value chain clusters” of companies to service manufacturers and stimulate the commercialisation of advanced technologies.

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