Clean Energy Economy

Powering a Greener Future for New York

New York’s clean energy economy encompasses multiple sectors, including renewable energy, energy efficiency, clean transportation, grid modernization and storage, and renewable fuels. Our nation-leading climate policies continue to drive investment and job creation across these clean energy sectors.

New York State is actively establishing itself as a hub for clean energy innovation and research, attracting investment for the advancement of cutting-edge technologies at our academic institutions and industry research centers. These activities, plus forthcoming investment from the State and federal programs, position New York to build a supply chain for clean energy equipment and technologies and add hundreds of thousands of family-sustaining jobs over the coming years.

From manufacturing to research and development, and heat pump installers to offshore wind technicians, New Yorkers power the clean energy economy.

How We’re Driving Clean Energy Job Growth and Investment

Building a thriving clean energy industry requires growing our workforce through training and education and investing in innovation to create new low-carbon technologies. It also means increasing the use of existing clean energy solutions like heat pumps and electric vehicles to transform how New Yorkers heat and cool their homes and get from A to B.

To achieve this goal, NYSERDA is working with State agency partners, labor unions, technical schools, universities, clean energy companies, and community organizations.

Here’s how:

• Increasing clean energy jobs for New Yorkers by leveraging private sector, state, and federal investment to attract clean energy industry and innovation to New York.
• Providing workforce development and training programs to increase the training opportunities and human resources needed to grow New York’s clean energy economy, especially for historically disadvantaged populations and workers affected by the transition away from fossil fuels.
• Supporting family-sustaining jobs and New York businesses through prevailing wage agreements for clean energy projects and prioritization of minority and women owned business enterprises and service-disabled veterans’ businesses.
• Driving demand for clean energy solutions to attract clean energy companies from all ends of the global supply chain looking to serve the growing clean energy market, supported by proactive cross-agency attraction efforts.
• Fostering investment and support commercialization of products, services, and business models from clean energy startups and maturing companies.
• Delivering assistance to energy startups and innovators, leveraging support from federal investment and future federal incentives to advance clean energy innovation.
• Encouraging greater private sector investment and business models through new, substantial commitments of capital in the clean energy economy.
• Leveraging NYSERDA’s position to act in a critical role as a regional clean energy leader among states and within New York State, while helping unlock the benefit of federal programs to accelerate job and economic growth in New York.

Achieving a Robust Clean Energy Economy

Our growing clean energy economy will provide opportunities for businesses and workers in every community. Training and education initiatives will prepare our existing and emerging workforce for quality jobs that deliver clean energy solutions to meet the goals of the Climate Act.

New York will continue mobilizing private capital via the NY Green Bank and leveraging federal funds to spur clean energy innovation.

This investment will solidify New York as a leading market for clean energy business growth and supply chain localization. This will include regional specialization, such as the Southern Tier emerging as one of the nation’s battery manufacturing and research hub.

Our Progress

We’re building a robust clean energy economy to benefit all New Yorkers. Expanding our clean energy workforce and garnering investment is essential to implementing existing solutions and developing new technologies to meet the challenges posed by climate change.

Our progress will be measured by clean energy industry job growth and the number of New Yorkers, particularly from historically disadvantaged populations, trained and employed in clean energy. The development of commercialized climate solutions and capital invested in clean energy, especially in Disadvantaged Communities, is also paramount to our success.

Other indicators of our progress can be found on New York’s Clean Energy Dashboard.