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New York Sets 2030 Target for 6GW of Additional Energy Storage

The state of New York is set to increase its energy-storage capacity by 6 gigawatts, roughly 20% of its peak electric power load, by the end of the decade. A recent statement from New York Governor Kathy Hochul revealed that the state’s Public Service Commission has approved a plan to add a whopping 6 gigawatts to New York’s energy capacity via a framework of comprehensive recommendations.

According to the governor’s office, the framework will help the state expand its energy-storage plans, induce rapid renewable energy growth and increase grid reliability as well as customer resilience, all while maintaining cost effectiveness. The state-approved plan will ultimately support the deployment of…

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NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF

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