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New Fuel for New York Summit

January 15, 2021

New Fuel for New York (3)

On Thursday, January 28th, businesses from across New York will come together to discuss the future of Green Hydrogen and its potential as a clean energy solution.

New York State continues to lead the nation as the center of the transition to a zero-emissions energy system. While electrification, executed in tandem with a significant expansion of renewable energy resources, has the potential to drastically reduce greenhouse-gas emissions, certain sectors of the economy may not be able to fully electrify. These more challenging sectors include manufacturing, heavy transportation, and long duration energy storage. “Green Hydrogen is attractive because of its versatility,” said Sean Ewart, Director of Regulatory Affairs for Luthin Associates and host of the New Fuel for New York Summit. “Unlike other technologies, Green Hydrogen can be stored for long periods of time and used in a host of applications that might otherwise still require fossil fuels.”

Green Hydrogen, hydrogen produced exclusively using renewable energy, currently makes up a small percentage of the hydrogen used across the world. However, efforts to create a Green Hydrogen industry are being made in New York that could create jobs, improve energy resiliency and reliability, and reduce carbon emissions.

The event will feature Plug Power, Bloom Energy, Liberty Utilities, Cogentrix Energy, and Danskammer Energy.

“This is an exciting time in the history of New York,” said Catherine Luthin, President and Founder of Luthin Associates. “Green Hydrogen is a technology with great potential to deliver reduced greenhouse-gas emissions while increasing reliability at the consumer level.”

“Hydrogen plays an unequivocally pivotal role in creating a zero carbon future,” said Venkat Venkataraman, Executive Vice President and Chief Technology Officer at Bloom Energy. “More than 60 countries have committed to net-zero emissions of greenhouse gases, and nearly all of the largest utilities in the US have pledged to fully or significantly decarbonize by 2050. Bloom Energy shipped its first commercial hydrogen-powered fuel cells last year and will ship electrolyzers that produce renewable hydrogen this year - invaluable resources that will help to fully decarbonize our global energy system.”

Trish Walker, Director in Business Development for the East Region at Liberty Utilities, said, “De-carbonization across all sectors is critical in meeting New York’s climate goals and Green Hydrogen is a component that can make a clear and substantial impact. Liberty is proud to be part of this conversation.”

Bill Reid, President and CEO of Danskammer Energy, said, “Green hydrogen not only helps reduce emissions and supports New York’s climate goals, but it is also dispatchable and can support intermittent renewable energy sources. We are excited to be part of New York’s efforts to grow this innovative technology.”

The full list of presenters is:

Andy Marsh, President and CEO of Plug Power.

Venkat Venkataraman, Executive Vice President of Engineering and Chief Technology Officer at Bloom Energy.

Christopher Sherman, Vice President of Regulatory Affairs at Cogentrix Energy Power Management.

Trish Walker, Director in Business Development for the East Region at Liberty Utilities.

Bill Reid, President and Chief Executive Officer of Danskammer Energy, LLC.

Additionally, Vincent Albanese, Director of Policy and Public Affairs at the NYS Laborers’ Organizing Fund & PAC, will give opening remarks.


LINK TO EVENT REGISTRATION

NFFNY Agenda Sponsor

5

Written by 5

Founded in 2011, 5 comprises a team of energy innovators, commodity traders, analysts, engineers, and former energy supplier executives. Together, they serve a broad array of private and public sector clients throughout the United States and Mexico, providing strategic advice on energy-related matters including procurement, demand-side management, rate optimization, regulatory intervention, benchmarking, bill auditing, RFP management, sustainability planning services, renewable power, and distributed generation. With an eye on growth, 5 has initiated a number of strategic partnerships and acquisitions, including the 2019 acquisition of Luthin Associates. 5 has been named to the Inc. 5000 list of fastest-growing companies in the U.S. for five consecutive years. The firm has also received numerous accolades and national awards for its corporate culture, leadership and innovation, including 5 consecutive years as a top 10 Best Company to Work for in Texas according to Texas Monthly Magazine.