Renewable energy projects are striving to move forward with project development despite challenges. Projects are slower in getting built due to global and national factors, such as high interest rates and inflation, unprecedented supply chain bottlenecks, and cuts to Federal funding and work stoppages. Within our state, projects face lengthy timelines for siting and permits. haphazard renewable energy credit procurements and award announcements inadequacies in the transition system and interconnection, and local opposition from communities concerned about land use. aesthetics, and other factors.
These challenges have created a high level of uncertainty for renewable project development, importantly as a time when the State remains dedicated to making progress toward the Climate Leadership and Community Protection Act's targets in the context of the all-of-the-above approach of the recently adopted New York State Energy Plan.
The panel will discuss how to move forward with renewable project development, while managing factors such as risk, communicating the ongoing importance of renewables projects, reliability, litigation job impacts, and project financing.