New York Battery and Energy Storage
Technology Consortium, Inc.
BOARD OF DIRECTORS
Chair – Michael Field
President of Operations and Engineering Division,
Raymond Corporation
Catherine Hill
Partner
CooperHill, LLP
M. Stanley Whittingham
Director, Institute for Materials Research
Binghamton University
Paul F. Mutolo
Director of External Partnerships
Energy Materials Center, Cornell University
Richard Fioravanti
Director of Storage Applications and Support
KEMA, Inc.
Glen Merfeld
Manager, Chemical Energy Systems Laboratory
GE Global Research
Jim Misewich
Associate Laboratory Director
Brookhaven National Laboratory
Francis J. Murray, Jr.
President & CEO
New York State Energy Research and
Development Authority (NYSERDA)
Brian Perusse
Director of Business Development
AES Energy Storage
Edward Reinfurt
Executive Director
New York State Foundation for Science,
Technology and Innovation (NYSTAR)
Wolf W. von Maltzahn
Associate VP for Research
Rensselaer Polytechnic Institute
Barry Watkins
Deputy Director for Business Development
Center for Advanced Ceramic Technology
Alfred University
Robert Mendenhall
VP Business Development and Research
American Aerogel Corporation
Fernando Gomez Baquero
Chief Executive Officer
B.E.S.S. Technologies
Esther Takeuchi
SUNY Distinguished Professor
Stony Brook University
Victor Cardona
Partner
Heslin Rothenberg Farley & Mesiti PC
Contact: Rebecca Marino
Capitol Hill Management Services
(518)463-8644
MEMO OF SUPPORT
SENATE BILL 2522 (Maziarz)/ ASSEMBLY BILL 5060 (Englebright)
Qualified solar and energy storage manufacturer facilities and
operations credit
The New York Battery and Energy Storage Technology Consortium
strongly supports the qualified solar and energy storage manufacturers
and operations credit. This proposal will provide a tax credit to eligible
companies of 20% on research and development and manufacturing
property and a 10% credit for qualified research and development
expenses.
Our member companies and testing laboratories will benefit from this
tax credit which will encourage the development of the energy storage
sector in New York. We are uniquely qualified to host and lead the
energy storage industry. Major market studies have identified New
York as the national leader in several important energy-storage
industry sub-clusters including batteries, fuel cells and electronic
capacitors.
Current markets for energy storage systems and devices represent a
$60 billion annual market that is experiencing double digit growth and
still accelerating. This credit will allow companies and laboratories in
New York to grow the market and create jobs.
Energy storage will be a critical component in achieving the State’s
energy goals and transforming the State’s economy to one that is
fueled by renewable and clean energy sources.
The New York Battery and Energy Storage Technology (NY‐BEST)
Consortium was incorporated in January 2010 as a New York State
not‐for‐profit corporation to help position New York as a global leader
in energy storage technology for transportation, electric grid, and
other applications. NY‐BEST seeks to build the battery and energy
storage industry in New York by providing members with access to
testing and characterization capabilities, driving economic
development initiatives, promoting commercialization activities,
supporting networking and technology transfer, and providing research
and development assistance. We bring together industry, university
and government partners. Our members represent all facets of the
energy and energy storage industries and span every region of the
State and beyond. Members include companies ranging from small
entrepreneurial ventures to large global corporations such as General
Motors and General Electric, as well as leading research universities.
NY-BEST -1450 Western Avenue, Suite 101-Albany, New York 12203
www.ny-best.org - info@ny-best.org