Join us on Monday, November 18, from 10:00 a.m. – 12:00 p.m. for an informative and engaging webinar on the known zero emissions sources that will power New York’s clean energy future and the financial realities of reaching net zero. Building upon Governor Kathy Hochul’s “Future Energy Economy Summit” held in September, this webinar will shed some light on what next steps are for the State.
Featured speakers:
· David Cohn, Vice President, Sargent & Lundy
· Eric Cohen, Head of Green Economy Banking and Renewable Energy, North America, JPMorgan Chase
IPPNY continues to support New York’s clean energy transition, and significant amounts of zero emissions technologies must be part of the equation for the State to reach its aggressive CLCPA mandates. That said, there are numerous questions still to be answered, such as: what qualifies as a zero emissions source? And, how will these technologies be paid for? IPPNY has been a leader in this arena, urging the State to answer these questions so that private investment can begin to propel New York towards its climate mandates.
In 2021, IPPNY submitted a petition to the Public Service Commission (PSC) asking for the agency to designate technologies that will qualify as zero emission sources under the CLCPA. In addition, the coalition requested that a program be established to identify and develop at least 1 GW of these technologies. This petition led the PSC to hold a comment period to determine what should qualify as zero emissions, as well as to set up a technical conference. IPPNY participated in this process, with accompanying testimony by Sargent & Lundy, by providing solutions that have been shown to work, while leaving the door open to new technological advancements. Mr. David Cohn will expand on these resources and discuss the feasibility of bringing them onto our grid.
The possible technological solutions provided by IPPNY and Sargent & Lundy are just one piece of the puzzle, with another being how these new resources will be funded. Mr. Eric Cohen will tackle the financial aspect of the equation and discuss how New York can accelerate future energy generation deployment during its grid in transition. He participated in the Governor’s Summit in September to discuss renewable energy in New York. On his panel, Mr. Cohen noted the important need for action that can be capitalized on, aligning with IPPNY’s ongoing efforts with the PSC. His work as the head of JPMorgan Chase’s Green Economy Banking North America division is a driver of a clean energy transition, working to serve companies that are advancing decarbonization by providing financial expertise and long-term sustainability.
Registration for the webinar is now open! For more information, please email jordan.lomaestro@ippny.org.
David Cohn
Sargent & Lundy
Vice President
David Cohn directs Owner’s Engineering efforts for thermal, solar wind, desalination, hydrogen, and
ammonia projects from the feasibility stage through construction completion.
He also has direct operating experience in large central station power plants. His operating experience
includes solid-fuel fired, combined-cycle, hydroelectric, and diesel engine power plants. He is
familiar with both technical and economic aspects of electric transmission systems, as well as natural gas and liquid hydrocarbon pipeline systems.
Mr. Cohn directs economic and financial evaluations of utility and independent power supply systems,
including new generating technologies, plant upgrades, clean air technologies, bid evaluations, and
financing alternatives. He performs independent engineer reviews of project performance, budgets, and
contracts, including assessment of project construction, operation, fuel supply, and market risks. He is
knowledgeable with the key elements of project finance and development.
Eric Cohen
JPMorgan Chase
Head of Green Economy Banking and Renewable Energy, North America
Eric Cohen is a Managing Director and the Head of Green Economy Banking for JPMorgan Chase Global Corporate Banking and Commercial Banking. He leads a national team of bankers and drives Global Corporate Banking and Commercial Banking’s strategy for serving clients that are advancing decarbonization through transformative technologies. Mr. Cohen has more than a decade of experience in renewable energy finance and was previously managing director and co-lead of the Sustainable Financing & Climate Strategy Council at Fifth Third Bank.
