New York City is leading a significant shift in climate investment by implementing a Net Zero plan for public pensions. This includes divesting from fossil fuels and investing heavily in solutions like battery farms. NineDot Energy operates a facility in the Bronx that provides energy storage, helping to stabilize the grid and reduce emissions. The city's energy grid primarily relies on fossil fuels. As this transition progresses, battery technology can become essential in balancing energy supply from renewable sources and meeting urban demand.
"A battery helps mediate that process. It pulls in the extra power when it's available, and then puts it back out when people call for it."
"Last summer, the battery farm was called half a dozen times, which was enough to reduce greenhouse gas emissions by a combined 24 metric tons."
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