As New York State charts an ambitious path toward a cleaner, more resilient, and more innovative energy future, Broome Tech Park is positioned to support that transformation. The newly adopted 2025 State Energy Plan outlines a statewide strategy focused on delivering abundant, reliable, affordable, and clean energy while supporting economic development and equity. These goals align with the vision behind Broome Tech Park: a development‑ready site designed to attract forward‑thinking companies and strengthen the region’s economic competitiveness.
Delivering Abundant, Reliable, and Clean Energy
The State Energy Plan emphasizes the need for an energy system that is resilient, reliable, and clean. Broome Tech Park’s infrastructure and location make it well‑suited for companies that prioritize sustainability and energy efficiency, offering a foundation that aligns with New York’s long‑term clean energy goals.
New York maintains one of the most reliable electric grids in the nation, with the average customer experiencing fewer than one outage per year. This reliability is supported by strong planning, diverse energy resources, and major infrastructure investments such as the Champlain Hudson Power Express transmission line.
The State also prioritizes cross‑sector energy security and emergency preparedness, recognizing that electricity, natural gas, and petroleum systems are critical infrastructure. A diverse fuel mix helps protect New Yorkers from supply disruptions and price shocks — a stability that can benefit businesses considering Broome Tech Park as a future location.
Supporting Innovation and Economic Growth
Innovation is a central theme of the 2025 Energy Plan, and Broome Tech Park is positioned to support companies working in next‑generation manufacturing, clean‑tech development, and other emerging industries. The Plan calls for advancing new technologies, strengthening the grid, and fostering economic competitiveness — all areas where the Park could serve as a strategic location for future investment.
New York’s energy system is broad and dynamic: as of 2023, the electric power and transportation sectors each consumed about one‑third of the state’s primary energy, while residential and commercial buildings together accounted for 57% of total energy use when electricity is included. This diverse demand profile underscores the need for innovation across multiple sectors, creating opportunities for companies that may choose to locate at Broome Tech Park.
Fueling Job Growth and Workforce Opportunity
New York’s transition to cleaner energy is projected to add more than 80,000 net jobs between 2025 and 2040 — a 17% increase across the electricity, buildings, transportation, and fuels sectors.
The electricity and buildings sectors are expected to see the strongest growth, driven by investments in clean generation and building decarbonization. Construction is projected to add 58,000 jobs, while manufacturing grows by 25%. Even in sectors with declining demand, such as fuels and traditional transportation, the State plans to support workers through retraining and pathways into high‑quality clean energy jobs.
This statewide job growth complements Broome Tech Park’s potential to attract employers who contribute to long‑term regional workforce development.
Promoting Affordability and Equity
A major focus of the State Energy Plan is ensuring that energy remains affordable and equitable for all New Yorkers. Broome Tech Park could support this mission by offering development opportunities that can expand the local tax base and strengthen the economic health of Broome County.
The Energy Affordability Analysis shows that efficient equipment and electrification can reduce household energy spending by $100–$300 per month by 2031. New Yorkers already spend $700 less per year on energy than the national average, and the State has the second‑lowest per‑capita energy expenditures in the country. These savings are driven by proactive policies that promote efficiency, clean energy, and lower‑cost technologies.
Affordability challenges persist — especially for low‑ and moderate‑income households — making local economic development and energy‑efficient infrastructure increasingly important.
Advancing a Clean Energy Economy
New York’s long‑term outlook through 2040 includes aggressive decarbonization targets and a commitment to transitioning toward a clean energy economy. Broome Tech Park is well‑positioned to attract companies that may be part of this shift, including renewable energy suppliers, green manufacturers, and sustainable logistics operations.
Nearly half of New York’s in‑state electricity generation already comes from zero‑emission sources, including renewables and nuclear. Looking ahead, in‑state renewable generation could increase by nearly 90% between 2025 and 2035. Major projects — including South Fork Wind, Empire Wind 1, Sunrise Wind, and the Champlain Hudson Power Express — are reshaping the State’s clean energy landscape.
By 2040, a significant share of vehicles and homes could transition to efficient or electrified technologies, creating new markets and supply chains that companies at Broome Tech Park may be able to serve.
Prepared for a Changing Energy Landscape
The 2025 Energy Plan acknowledges that the energy sector faces significant uncertainty — from evolving technologies to shifting market demands. Broome Tech Park offers the flexibility and readiness needed for companies navigating this landscape. With shovel‑ready sites, adaptable planning, and access to regional partners, the Park provides a strong foundation for businesses considering long‑term investment in a rapidly changing energy environment.
New York’s diverse fuel mix — still roughly 75% fossil fuels today — and the fact that 63% of primary energy is lost during conversion highlight the scale of the transition ahead. Reducing these losses through electrification, efficiency, and innovation will require new technologies, new businesses, and new infrastructure. Broome Tech Park is positioned to support companies working on these solutions.
Statewide, clean energy investments are projected to deliver strong net societal benefits: $4 billion in incremental spending in 2030 yields $10 billion in benefits, and by 2040, $20 billion in spending yields $38 billion in benefits.
Broome Tech Park is poised to as a path for companies the opportunity to be part of this transformation — contributing to a cleaner, more resilient, and more prosperous future for New York State.