The Business Journals - Week of March 14, 2022

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AWARD WINNING EDITORIAL

INCLUDING THE HUDSON VALLEY MARCH 14, 2022 VOL. 58, No. 11

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Gerstner Center main entrance. Photo by Peter Katz.

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LESSONS LEARNED AT A CONFERENCE AND LEARNING CENTER

BY PETER KATZ

Pkatz@westfairinc.com

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Westchester learning and conference center managed by FLIK Hospitality Conference Centers and Hotels is seeing increased levels of activity with the easing

BY JUSTIN MCGOWN

in Armonk in honor of Gerstner who served as company president and CEO from 1993 to 2002. The center, built in the late 1970s, had undergone a significant renovation and continued to be used as a key facility in IBM’s estimated $400-million annual training and

development programs for its workforce. Fast forward to 2022, and the Gerstner Center finds itself strategically positioned in the hospitality and business conference center industry through serving the needs of select outside businesses and

organizations as well as IBM. About 60% of the center’s usage is by IBM and the remaining 40% is by others. The managing entity, FLIK, is headquartered in Rye Brook and is part of Compass Group North America. Based in Charlotte, NC,

LESSONS LEARNED

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Power storage solutions as the key to wider cleantech adoption

jmcgown@westfairinc.com

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of the pandemic. That center is the Louis V. Gerstner IBM Center for Learning, located on a 26-acre section of IBM’s 440-acre campus in Armonk and has as its address 20 Old Post Road. On Oct. 1, 2018, IBM renamed the learning center on its campus

n March 1, the first of a series of free public webinars about Connecticut’s efforts to modernize the electric grid was hosted as a collaboration between the Clean Energy Group and the Connecticut Green Bank. The focus was mainly on the devel-

opment of power storage solutions, primarily in the form of batteries, and the design of an incentive structure to promote their adoption. Power storage solutions are an important part of plans to decarbonize the electrical grid because renewable energy sources such as solar and wind power are intermittent and rely on specific weather

environments to produce power. On Jan. 1, Connecticut’s Public Utilities Regulatory Authority (PURA) launched its Energy Storage Solutions program with a mission to install 580 megawatts (MW) of storage capacity in homes and businesses over the next nine years. PURA is also seeking to install 50 MW of storage capacity to industrial and commercial facilities

by 2024, to be followed by 100 MW between 2025 and 2027 and an additional 140 MW by 2030. To encourage that growth, PURA examined several different incentive structures to promote battery installation and is leaning towards a two-prong approach that will encourage both adoption and continued use of the technology.

The Energy Storage Solutions program’s upfront incentive for businesses is a lump sum of $100 to $200 per kilowatt hour (kWh) of capacity installed, according to Josh Ryor, PURA’s director. The rates for residential installation are pegged at $200 per kWh. That means that a popular option such as the Tesla Powerwall (an inte-

CLEANTECH ADOPTION

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