This error is really driving me crazy. (Terminal running in administrator mode)
Initialization of azure storage emulator in sql server 2014:
C:\\Prog
The issue maybe port 10000 is being occupied. Storage emulator runs on port 10000. So you need to kill that process. On windows, open cmd as admin and run following commands.
First find the process occupying port 10000
netstat -ano | findstr :10000
kill the process
taskkill /PID /F
Now try starting emulator again.