The state has launched a $50 million initiative to transform existing commercial high-rise buildings and multifamily buildings to substantially reduce the carbon footprint of these structures.
\nThe challenge will advance low-carbon retrofit approaches resulting in heating and cooling solutions that will increase the comfort, sustainability, and energy performance of the state\u2019s existing high-rise buildings, a significant contributor to greenhouse gas emissions, state officials said.
\nBuildings currently account for 45 percent of greenhouse gas emissions from fuel combustion and electric generation, officials said.
\n\u201cNew York is committed to reducing greenhouse gas emissions and developing renewable energy resources that will grow our economy and advance our nation-leading plan to fight climate change,\u201d Gov. Andrew Cuomo said. \u201cThe Empire Building Challenge leverages public-private partnerships with leading industry experts and helps New York to continue its rich legacy of environmental stewardship in order to protect our natural resources for future generations.\u201d
\nThrough a comprehensive retrofitting process, infrastructure in existing buildings will be replaced with more energy efficient heating and cooling technologies and solutions, spurring new jobs and significant economic activity. According to a 2019 analysis by Urban Green Council, if all buildings choose efficiency to meet their carbon goals, the retrofit market opportunity in New York City could be over $20 billion by 2030 while creating over 100,000 jobs by 2030.
\nIncreased energy efficiency can be achieved through window, door and wall insulation, energy efficient appliances, replacement of inefficient duct work, furnaces and boilers, and incorporation of clean energy technologies, such as heat pumps.
\nOfficials said the Empire Building Challenge seeks to attract best-in-class manufacturers, solution providers, and entrepreneurs from around the world to help build the green economy in New York state and provide successful low-carbon demonstrations that set the standard for the next decade of real estate investment in energy efficiency, sustainability, and healthy indoor environments
\nActing President and CEO, NYSERDA Doreen M. Harris said the challenge \u201clays the groundwork for the real estate community, developers and solution providers to work together in making New York a hub for successful building retrofits while accelerating our state toward our ambitious goal of a completely carbon-neutral building stock. This collaborative effort is a tremendous step forward in addressing the challenge of reducing greenhouse gas emissions in high-rise buildings and will provide new approaches that the global building industry can adopt and scale up into the future.\u201d
\nThe Empire Building Challenge will seek commitments from building owners to carbon neutrality and will make available up to $50 million through three phases of deployment as well as a technology prize.
\nPhase one and phase two will offer $27 million for the following:
\n\u2022 Building owners and large commercial office tenants will submit an eligibility request to partner with NYSERDA on the Empire Building Challenge to be designated as a prospective Empire Building Partner.
\n\u2022 Owners of affordable multi-family buildings will be eligible for additional scoring points during the selection process.
\nApplications are due by Oct. 22, with selections expected to be announced by the end of 2020.
\nOnly owners and tenants who commit to making one or more buildings carbon neutral will be eligible for funding.
\nPartners selected through the process above will be eligible to work with solution providers and submit a proposal that includes a high replicable low-carbon retrofit solution for addressing the one or more major challenges of decarbonizing high-rise buildings.
\nAs part of the competitive selection process, proposals will be evaluated based on a project\u2019s scalability and feasibility in addressing the major challenges of decarbonizing high-rise buildings.
\nProposals will also be evaluated based on the building owner\u2019s willingness and ability to implement solutions across their portfolio of buildings.
\nWinning proposals will be eligible for up to $5 million each to support project development and implementation.
\nFunds that may remain from phase one will be used for a second phase of partner and project identification in support of the program goals.<\/p>\n","protected":false},"excerpt":{"rendered":"
The state has launched a $50 million initiative to transform existing commercial high-rise buildings and multifamily buildings to substantially reduce the carbon footprint of these structures. The challenge will advance low-carbon retrofit approaches resulting in heating and cooling solutions that will increase the comfort, sustainability, and energy performance of the state\u2019s existing high-rise buildings, a […]<\/p>\n","protected":false},"author":196,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-35366","post","type-post","status-publish","format-standard","hentry","category-commercial-residential-real-estate"],"yoast_head":"\r\n