july 18, 2013 david gilford, assistant director
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Energy and Climate Change Action Lab: The New York City Perspective. July 18, 2013 David Gilford, Assistant Director. Energy and Climate Change Action Lab: The New York City Perspective Overview. Objectives for NYC Economic development Sustainability Policies for sustainability PlaNYC - PowerPoint PPT PresentationTRANSCRIPT
July 18, 2013David Gilford, Assistant Director
Energy and Climate Change Action Lab: The New York City Perspective
NYC ECONOMIC DEVELOPMENT CORPORATION
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Energy and Climate Change Action Lab: The New York City PerspectiveOverview
Objectives for NYC- Economic development- Sustainability
Policies for sustainability- PlaNYC- Greener, Greater Buildings Plan
Beyond policy: stimulating innovation and adoption- Open Data and Competitions- Energy Aligned Clause
Topics for discussion
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NYCEDC’s Objectives in Clean Technology and EnergyLinking sustainability and economic growth
Credit: NYC Mayor’s Office of Long-term Planning and Sustainability
Growth in employment, companies and investment while:
increasing energy efficiency,
expanding the production of clean energy,
reducing greenhouse gas emissions, waste and pollution, and
conserving water and other natural resources.
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New York City’s Sustainability ObjectivesPlaNYC has 10 categories of goals for 2030, through 132 initiatives
Neighborhoods and HousingCreates homes for almost a million more New Yorkers while making housing and neighborhoods more affordable and sustainable
Parks and Public SpaceEnsures that all New Yorkers live within a ten-minute walk of a park
BrownfieldsCleans up all contaminated land in New York City
WaterwaysImproves the quality of New York City’s waterways to increase opportunities for recreation and restore coastal ecosystems
Water SupplyEnsures the high quality and reliability of the water supply system
Climate ChangeReduce greenhouse gas emissions by more than 30% and increase the resilience of communities, natural systems, and infrastructure to climate risks
TransportationExpand sustainable transportation choices and ensure the reliability and quality of the transportation network
EnergyReduce energy consumption and make energy systems cleaner and more reliable
Air QualityAchieve the cleanest air quality of any large U.S. city
Solid WasteDivert 75% of solid waste from landfills
PlaNYC is estimated to create 7,666 direct jobs annually through 2030
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New York City has:
~1 million buildings
15,000 properties 50k ft2 or larger, which is less than 2% of all buildings
45% of energy used citywide is in large buildings
Policies for SustainabilityEnergy efficiency in large buildings is critical to NYC
Source: NYC Mayor’s Office
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Greener, Greater Buildings Plan (GGBP) Will reduce almost 5% of citywide GHG emissions www.nyc.gov/ggbp
NYC Green Codes Task Force 111 proposals to green local codes, with 51
reducing energy use in buildings www.nyc.gov/gctf
30 x 17,Mayor’s CarbonChallenges to Hospitals & Universities
30x17 and Mayor’s Carbon Challenges Targeted sectors “challenged” to achieve 30%
GHG emissions reduction in 10 years www.nyc.gov/html/gbee/html/public/ghg.shtml www.nyc.gov/carbonchallenge
Policies for SustainabilityPlaNYC launched 3 major energy efficiency initiatives
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Beyond Policy: Open Data and CompetitionsEnergy data challenges and “hackathons” are cost-effective yet powerful tools
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Beyond Policy: Energy Aligned ClauseIncentives are often misaligned, preventing investment in retrofits
Problem: In typical leases, savings from energy retrofits are passed through to the tenants, so:
It is not in the owners’ immediate interest to invest capital in improvements.
Thus savings and other benefits are left on the floor.
60% of commercial landlords surveyed in NYC say split incentives inhibit them from undertaking energy retrofits.
Goal: Create conditions so both commercial building owners and tenants can benefit financially from base-building energy retrofits
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Beyond Policy: Energy Aligned ClauseBuilding a “win-win-win” solution
The EAC, an overview, and the financial model are available at www.nyc.gov/eac.
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Questions for Discussion
What are the key barriers to greater investment in energy efficiency? Financial? Informational? Regulatory? Others?
Is the availability of financing a major issue?
How is the split incentive problem being addressed elsewhere?
How do companies evaluate the uncertainty in projections of savings and payback periods?
What role can data and analytics play in improving decision-making?
Is the NYC experience unique? What factors vary at the city, regional or national level?
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Thank You
David GilfordAssistant Director, NYCEDC
www.nycedc.com/cleantech
Twitter: @dgilford and @nycedc