ALTERNATIVE ENERGY & NYC Local Law 97 Compliance
Electrification poses many challanges: Lack of on-demand distributed energy resources, inadequate grid capacity, and capital cost of replacing existing gas & oil fired equipment. For example, NY Con Edison requested $1.2 billion in rate increases to deliver electricity to its customers (17%+ average increase in delivery charges), with a promise of many more increases to come, in order to pay to upgrade the grid for 'electrification'.
Electrification projects are leaving commercial and industrial customers with rapidly increasing rates and potentially less reliability in delivering power. For customers under Local Law 97, which mandates strict carbon-footprint limit starting in year 2024, the effects are onerous: Forcing customers to 'electrify' while removing the greatest source of carbon-free electricity which supplied up to 35% of New York City's power needs.
RIED can help you develop a solid plan to deal with electrification, avoid / reduce Local Law 97 fines, meet environmental goals, and harden your facility to potential future interruptions in the supply of energy. RIED will perform a detailed review of your facility's physical plant, energy consumption, and operation details; providing in return a detailed list of options and recommendations complete with both a technical and economic analysis.
Two sample potential solutions below:
On-site energy generation - cogen integration
Using a facility(s) waste stream to provide non-incineration on-site heat & power. The renewable bio-mass portion of the waste stream can generate Renewable Energy Credits (NY). The process meets or exceeds environmental emission regulations and reduces or eliminates the need for landfills.
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Advanced recycling plant (arp)
Using waste stream to produce low / cabon negative fuels that can be used directly to power a facility or used to generate carbon credits to offset a facility's carbon footprint.
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