A $7.5m investment for an energy conservation improvement project at New York’s JFK International Airport has been approved by the Port Authority of New York and New Jersey (PANYNJ).
Expected to begin later this year, the project will reduce annual operating costs by approximately $700,000 and is expected to yield approximately 2,000mt of carbon dioxide equivalent (CO2e).
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PANYNJ executive director Pat Foye said the authority is focussed on increasing energy efficiency and reducing emissions at its facilities.
"These improvements are not only a cost-effective method for reducing air pollutants, but also saves $10.5m in energy and material costs over a 15-year guarantee period, reduces maintenance costs by approximately $3m, creates more than 60 jobs at the airport and generates $10.6m in economic activity over the life of the project," Foye said.
Each improvement features a specific monitoring and verification plan that follows industry protocol for energy consumption reductions.
The project will be implemented through PANYNJ’s Multi-Facility Guaranteed Energy Savings Programme, which has already invested $31m on multiple energy-saving projects.
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By GlobalData
