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University at Albany East
Campus Slated for Energy Upgrade
Contact
Connie
Cullen
(914) 390-8196
connie.cullen@nypa.gov
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July 26, 2005
FOR IMMEDIATE RELEASE
MASSENA-The New York Power Authority (NYPA)
trustees Tuesday approved an up-to $2-million energy efficiency project
to lower the energy costs of a research park in Rensselaer County
operated by the University at Albany Foundation, for an anticipated
savings of more than $200,000 a year.
The project will be undertaken at the foundation’s
main laboratory building and biotech business incubator, and the energy
plant building housing its boilers and chillers. The two buildings are
part of the East Campus biotechnology research park in East Greenbush
where about 200 students from the University at Albany attend classes,
and high-tech, start-up companies are provided a supportive venue to
promote their success and growth.
“The upgrades are in keeping with other projects
the Power Authority has undertaken over the years at the University at
Albany that have lowered the college’s annual energy bills by more than
half a million dollars, and greenhouse gas emissions by thousands of
tons a year,” said Joseph J. Seymour, NYPA chairman. “We’re looking
forward to reducing the energy costs of the East Campus biotechnology
research park, supporting the dynamic interactions between faculty and
students and researchers at the high-tech companies.”
The University at Albany Foundation is a
not-for-profit corporation that encourages philanthropic contributions
in support of activities and programs for the University at Albany. Its
94-acre research park is located at the former Sterling Winthrop
complex, and is a designated New York State Empire Economic Development
Zone, qualifying its tenants for tax credits and other incentives for
encouraging business investments.
“The energy efficiency project that the Power
Authority is planning will go a long way toward lowering energy costs at
the East Campus,” said Dr. Sorrell E. Chesin, Executive Director of the
University at Albany Foundation. “In doing so, it will contribute to our
efforts under Governor Pataki to promote the growth of jobs in the
Capital Region.”
The energy-efficiency measures planned by NYPA
include upgrading the energy plant’s four boilers for multiple fuel
flexibility; replacing outdated light fixtures with new ones that use up
to 30 percent less electricity; installing occupancy sensors; and
modernizing heating, ventilating and air-conditions systems. In
addition, the Power Authority will also oversee removal of
PCB-containing ballasts, lead paint, and asbestos in project work areas.
NYPA will provide all the financing for the
project, which it expects to begin this fall and complete by early next
year. It will recover its costs by sharing in the energy savings, after
which the University at Albany Foundation will keep all future savings.
To date, NYPA has undertaken more than 1,400
energy-efficiency projects statewide at about 2,300 facilities. They’ve
led to annual energy savings to tax-support public facilities of more
than $90 million, the lowering of electricity use by about 190,000
kilowatts, and reduction of greenhouse gas emissions by about 705,000
tons.
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