New York Seeks $200M for Thermal Energy Networks to Enhance Power Grid Efficiency
Labor leaders and state lawmakers in New York are advocating for $200 million in the upcoming state budget to develop thermal energy networks (TENs) that utilize water source heat pumps for heating and cooling. The Upgrade NY coalition requests $74 million for low-income community upgrades and $126 million for TEN projects at five SUNY campuses, aiming to reduce utility bills and strain on the power grid while creating jobs for union pipe workers.
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New York lawmakers are pushing for $200 million to implement thermal energy networks (TENs) using water source heat pumps, which offer efficiencies of 300% to 600%. The Upgrade NY coalition seeks $74 million for upgrades in low-income areas and $126 million for projects at five SUNY campuses, including $25 million for Farmingdale State College.
This initiative aims to lower utility bills, lessen grid strain, and create jobs. Utility companies are already developing test projects, such as a $6 million TEN in Syracuse. Funding for TENs is part of the 2022 Utility Thermal Energy Network and Jobs Act, which mandates clean energy systems in neighborhoods.
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