A national coalition of UtilityAPI, Allectrify, and Sustainable Real Estate Solutions (SRS) and four nonprofit green banks, launched the Building Decarbonization In-A-Box (BDAB) program to rapidly scale up clean-energy tech across millions of small commercial and multifamily buildings.
To implement the BDAB, participating cities and counties will harness building permits, energy benchmarking and customer utility data to identify buildings that can benefit from the program and provide building owners with no-cost technical and financial assistance via proven software solutions from SRS, UtilityAPI, and Allectrify.
Six cities – Atlanta, Georgia; Fort Collins, Colorado; Milwaukee, Wisconsin; Philadelphia, Pennsylvania; Reno, Nevada; and San Antonio, Texas – and three counties – Los Angeles County, California; St. Louis County, Missouri; and Montgomery County, Maryland – will be the first to take advantage of the local government-driven BDAB program.
Buildings account for 40% of greenhouse-gas emissions globally and as much as 70% of the total emissions in cities. Existing decarbonization programs tend to overlook small commercial and multifamily buildings. These buildings are less than 50,000 square feet in size, account for 94% of U.S. commercial building stock, consume 44% of the overall energy used in buildings, and are often located in underserved communities.
Recommended Reading
Venture Global Acquires Nine LNG-powered Vessels
2024-03-18 - Venture Global plans to deliver the vessels, which are currently under construction in South Korea, starting later this year.
Apollo Buys Out New Fortress Energy’s 20% Stake in LNG Firm Energos
2024-02-15 - New Fortress Energy will sell its 20% stake in Energos Infrastructure, created by the company and Apollo, but maintain charters with LNG vessels.
Balticconnector Gas Pipeline Back in Operation After Damage
2024-04-22 - The Balticconnector subsea gas link between Estonia and Finland was severely damaged in October, hurting energy security and raising alarm bells in the wider region.
Enterprise Gains Deepwater Port License for SPOT Offshore Texas
2024-04-09 - Enterprise Products Partners’ Sea Port Oil Terminal is located approximately 30 nautical miles off Brazoria County, Texas, in 115 ft of water and is capable of loading 2 MMbbl/d of crude oil.
Enterprise’s SPOT Deepwater Port Struggles for Customers
2024-04-25 - Years of regulatory delays, a loss of commercial backers and slowing U.S. shale production has Enterprise Products Partners’ Sea Port Oil Terminal and rival projects without secured customers, energy industry executives say.