Press Release Article


PORT AUTHORITY BOARD APPROVES $25.8 MILLION FOR ENERGY CONSERVATION PROJECTS THROUGHOUT AGENCY

Date: Dec 10, 2014
Press Release Number: 250-2014

Improvements expected to save the agency $27 million over 20 years, while reducing Greenhouse Gas (GHG) emissions by approximately 3,000 tons annually

Advancing the agency's commitment to clean and efficient energy, the Port Authority’s Board of Commissioners today approved a $25.8 million commitment to the next phase of the agency’s Multi-Facility Guaranteed Energy Savings Project, a long-term initiative to modernize the agency’s systems and reduce energy costs.

The program’s latest component includes upgrades to more than 5,000 exterior lighting fixtures at the George Washington Bridge, the Holland and Lincoln tunnels, and the Goethals Bridge and Outerbridge Crossing. Interior lighting upgrades will be made at the ventilation buildings for both tunnels and the Goethals and Outerbridge’s administration buildings.

Annual utility, operating and maintenance savings from reduced energy consumption will offset the cost of the projects and yield ongoing savings for the Port Authority. Cost savings will total approximately $27 million over the program’s 20-year life, while reducing about 3,000 tons of Greenhouse Gases (GHG) per year – a figure equivalent to preserving 338,000 gallons of gasoline.

“These projects are part of the Port Authority’s longstanding effort to advance environmental protection and energy-conservation programs,” said Port Authority Chairman John Degnan. “In addition to its environmental benefits, this program will reduce the Authority’s operating expenses, while stimulating the regional economy through the creation of 90 jobs, $8.4 million in direct payroll wages, and $37 million in related economic activity.”

“The Port Authority is committed to making its facilities more efficient and environmentally friendly,’’ said Port Authority Vice Chairman Scott Rechler. “These projects will help move the agency further toward its cleaner energy goals, while providing more efficient transportation facilities for the region.”

The Port Authority’s environmental upgrades follow industry protocols by including specific monitoring and verification plans. The agency’s Office of Environmental and Energy Programs will establish baselines and track energy savings through metering, billing analysis, engineering calculations and site interviews with staff.

The agency previously spent approximately $31 million on multiple energy savings projects through the program’s earlier phases, creating a projected cost savings of $50 million over the useful life of the projects. These projects already are eliminating more than 15,000 metric tons of GHG emissions annually – comparable to saving 1.7 million gallons of gasoline.

The agency also recently installed its first green roof atop the Holland Tunnel Administration Building to provide cooling and heating in different seasons.

Additionally, earlier this year, the Port Authority accepted the Innovation and Excellence in Energy Management Award from Build Smart NY. The program was established by Governor Cuomo to reduce energy consumption by 20 percent at state government facilities by 2020, in recognition of the state’s Guaranteed Energy Savings Project.

CONTACT:
Port Authority of New York and New Jersey
212-435-7777

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit http://www.panynj.gov.


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