United States Senators Charles E. Schumer and Kirsten Gillibrand, a member of the Senate Green Jobs & New Economy Subcommittee, announced that the Senate Subcommittee on Energy and Water Development has allocated $1,550,000 in grant funding to City University of New York’s Energy Institute.
This grant will allow CUNY to develop advanced, sustainable and economical energy technologies with low carbon footprints. This sustainable energy strategy will match the federal goals of the new administration to promote and expand the Green Economy. The center would also create immediate employment for 50 professionals with the potential for adding 500 jobs as a result of spinoff projects.
The institute will focus on the establishment of two complementary system−level test beds, which could demonstrate the substitution of energy produced from domestic resources other than oil and include electrochemical storage of sufficient electricity from excess night−time capacity and ‘renewable’ sources to provide all the on−demand peak−power needed for a large CUNY building that would demonstrate the potential for reduction in hydrocarbon use in the residential, commercial sector without incurring significant economic penalties.
