ALBANY, N.Y. — The New York State Energy Research and Development Authority (NYSERDA) and New York Power Authority (NYPA) announced the availability of $3.8 million for the launch of a statewide Geothermal Clean Energy Challenge, an initiative designed to help stimulate financing and installation of large-scale geothermal systems at state and local governmental entities, public and private schools, and health care facilities. The initiative promotes clean and sustainable energy use and directly supports Gov. Andrew M. Cuomo’s goal to reduce greenhouse gas emissions 40 percent by 2030.
The Challenge provides New York facilities with the opportunity to apply for an analysis to determine whether their buildings are best suited for the installation of geothermal pumps (i.e., ground-source energy heat pumps) for heating and cooling by transferring heat to or from the ground.