ST. PAUL, MN — An award earned by the U.S. Department of State in Seoul, Korea, was the direct result of an Energy Savings Performance Contract (ESPC) from the Trane Asset Management Services Business Unit. According to Trane, the contract is significant for its use of a geoexchange system to replace inefficient oil furnaces and window air conditioners in housing units at the U.S. Embassy in Seoul. As a result of the improvements, the Embassy may realize total energy savings of approximately $12 million over the 19-year contract duration.
The Federal Energy Management Program (FEMP) is a division of the U.S. Department of Energy (DOE) focused on helping federal agencies reduce costs, increase efficiency, use renewable energy, and conserve water.