Oil and Gas

AlphaStruxure to Design, Construct, and Operate JFK's New Terminal One Microgrid, Creating the Largest Rooftop Terminal Solar Array in the U.S.

  • AlphaStruxure is leading the decarbonization efforts of what will be the largest international terminal at JFK
  • The 11.34 megawatt microgrid will transform the New Terminal One into the first fully resilient airport transit hub in the New York region that can function off-grid during power disruptions
  • The 7.66 MW PV system, consisting of over 13,000 solar panels, makes it the largest rooftop solar array in New York City and on any U.S. airport terminal

- Today, AlphaStruxure, a leader in Energy as a Service (EaaS) solutions, announced an agreement to design, construct, and operate integrated microgrid infrastructure at the New Terminal One (NTO) at John F. Kennedy International Airport. The microgrid will provide NTO with sustainable, resilient, locally generated, and cost-predictable energy. It will deliver immediate greenhouse gas emission reductions of 38 percent over grid-sourced energy and lead to cleaner air for the surrounding communities by eliminating the emission of criteria pollutants. The electricity generated by the microgrid is enough to power 3,570 average U.S. homes for one year. The project will feature the largest rooftop solar array in New York City and on any airport terminal in the United States with all available and viable rooftop areas being used for solar.

The 11.34 megawatt microgrid will transform the New Terminal One into the first fully resilient airport transit hub in the New York region that can function off-grid during power disruptions.

NTO—a consortium of labor, operating, and financial partners including Ferrovial, Carlyle, JLC Infrastructure, and Ullico—is building the privately-financed world-class all-international terminal at John F. Kennedy International Airport, in partnership with the Port Authority of New York and New Jersey (PANYNJ). The 2.4 million square foot terminal will serve as a global gateway to the New York metropolitan area and is estimated to generate over 10,000 jobs. The first gates are expected to be open in 2026, with full completion anticipated by 2030.

Upon project completion, NTO will be the first resilient airport transit hub in the New York region that can function independently of the power grid, to maintain 100 percent of airport operations during power disruptions across the 23 gates and more than 177,000 square feet of dining, retail, lounges, and recreational space.

The 11.34 megawatt microgrid will include 7.66 megawatts of rooftop solar, 3.68 megawatts of fuel cells, 2 megawatts/4 megawatt-hours of battery energy storage, and utilize re-claimed heat to generate chilled water and heating hot water. The microgrid will consist of four "power islands," with each island functioning as a local, integrated energy system with sources of generation, storage, advanced automation and control. The rooftop PV system will have over 13,000 solar panels, and electricity generated by the solar array alone is enough to power the equivalent of 1,039 average U.S. homes for a year.

The microgrid will be delivered to New Terminal One stakeholders by AlphaStruxure, a joint venture of global investment firm Carlyle (NASDAQ: CG) and Schneider Electric (SU.PA), that designs, builds, owns, operates, and maintains tailored energy infrastructure. As strategic partners for the project, Carlyle is financing the microgrid, while Schneider Electric is delivering leading microgrid technology, software, and services. The project is delivered through an Energy as a Service (EaaS) contract, a long-term agreement ensuring predictable operating costs and guaranteed performance without upfront capital expenditures.

The system's performance is managed by AlphaStruxure's Integrate TM , a cyber-secure digital platform that optimizes microgrid operations by compiling and analyzing data across the on-site energy infrastructure. 24/7 operators predict and respond to the system in real-time through the AlphaStruxure Network Operations Center. With an intelligent microgrid in place, the terminal will work toward eliminating power disruptions while maximizing distributed energy resources for resilience.

"This New Terminal One infrastructure project illuminates a new pathway to decarbonizing the air transportation sector. We're thrilled to provide a holistic microgrid solution that will keep NTO powered through outages and advance the city, state, and Port Authority's ambitious decarbonization goals," said Juan Macias , CEO, AlphaStruxure. "This project is paving the way for all transportation hubs and municipalities across the country. Not only is it about resilient energy, it's about decarbonization, risk transfer, and cost predictability via the Energy as a Service business model."

"Sustainability and resilience have been core values for the New Terminal One, and we are proud to unveil our partnership with AlphaStruxure to achieve these goals," said Dr. Gerrard Bushell , CEO, The New Terminal One Development at JFK . "This is future-focused infrastructure that will facilitate the transition away from fossil fuels and sets a new standard for large-scale renewable development in New York and in the air transit sector. The partnership with AlphaStruxure also provides New Terminal One with a resilient energy solution that has price certainty, de-risking the terminal from the volatile energy markets. Further, the local community of Southeast Queens will benefit from cleaner air, economic development, and the jobs accompanying this investment. AlphaStruxure's microgrid is a fundamental building block of this terminal, and we look forward to the many benefits it will provide to travelers and the community for decades to come."

"This project demonstrates how the energy as a service financing model can shape decarbonization in the transit sector," said Pooja Goyal , Chief Investment Officer of Carlyle's Global Infrastructure business. "We believe this is the kind of energy infrastructure that's needed throughout the country to become more resilient to outages while providing a path to work toward achieving sustainability goals. We're very proud to be financing the New Terminal One microgrid project at JFK that's providing such a valuable model for the private and public sectors."

"Microgrids solve two of the most serious challenges, resilience and decarbonization, with a single solution," said Annette Clayton , Chief Executive Officer, Schneider Electric North America. "The New Terminal One project at JFK shows that Schneider Electric's microgrid technology is ready to transform our nation's most critical infrastructure — including one of the busiest airports in the country — into a sustainable airport of the future."

AlphaStruxure's microgrid solution is designed to achieve ambitious New York State , City, and PANYNJ's sustainability mandates, and will contribute towards the New York State Climate Leadership and Community Protection Act (CLCPA) requiring 70 percent of electricity generation from renewable sources by 2030 and 100 percent by 2040.

About AlphaStruxure
AlphaStruxure is a leading Energy as a Service (EaaS) provider that designs, builds, owns, operates, and maintains tailored energy infrastructure, including microgrids. AlphaStruxure owns its clients' energy systems for their lifecycle, making it fully accountable for long-term outcomes on resilience, reliability, greenhouse gas reduction, and cost stability — without the CapEx or complexity. AlphaStruxure's unique joint-venture model combines Carlyle's capital backing and investing experience in infrastructure and energy, with Schneider Electric's 185+ year legacy and track record as the #1 microgrid technology provider, with over 350 successful projects across North America . As a steadfast innovator in the new energy landscape, AlphaStruxure unlocks ambitious transformations for energy-intensive private and public sector organizations. AlphaStruxure is based in Boston, MA , and operates across North America while leveraging global capabilities.

More information at alphastruxure.com
Follow AlphaStruxure at linkedin.com/company/AlphaStruxure

About The New Terminal One The New Terminal One (NTO) at John F. Kennedy International Airport is a bold and exciting project to develop a world class, international terminal that will serve as a global gateway to the New York metropolitan area and the United States . NTO will set a new standard for design and service and aspires to obtain a global Top 5 Skytrax ranking as one of the finest airport terminals in the world. The $9+ billion first phase is the largest single asset project financing in US history. The New Terminal One consortium of labor, operating and financial partners is led by Ferrovial, Carlyle, JLC Infrastructure, and Ullico. NTO will be built by union labor and is committed to local inclusion and labor participation with a focus on diversity and capacity-building opportunities, including ambitious goals for creating opportunities for local, minority and women-owned business enterprises (MWBE), and service-disabled veteran-owned businesses (SDVOB).

To learn more about the New Terminal One at JFK International Airport, visit http://www.anewjfk.com/projects/the-new-terminal-one

AlphaStruxure is a leading Energy as a Service (EaaS) provider that designs, builds, owns, operates, and maintains tailored energy infrastructure, including microgrids. AlphaStruxure's unique joint-venture model combines Carlyle's capital backing and investing experience in infrastructure and energy, with Schneider Electric's 185+ year legacy and track record as the #1 microgrid technology provider, with over 350 successful projects across North America. As a steadfast innovator in the new energ

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/alphastruxure-to-design-construct-and-operate-jfks-new-terminal-one-microgrid-creating-the-largest-rooftop-terminal-solar-array-in-the-us-301731016.html

SOURCE Alphastruxure

News Provided by PR Newswire via QuoteMedia

SU:CA,SU
The Conversation (0)
hydrogen pipes

Hydrogen Stocks: 9 Biggest Companies in 2023

Hydrogen stocks are benefiting greatly from momentum in the cleantech sector as the world moves closer to a green energy future.

The most abundant element on Earth, hydrogen is a colorless gas that can be produced in liquid form and burned to generate electricity, or combined with oxygen atoms in fuel cells. In this way, hydrogen–which produces no carbon emissions– can replace fossil fuels in household heating, transportation and industrial manufacturing processes such as steel manufacturing.

However, the downside to hydrogen as a clean energy source is that 99 percent of hydrogen fuel currently produced is derived from power generated by coal or gas. Technological advances have led to the ability to produce hydrogen using a renewable-energy-powered electrolyzer to split hydrogen atoms from oxygen. This is known as green hydrogen.

Keep reading...Show less
Enterprise Group- Senior Vice-President and Director Desmond O’Kell.

Strong Margins, Revenue Growth for Enterprise Group, Says Exec

Reeling from a seven year downturn, Alberta-based industrial equipment and service provider Enterprise Group (TSX:E,OTCQB:ETOLF) has entered a growth trajectory, according to the company’s senior vice president and director, Desmond O’Kell.

“What you're seeing with our financial results is a trajectory — every quarter — of revenue increases, and we've been able to expand our margins as well. When you come out of a seven year downturn, what that downturn did to us is it allowed us to refine the business,” O’Kell said.

Enterprise Group’s latest financial report shows 40 percent gross margins and 30 percent earnings before interest, taxes, depreciation and amortization (EBITDA) in 2022. For Q4 2022 alone, the company had a 48 percent increase in gross margins and a 37 percent increase in EBITDA compared to the same period last year, according to O’Kell.

Keep reading...Show less
eric nuttall, oil rigs

Eric Nuttall: Oil Bull Thesis Intact, Don't Allow Price to Set Narrative

Oil prices dropped in the first half of March, spurring questions about the outlook for the sector.

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, said his bullish stance hasn't changed.

"What I think we saw — it's a very common trade to be long oil as a hedge against inflation and short bonds. And once Silicon Valley Bank and then Credit Suisse (NYSE:CS), etc. (started having problems), you saw an unwind of that. So you saw people covering the bond shorts and liquidating oil," he told the Investing News Network.

Keep reading...Show less
Helium Evolution Announces Analyst Coverage Initiation by Eight Capital

Helium Evolution Announces Analyst Coverage Initiation by Eight Capital

Helium Evolution Incorporated (TSXV:HEVI) (" HEVI " or the " Company "), is pleased to announce that Christopher True of Eight Capital has initiated analyst coverage on the Company. Eight Capital is the first independent equity research group to publish analyst coverage on HEVI. This initial research report and any future such reports are the property of Eight Capital and may only be obtained directly from Eight Capital.

The Company has continued to engage with analysts, investment dealers, and other members of the professional investment community, along with existing and future potential investors, to further expand market awareness and interest in HEVI, which contributed to Eight Capital launching coverage.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
petroleum platform at sea

5 Top Weekly TSX Stocks: Valeura Makes "Transformative" Acquisition

The S&P/TSX Composite Index (INDEXTSI:OSPTX) rose 0.46 percent last week, closing the period at 19,500.73.

The gold price attracted investor attention in the resource industry as turmoil in the banking sector helped to push it over US$2,000 per ounce. Market watchers were also closely eyeing the US Federal Reserve's meeting — after much speculation about how it would react to the ongoing banking crisis, the central bank ultimately hiked interest rates by 25 basis points.

Here’s a look at the five top-gaining TSX mining companies last week and the factors that moved their share prices.

Keep reading...Show less
Blue Star Helium

North American Helium Conference

Technical Presentation March 2023

Blue Star Helium Limited (ASX:BNL, OTCQB:BSNLF) (Blue Star or the Company) is pleased to present its technical presentation.
Keep reading...Show less

Latest Press Releases

Related News

×