Wednesday, July 29, 2009

Co-Op City

I'm not going to pretend to know everything there is to know about "borehole thermal energy storage", but I have to say, at first glance, I am really in love with this idea. Buying cooperatives and collective bargaining are discussed in all sorts of policy circles (health insurance being a popular recent example), but it seems like they are a particularly good fit here. By reducing the up-front costs, the return on investment for the infrastructure becomes that much shorter. I'm also guessing that there is an increase in efficiency in terms of overall power generation per cell when a whole neighborhood's worth of panels are operating in circuit, thus providing more bang for the buck in terms of reduced utility bills. And just think of the added resale value.

With so many buildings already managed as co-ops, how do we get this off the ground in NYC and start selling some juice back to ConEd?

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