New York is advancing two thermal energy network projects worth $111.5 million to transition from gas-based heating to cleaner, waste-heat-recovery systems in Haverstraw and Buffalo.
New York approved $111.5 million for two thermal energy network projects in Haverstraw and Buffalo, and the UpgradeNY coalition is pushing to replace gas pipelines with thermal networks using heat pumps and waste heat. This points to very gradual substitution of gas demand for buildings, but the sums and timelines are far too small to move gas prices in the coming days to weeks.
The New York Public Service Commission has approved $111.5 million for two utility thermal energy network (UTEN) projects in Haverstraw and Buffalo. These initiatives aim to replace traditional gas-powered heating with systems utilizing geothermal energy and waste heat recovery to reduce fossil fuel dependence.
Not in any measurable way soon. The article describes two approved projects worth $111.5 million and a long-term push to replace gas pipelines with heat networks, which is too small to affect gas supply and demand balances near term.