June 4, 2009 6:00 PM-8:00 PM FREE for Academy Members
Zero Net Energy Buildings: Financial Incentives and Valuation
7 World Trade Center, New York, NY
www.nyas.org/financial

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Adopting new design practices and incorporating new technologies required to construct a zero net energy building may add substantially to initial costs. However, the investment in technologies to achieve net-zero energy usage is recouped over the life-time of the building. In order for developers to make this investment, sufficient financial incentive needs to be provided. This panel will address the valuation of the energy-generating and efficiency features of zero net energy buildings.

This meeting is the final discussion in a 4- part series focused on achieving zero net energy in buildings. Renewable energy technologies, global best practices, and how to retrofit existing buildings are just a few of the topics covered this year.

As a neutral third party, the Academy formed a network of the key players in New York in the areas of green buildings and sustainable design. This collective includes architects, engineers, scientists, policy makers from city and state, foundation and non-profit leaders.

Abstracts

Financial Incentives and Valuation of Zero Net Energy Buildings
Scott Muldavin, The Muldavin Company

In this fourth and final presentation in our series on Zero Net Energy Buildings, Mr. Muldavin will address the critical role of financial incentives and valuation to achieving zero net energy buildings. In order to bridge the growing chasm between public and private energy efficiency goals and actions, and meet societal needs, private property energy efficiency decisions must move beyond cost considerations to fully integrate the true value of carbon/energy efficiency.

Mr. Muldavin will present GBFC's Sustainable Property Performance Framework, a new approach to understanding how sustainable properties need to be measured to support financially based decision-making. Next he will outline GBFC's six-step methodology for financial analysis of sustainable properties that provides a practical means for integrating non-cost related energy benefits, as well as potential health and productivity benefits, into value and energy efficiency investment decisions. Finally, the relative importance and role of financial incentives will be discussed, along with observations about society's evolution to a Zero Net Energy society.

Re-Skin Our Cities
Ron Dembo, Zerofootprint Inc.

We know how to build new buildings with a low carbon footprint, but little attention has been paid to the thousands of existing structures worldwide that are extremely inefficient and have a massive carbon impact. In North America alone they account for 40% of all greenhouse gas emissions. To address this we need not only a technical solution, but a financial one. The goal of the Zerofootprint Building Re-Skinning Competition is to drive the state-of-the-art in retrofitting the built space-in design, materials, technology, and in retrofitting systems that may be scaled to large numbers of buildings. The hope is to create a methodology for creating zero net energy buildings worldwide. A big part of this is developing the financial model that can also be replicated. Ron Dembo's talk will explore ways in which we can get from here to there.

Registration
Members: Free
Nonmember students: $10
Nonmember: $20