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Life cycle costing and carbon calculations for capital planning and building performance evaluation

Proposal Status
Ready for Committee Review
Username
Matt Pesce
Proposer First Name
Peter
Proposer Email
pderoche@fstrategies.com
Proposer Last Name
DeRoche
Proposer Phone
(803) 372-7376
Proposer Job Title
Senior Engineering Consultant
Why is this session important?
Life Cycle Costing and carbon calculations are being used to plan for capital expenses related to electrification and other infrastructure upgrades that are necessary to meet NYC’s goal of 80x50. By comparing the life cycle costing of HVAC and other building systems, organizations and businesses can identify which types of systems will have the lowest overall cost over it's life. Innovative technologies will be needed in order to meet NYC’s carbon reduction goal, but the first costs for innovative technologies which have longer life, higher efficiency, and lower maintenance costs tend to much higher than traditional technologies and therefore harder to justify. Life cycle costing can be an important tool that can help organizations and businesses to justify the first cost of innovative technologies because it factors in all of the recurring costs of operation such as energy costs, operations and maintenance costs, and replacement costs. And by coupling the life cycle costing with carbon calculations it enables building owners to do carbon planning and to identification which solutions enable them to meet their carbon emissions reduction targets.

Comments

Elizabeth Engoren Wed, 04/07/2021 - 2:01 pm

MAYBE - I like NYCHA would be attending and hopefully explaining how they use LCAs for their short-term strategies and long-term planning. However, I'd like them to use case studies and specific examples of how LCAs enabled better collaboration between stakeholders for successful capital planning and site improvements.   

Ariel Sosa Thu, 04/08/2021 - 1:24 pm

NO

Susan Farber Mon, 04/12/2021 - 7:50 pm

ROUND 1 DISCUSSION: Ariel: previous topic (127) addresses this topic better and has more examples. Jen: familiar with their work, seen presentation of what NYCHA's doing, comparing six different retrofit strategies. Not as specific as 127, but still quite interesting. Really popular when they presented it before. Gwen: might provide an actionable skill people can use right away. Christina: useful to include because of the financial constraints that NYCHA has to work within. This is a bit more "boots on the ground" than 127. Worth keeping in the ring, is there room?

Ariel Sosa Fri, 05/21/2021 - 10:40 am

ROUND 2 - Moving this from NO to MAYBE. 5/21/21 - Zoom meeting coversation notes from 9:30am to 10:00am -  was briefly introduced to/spoke with Vlada who had to leave the Zoom meeting, Vlada recommended that we use the “tool” they put together, as she believes it would be very useful for implementing best EE solutions. The conversation continued with Peter (FST) & Katya (NYCHA) - Peter does not have much experience with the private sector building stock. Discussed that their financial calculation/strategy was setup solely for the public sector and municipalities, however the carbon and energy savings calculations could be replicated because the NYCHA building stock is composed of similar buildings typology/bucket of ECMs.  Case studies of how to make a central stream plant more efficient or common challenges to electrify NYCHAs buildings with heat pumps (geothermal, VRFs), and how it will be difficult to bring more electricity capacity from the utility companies could be discussed in 30-45 mins followed by a Q&A.  As they do not have a draft presentation readily available, we outlined a potential template on how “LL97 & CMA” impacts municipal buildings like NYCHA, and their carbon goals as outlined by the Mayor’s office. They would like to know the timeline to submit a presentation if they make the cut for the next round of final deliberations. Ariel to get back to Peter over email.

Susan Farber Mon, 05/24/2021 - 12:03 pm

ROUND 2 DISCUSSION:  Focus on the public sector, NYCHA buildings. Tool that could possibly be applied to other types of buildings as well. Missing private sector component, unless they can speak to applicability. Would need active curation. Decision: NO

Learning Objectives
Understand what is included in life cycle cost
Calculate life cycle costs for capital planning purposes
Calculate current and future carbon emissions to compare to reductions targets
Project future costs using present value and residual value
Has this session been presented before?
No
Target Audiences Level of Expertise
Level 1 - No prior knowledge needed.
Session Format
Interview or structured conversation among panelists

Strongest Content Connection - NYC 2021

Reviewer 1
Engoren, Elizabeth
Reviewer 2
Sosa, Ariel
Proposal #
146
Committee Decision
Being Considered