Trane New York / New Jersey
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Published Jul 1, 2006 in Distributed Energy
Excerpt: The retrofit of the air-conditioning system in a large corporate headquarters building with the installation of the New York Metropolitan area's largest ice-storage-based system delivers dramatic energy savings. Two years ago, the investment firm of Morgan Stanley decided to renovate its large corporate office building in the town of Purchase in New York s Westchester County. A major part of this renovation was an upgrade of this financial services company s air-conditioning system. Aging equipment and the need for additional cooling capacity and site resiliency motivated us to investigate environmentally responsible solutions, explains James P. McAleer, vice president of facilities for Morgan Stanley.[Full Article]
Morgan Stanley invests in energy-friendly chilling system
Published Jul 1, 2006 in Westchester County Business Journal
Excerpt: Morgan Stanley says using new technology in a novel way at their Purchase offices saves on the electric bill and is better for the environment. The project grew out of a partnership between Morgan Stanley, Trane, Calmac and the New York State Energy Research and Development Authority (NYSERDA). Partly funded by a $300,000 incentive check from NYSERDA, the system takes advantage of lower energy rates during off-peak hours, freezing water by night and circulating it during the day. NYSERDA says the systems savings will equal the $4.26 million investment in the new system in five years and hopes that other companies will follow the strategy, easing the overburdened grid system. [Full Article]
Innovative Ice Storage System Cuts Energy Use
Published Jun 28, 2006 in Appliance Design
Excerpt: Morgan Stanley, New York, one of the world s largest diversified financial services companies, was recognized by State and County officials at its Purchase facility for installing the New York Metropolitan area s largest ice storage based air-conditioning system, which delivers dramatic energy savings. Peter R. Smith, President and CEO of the New York State Energy Research and Development Authority, said the authority offers financial and technical assistance initiatives to help with identifying and installing projects which address the energy efficiency needs of our partners in a way that improves the environment and lessens our dependence on foreign oil. Morgan Stanley took the initiative to form a partnership with NYSERDA, Trane, and CALMAC and an innovative solution to tackle the company s energy needs through the use of an ice storage system was developed.[Full Article]
Credit Suisse Recognized by New York
Published Mar 2, 2006 in Energy & Power
Excerpt: NEW YORK Credit Suisse, a leading global investment banking and financial services firm, was recognized by state and city of New York officials for installing New York City s largest ice storage based air-conditioning system, which delivers dramatic energy savings. Officials from the New York State Energy Research and Development Authority (NYSERDA), who helped fund the project, praised company officials for their commitment to energy efficiency and the environment. The system, which was unveiled at a ceremony held at the Credit Suisse New York headquarters, located at 11 Madison Avenue, will lower the facility s peak energy usage by 900 kilowatts (kW) and reduce overall electric usage by 2.15 million kilowatt-hours.[Full Article]
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