New York: New technology to reduce consumer energy costs by 20%


The New York State Energy Research and Development Authority (NYSERDA) has selected Dandelion Energy for the provision of a new geothermal technology that is expected to help reduce consumer energy costs by 20%.

The technology will enable ground-source heat pumps (also called geothermal systems) to be installed faster than traditional equipment.

The technology reduces the time it takes to install geothermal systems from up to one week to one day and the overall cost of installing geothermal for New York homeowners by approximately 20%.

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The technology was developed and tested as part of NYSERDA’s Next Generation HVAC Innovation Challenges, which supports the development, commercialisation and demonstration of new technologies for HVAC systems.

Increasing the use of clean heating and cooling technologies supports the state’s 2025 Green New Deal climate and clean energy programme.

As part of the programme, New York has set a target to reduce energy use by an amount equivalent to the energy demand of 1.8 million homes per annum.

Alicia Barton, CE of NYSERDA, said, “This new technology is a game-changer for the clean heating and cooling industry,  and will significantly help scale up the number of homes using geothermal systems. We applaud forward-thinking companies such as Dandelion for bringing their cost-effective and innovative solutions to the marketplace, expanding consumer options and helping us reduce harmful emissions and stewarding the environment for generations to come.”

Geothermal systems operate by harnessing the Earth’s year-round, stable ground temperature as a heating and cooling source. During winter, heat is extracted from the ground through an underground pipe system and distributed throughout the building via a compressor and circulation pumps. In the summer, the process is reversed and the cooler ground temperatures are tapped into.