an introduction to the danish cleantech hub

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Danish Cleantech Hub in New York DCH Danish Cleantech Hub in New York

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Page 1: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub in New York

DCHDanish Cleantech Hub in New York

Page 2: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub In New York

New York is ready to invest in cleantech and climate change adaptation • The devastating effects of the 2012

super storm Sandy prompted the city to undertake a major evaluation of how to

climate proof itself – leading to the plan ”A Stronger more Resilient New York”

published in 2013 – allocating more than $20bn in investments over the

coming years

• Prior to this, New York had already set in motion an ambitious plan to cut

green house gas emissions by 30% by 2030, along with 400 other

climate change initiatives, creating tremendous momentum for cleantech

solutions

Page 3: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub In New York

• As the first country in the world, Denmark will be independent of

fossil fuels by 2050• As a result of its ambitious decisions

and policy framework, Denmark has become a global leader in

producing integrated end-to-end solutions to match the growing

needs of new sustainable technologies and solutions

internationally

• Denmark has 2,200 cleantech firms and the sales from the Danish

cleantech sector contributes to 3 % of the country’s GDP – the highest

in the world

Denmark has the competencies and technological solutions

Page 4: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub In New York

Danish Cleantech Hub (DCH) in New York

• The DCH in NY is a DI-led initiative aiming to bring Danish strongholds in energy efficiency and climate adaptation into play on the growing NY market

WHAT

• New York urgently needs to adapt to the new reality of climate change. Investments and regulatory changes in energy efficiency, resiliency, and sustainability are creating tremendous momentum for cleantech solutions

• Denmark and Danish companies are world leaders in climate adaptation and cleantech solutions, but are insufficiently represented in New York leading to low visibility and knowledge of Danish solutions, and a challenged access to the NY market

WHY

• DCH supports the visibility and commercialization of Danish cleantech in NY while strengthening Danish-US relations within the cleantech sector

• DCH enables US companies and organizations to tap into Danish energy know-how, including idea- and solution exchange, in order to help shape the future of clean energy in New York

• DCH provides the local platform to bring Danish solutions and technologies into play in New York

HOW

• A US-Danish public-private partnership, involving Danish cleantech companies as well as relevant public and private stakeholders in both countries. The project founders are DI and State of Green with full support from the City of Copenhagen

WHO

Page 5: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub In New York

Who Do We Work With?

DCH

DK Companies

US Companies

US Public Authorities

Research Institutions

Private Foundations

DK Public Authorities

Page 6: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub In New York

DCH Focus Areas – What New York needs

District Energy &

CHP

● NYC aims to install 55GW of distributed generation by 2020

● Financial incentives for CHP create market pull from private building owners, hospitals and universities

● Market is focused on DE/CHP for colleges, hospitals and factories rather than city-wide systems

Efficiency & Resiliency in

Buildings● In the wake of Sandy, building resiliency has become a fast-growing market

● New laws require building owners to undertake regular energy audits, putting energy usage and efficiency on the agenda (market pull)

● Price of electricity in NY is 45% higher than the rest of the US financial incentive for building owners to invest in energy efficiency

Flood & Storm-water

Protection

● Greater frequency on super-storms and hurricanes provide impetus of new investments

● +70.000 buildings in NYC are in low-lying flood risk zones

● $20bn in investments have been announced post-Sandy in an effort to secure the City against rising sea levels and storm-waters + a new $17bn from NY State

Smart Grid

● Ageing electricity grid is ripe for upgrade. Smart grid technologies are increasingly popular

● High prices of electricity create demand for smart grid technologies

● NY State has launched a new micro-grid program, facilitating investments of $40m

Page 7: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub In New York

DCH Focus Areas – The Danish Strongholds

District Energy & CHP

● For decades, Denmark has been regarded as the world leader in district energy (DE) systems• 63% of households are

connected to a clean, and energy efficient DE system

• With a cogeneration share of 50% of national electricity production, Denmark is the world’s CHP leader

● A typical Danish CHP system covers up to 70% of the annual heat consumption. In most other countries, a heat coverage of 30% is the maximum possible

● Danish CHP plants have fuel efficiencies of up to 90%

Efficiency & Resiliency in

Buildings● Denmark is known for its well-tested energy-efficient solutions that can save more than 50% energy. Such solutions have been widely implemented in housing and public institutions in Denmark

● Specifically, Danish companies are among the world leaders in the areas of insulation, glazing, pumps, meters, and other energy saving technologies for buildings

● In Denmark, research is continually being carried out in several areas such as facades, insulation materials, ventilation systems, and intelligent lighting solutions

Flood & Storm-water Protection

● Danish companies have developed strong solutions for preparing for and mitigating the effects of disasters such as flooding

● Danish technological innovation needed to respond to flooding include tools for early warning, prediction, planning and monitoring

● The widespread implementation and use of such solutions in Denmark has generated an extensive acquisition of know-how

Smart Grid● After several decades with the integration of renewables into the power supply, Denmark has developed unique experience within smart grid

● Denmark has a solid smart grid sector with more than 60 smart grid technology firms

● The companies provide advice and products within energy mgmt. systems, power transmission and –distribution, and power electronics

● Denmark has a wide array of smart grid assets within test and demonstration, including a full scale test site at the island of Bornholm, where the smart grid provides power to 28,000 inhabitants

Page 8: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub In New York

DCH’s physical base is at the Urban Future Lab, New York’s premier facility for the cleantech and energy community.

View from the Urban Future Lab

Page 9: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub In New York

House of Green in New York City

• An interactive showroom and visitors’ center

• Showcasing Danish technologies and competences within climate adaptation and cleantech

• The single point of entry for all Danish-New York cleantech related activities

Page 10: An Introduction to the Danish Cleantech Hub

Danish Cleantech Hub In New York

ContactKinga Valeria Szabo

General Manager, DI

Office: +1 212 297 5789 Cell: +1 917 445 6674 E-mail: [email protected]

Frida Ferdinand

Consultant, DI

Office: +1 212 297 5789 Cell: +1 646 417 3286E-mail: [email protected]