Revolving Funds for Sustainability Projects at Airports

Revolving Funds for Sustainability Projects at Airports PDF

Author: Adam Klauber

Publisher:

Published: 2019

Total Pages: 136

ISBN-13: 9780309480635

DOWNLOAD EBOOK →

Airports that have the ability and determination to launch a Green revolving fund (GRF) will gain a robust method for advancing their sustainability goals. Airports continually balance demands to improve infrastructure within the realities of available budgets. GRFs offer an alternative approach for investing in projects that generate operational savings. These funds work by tracking verified cost reductions from implemented actions, and then transferring those savings to a reserve that provides capital for future qualified projects such as energy system upgrades. A number of universities have managed GRFs for over a decade. Municipalities are starting to adopt them as well. ACRP Research Report 205: Revolving Funds for Sustainability Projects at Airports includes several non-airport-related case examples that have managed GRFs and two airport-related case examples. Airports require a modified GRF approach because of financial structures, Federal Aviation Administration (FAA) regulatory requirements, airline agreements, and the wide range of tenant roles. This report provides guidance to determine whether this innovative funding approach is suitable for a particular airport and instructions on how to deploy it

Strategies and Financing Opportunities for Airport Environmental Programs

Strategies and Financing Opportunities for Airport Environmental Programs PDF

Author: Barry Molar

Publisher: Transportation Research Board

Published: 2011

Total Pages: 229

ISBN-13: 030914342X

DOWNLOAD EBOOK →

TRB’s Airport Cooperative Research Program (ACRP) Synthesis 24: Strategies and Financing Opportunities for Airport Environmental Programs summarizes public and private funding opportunities and strategies available to airports to help accomplish their environmental programs and objectives.

Airport Sustainability Practices

Airport Sustainability Practices PDF

Author: C. Daniel Prather

Publisher:

Published: 2016

Total Pages: 120

ISBN-13:

DOWNLOAD EBOOK →

Over the last several years airport operators have introduced green initiatives in order to improve the overall sustainability of their airports. Drivers could include financial viability, staffing considerations, or other social or environmental factors. There is a significant compilation of sustainability practices from larger airports, but a less robust description of initiatives for smaller airports. This report focuses on drivers and outcomes of green initiatives undertaken at small commercial and general aviation airports. Information used in this study was acquired through a review of the literature and survey or interviews with airport operators at small and general aviation airports. Although the study found that more than half of small airports have adopted one or more sustainable initiatives and almost 20% have a formal sustainability plan in place, many of those participating in the study do not believe that their airport has an impact on the environment, and because of lack of funding and different priorities, they choose not to pursue sustainable initiatives. However, sustainability is more than environmental initiatives. These are barriers, but more airports will pursue sustainable initiatives if more funding is made available, sustainability incentives are created, or sustainability becomes a mandate.

Aviation and the Environment

Aviation and the Environment PDF

Author: Gerald L. Dillingham

Publisher: DIANE Publishing

Published: 2009-05

Total Pages: 32

ISBN-13: 1437911633

DOWNLOAD EBOOK →

In 2003, Congress established a program to reduce airport ground emissions at airports in areas failing to meet or maintain air quality standards. The FAA administers the Voluntary Airport Low Emissions (VALE) Program and oversees the program's two sources of funding. Participating airports also receive credits for the emission reductions achieved through VALE projects in accordance with the law and guidance. Airports can use these credits to offset emissions resulting from development projects to comply with federal requirements. This report determines: (1) how the VALE program has been implemented, incl. airport participation levels, types of projects, and program expenditures; and (2) the outcomes attributable to the VALE program. Illus.

Developing a Business Case for Renewable Energy at Airports

Developing a Business Case for Renewable Energy at Airports PDF

Author: Stephen B. Barrett

Publisher:

Published: 2016

Total Pages: 174

ISBN-13:

DOWNLOAD EBOOK →

This report is a guidebook to help airports understand renewable energy opportunities. The report includes instructions and tools to evaluate proposed renewable energy projects and their alternatives so that an informed decision that maximizes financial, self-sustainability, environmental, and social benefits can be reached. The report lays out what a business case is, why renewable energy is important, and what a business case for renewable energy looks like. It describes the importance of identifying the project objective and understanding how renewable energy might fit into an airport’s vision. A decision-making matrix is included that contains criteria used to evaluate a renewable energy project with a system for weighting each factor based on an airport’s particular objectives. The report presents a business case in the context of an airport’s typical master planning and capital improvement planning processes including engagement of key stakeholders. The report provides a model business case that evaluates a solar photovoltaic facility, a fossil fuel generator, and a fuel cell as options for providing on-site electricity generation to improve an airport’s energy stability and resiliency. It also includes examples of renewable energy business cases from both aviation and non-aviation organizations to highlight lessons learned. A sample request for proposals and a sample power purchase agreement are provided for project implementation. A CD-ROM (CRP-CD-177) provides supplemental information.

Innovative Finance and Alternative Sources of Revenue for Airports

Innovative Finance and Alternative Sources of Revenue for Airports PDF

Author: Cindy Nichol

Publisher: Transportation Research Board

Published: 2007

Total Pages: 51

ISBN-13: 0309097835

DOWNLOAD EBOOK →

This report presents the results of ACRP project 11-03, S01-01. It explores alternative financing options and revenue sources currently available or that could be available in the future to airport operators, stakeholders, and policymakers in the United States. The report examines common capital funding sources used by airport operators, a reviews capital financing mechanisms used by airports, describes various revenue sources developed by airport operators, and a reviews privatization options available to U.S. airport operators.

Aviation and the Environment

Aviation and the Environment PDF

Author: Gerald L. Dillingham

Publisher: DIANE Publishing

Published: 2001-07

Total Pages: 108

ISBN-13: 9780756712549

DOWNLOAD EBOOK →

Reviews: (1) the key concerns and challenges associated with airports' current operations and future growth -- particularly concerns about aircraft noise, water quality, and air pollutant emissions -- and the actions being taken by the nation's busiest airports to balance environmental concerns with such operations and growth; and (2) the actions taken by the FAA and other Federal agencies to address environmental concerns associated with airports' current operations and future growth. Contains recomm. to the DoT and the EPA to further assist airports as they attempt to balance their operations and growth with the impact of their activities on the environment. Charts, tables, and photos.

Lanterna Rally - Theme by Grace Themes