Promoting Electrification A Collaborative Discussion on the Needed Incentives for Developers to Electrify Buildings New and Old

Abstract

Record ID: 100

Program Affiliation: Capstone

Presentation Type: Video

Abstract: As cities worldwide confront the imperative of transitioning towards sustainable energy systems, the electrification of buildings emerges as a pivotal strategy for reducing greenhouse gas emissions and enhancing urban resilience. This research project investigates the existence and efficacy of developer incentives to electrify buildings, drawing insights from successful initiatives in other cities and soliciting feedback from stakeholders here in Cincinnati. Through a multidisciplinary lens, the study aims to address the overarching goal of promoting electrification as a means to combat climate change and advance sustainability objectives, leaving the city of Cincinnati's reliance on fossil fuels a thing of the past.   The specific research question guiding this investigation is: What tools and strategies have proven successful in incentivizing developers to electrify buildings in other cities, and how can these approaches be adapted to meet the goals of its ambitious green plan? The methodology involves a comprehensive review of existing literature, case studies of electrification initiatives in cities elsewhere, and qualitative interviews with key development figures in the Cincinnati community.   The anticipated outcome of this research is a set of actionable recommendations for policymakers, urban planners, and industry stakeholders in Cincinnati to develop effective incentives for electrification. By fostering dialogue and collaboration across sectors, the findings aim to catalyze the adoption of electrification technologies, thereby contributing to a more sustainable community.