Federal grant · project grant (b)
Description:the Purpose of This Award Is to Provide Funding Under the Inflation Reduction Act (IRA) to Seastreak, LLC. Specifically, the Recipient Will Improve Air Quality and Reduce Pollution at Near-port Communities in Monmouth County, NJ and in the Surrounding Area Through the Deployment of Zero-emission (ZE) Ferries and Charging Infrastructure at the Port. Activities:the Activities Include the Purchase and Deployment of High-speed Zero-emission Ferries, Installation of Charging Infrastructure Systems With Integrated Battery Energy Storage Systems, and Near-port Community Engagement and Workforce Development. Subrecipient:subawards May Be Developed to Implement Community Outreach, Educational Development, Workforce Training, and Technology Awareness. Outcomes:the Anticipated Deliverables Include the Purchase and Deployment of Zero-emission Ferries, High-speed DC Vessel Shore Power Charging Infrastructure Systems, and Battery Energy Storage Systems. Other Deliverables Include Conducting Workforce Training, Community Engagement, and Educational Programming on Zero-emission Technology. the Expected Outcomes Include Reduced Carbon Dioxide (CO2), Nitrogen Oxides (nox), Particulate Matter 2.5 (PM2.5), Carbon Monoxide (co), Hydrocarbons (HC), Black Carbon, and Carbon Dioxide Equivalent (CO2E) Emissions; Reduced Reliance on Diesel Fueled Ferries; Improved Air Quality in Local Communities; Establishment of Charging Infrastructure to Accommodate Future Deployment of Ze Technologies; Delivery of New Skills and Capabilities to the Workforce; and Increased Access to High-quality Job Opportunities for Near-port Communities. the Intended Beneficiaries Include Communities Surrounding the Ports in Northern New Jersey and Southern New York City; Local Educational Institutions Who Can Integrate the Maritime Zero Emission Technology Into Their Curriculum; and Ze Technology Industry Groups Who Can Learn From This Project.
Committed
$55.0 Million
Paid out
$5.4K
<1%
Committed, not yet paid
$54.9M
100%
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