![]() ![]() In comparison, LEED-certified Class A suburban offices achieved a 40.9% premium over non-certified assets**. LEED-certified Class A urban office sales generated a 25.3% price per square foot premium over non-certified buildings. ![]() LEED-certified offices have consistently performed at a premium when it comes to pricing across quality classes and geographies**. Loo is also a co-founder of Andluca Technologies, a start-up that is developing visibly transparent solar cells and smart window combinations.Īn out-birth of research from her laboratories, these technologies are said to have the potential to reduce building energy consumption and increase occupant comfort.Since 2018, LEED-certified assets have held a 21.4% higher average market sales price per square foot over non-LEED buildings*. She and her team currently hold the record for the most stable perovskite solar cells. These cells absorb light of complementary wavelengths compared with conventional silicon solar cells, so marrying the two technologies together can increase power generation over the same footprint. In addition to her work in maritime decarbonisation, the Malaysian-born chemical engineer and professor of chemical & biological engineering at Princeton leads a group of graduate students and postdocs in her laboratory at the Ivy League research university where the team is working to develop high-performance, stable perovskite solar cells. Photo: Global Maritime Forumīut Loo’s involvement with the decarbonisation centre is only half of her story. Lynn Loo, chief executive of the Global Centre for Maritime Decarbonisation, attends the Global Maritime Forum’s 2023 annual summit in Athens. This shows us how we need to differentiate our interventions.” “This is in contrast to the large shipowners who are already adopting solutions considered ‘low-hanging fruits’ and are more concerned with technology maturity and price gaps. “In our recent global maritime decarbonisation industry survey which we completed with Boston Consulting Group, we found that smaller shipowners lack context and understanding of the technologies available to them to help them reduce their greenhouse gas emissions,” she told the ICS. She highlighted the different issues faced by smaller shipowners who make up the bulk of the international fleet versus those of the large shipowners. “ making sure we’re asking the right questions and that our hypothesis is really addressing the pain points of the sector,” she said. It has launched pilots and trials to close technical and operational gaps in deploying ammonia as a marine fuel, building resilience in drop-in green fuels supply chains and demonstrating shipboard carbon capture and articulating the value chain of captured CO 2.Īsked how her academic background feeds into the work she is doing at the decarbonisation centre, she said in an interview with the International Chamber of Shipping that she likes to think she is bringing some “academic rigour” to the table. Under her leadership, the centre has garnered broad ecosystem support globally for its initiatives. ![]() It was that promise that something big can happen,” she said. “If there is a chance to pass a global carbon policy, it would be in a global industry such as shipping. What inspired her to join the industry was its global nature, she told TradeWinds in an interview not long after taking up the post. It was during this time that she was invited to be a part of the International Advisory Panel for Maritime Decarbonisation.Īt the recommendation of this panel, the decarbonisation centre was founded by the Maritime & Port Authority of Singapore with the backing of BHP, BW Group, DNV Foundation, Eastern Pacific Shipping, Ocean Network Express and Seatrium. Her sabbatical from her job as a professor at Princeton University in the US took an unexpected turn when she found herself on an extended stay in Singapore during the Covid-19 pandemic. ![]()
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