Here is a proposed 3-step process to help the energy industry and their consumers to more readily "cross the chasm": Step 1: Modernize Infrastructure & Improving Operations It may be easy to overlook the importance of modernizing existing power infrastructure, but the bottom line is that we cannot rebuild our power grid from scratch.
"I don't think we should be talking about building new generators recklessly before we first take care of modernizing existing facilities," Mr. Gianaris said.
While the drawbacks of the Brutalist building, dedicated in 1975, have been known for years, two options mentioned in the GAO report, beyond modernizing the existing structure, could spell big changes for the building and downtown.
Despite numerous bids the Lince program failed, both for financial reasons and because of the decision to instead modernize the existing fleet of AMX-30Es, and to procure a large number of American M60 Patton tanks to replace the fleet of older Patton tanks.
Compared to other infrastructure providers, Intersection, a hybrid municipal media and technology company, offered an opportunity for the city to modernize its existing infrastructure of public payphones with Wi-Fi enabled kiosks, which provided a monetization solution to offset the otherwise costly endeavor (estimated to be around $200 million).
A 10% investment tax credit for the rehabilitation and renovation of existing manufacturing facilities would pump billions of dollars into modernizing America's plants.
With the RS-28, Russia simply modernizes its existing nuclear arsenal with a slightly better version of the same kind of weapon that Russia, the US, and other atomic powers have possessed for more than 50 years.
Although the Housing Authority of New Orleans says that modernizing existing developments would cost more than building new housing, it has yet to release cost breakdowns or the source of the figures.
The trend toward modernizing existing aircraft and communications systems rather than building new ones also benefits L-3.
"I have seen Sapho's traction firsthand with Fortune 500 customers looking to modernize their existing systems and improve employee productivity," said Raymond Tonsing, founder and MD of Caffeinated Capital, said in a statement.
