In addition to using autonomous vehicles and installing IoT devices like sensors and cameras on their campus, universities have turned to microgrids and smart meters for energy savings. For example, the University of Washington in Seattle has installed 200 smart meters on its campus. Clemson University has invested in solar panels and energy storage systems to save on energy costs. New York University, which has produced its own power since the 1960s, was an island of light during the darkness of Hurricane Sandy thanks its own microgrid. But the initiatives are expensive. For example, NYU's microgrid was built at a cost of $126 million and financed through bonds backed by student tuition fees and financing from the Dormitory Authority of the State of New York. Experts have suggested a public-private partnership in order to boost microgrid adoption at Universities. In such cases, communities and academic instituitions jointly invest in upgrading facilities.
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