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News from February 2014

Investment in Slovenia's Energy Efficiency Sector
Investment in Slovenia's Energy Efficiency Sector

Friday 28th February 2014

THE EBRD Board of Directors has adopted a new strategy for Slovenia which sets out the Bank’s priorities in the country for the next four years, including improving energy efficiency. Slovenia’s Government is committed to a continuation of key reforms outlined in the National Reform Programme. The EBRD (European Bank of ...

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Nigeria to Increase Energy Efficiency Awareness

Thursday 27th February 2014

NIGERIA is to increase it’s promotion of energy efficiency through the National Orientation Agency (NOA) and the United Nations Development Programme (UNDP) according to the country’s Leadership newspaper. Director-General of NOA, Mike Omeri, is reported by the paper as stating that a program will be increased following on from a previous ...

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Energy Efficiency Fund for UK Organisations
Energy Efficiency Fund for UK Organisations

Wednesday 26th February 2014

THE UK Green Investment Bank (GIB) and Societe Generale Equipment Finance (SGEF) have joined forces to provide £50m of finance for energy efficiency projects. The alliance will marry SGEF's strong track record in equipment financing with additional capital and expertise from GIB, helping public and private sector organisations reduce their energy ...

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New York College Energy Saving
New York College Energy Saving

Tuesday 25th February 2014

NEW York State’s Nazareth College estimates to save over $441,000 annually in energy costs, thanks to $575,000 from the New York State Energy Research and Development Authority (NYSERDA). "New York State is a national leader in green building, and the projects at Nazareth College are another example of the way NYSERDA ...

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UAE Need to Adopt Energy Management Systems
UAE Need to Adopt Energy Management Systems

Monday 24th February 2014

UNITED Arab Emirate’s (UAE) future energy use will rely on energy efficient management systems according to a report by Trade Arabia. According to Niraj Mathur, senior lead assessor at Lloyds Register Quality Assurance (LRQA), adopting an Energy Management System-EnMS, like ISO 50001, is one of the best ways for the UAE ...

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Energizing Green Cities in SE Asia
Energizing Green Cities in SE Asia

Friday 21st February 2014

THE World Bank released their report “Energizing Green Cities in Southeast Asia” this week, highlighting how energy efficiency is key to climatic, economic and infrastructure improvements. Worldwide, cities account for around two-thirds of global energy demand and greenhouse gas (GHG) emissions, with cities in Southeast Asia growing twice as fast as ...

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Public Sector Must Improve Energy Efficiency
Public Sector Must Improve Energy Efficiency

Thursday 20th February 2014

UK public sector organisations are fighting against a rising tide of energy costs and need to focus on energy efficiency to win, according to Tim Pryce. Pryce, Head of Public Sector at the Carbon Trust, writes in the Local Government Chronicle that public sector organisations who are unable to reduce energy ...

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China Outspends US on Energy Efficiency
China Outspends US on Energy Efficiency

Wednesday 19th February 2014

CHINA spent more on energy efficiency than the US for the first time, accounting for almost a third of the world’s total with $4.3 billion invested. Global smart grid investment reached $14.9 billion in 2013, up from the $14.2 billion recorded in 2012, according to the latest authoritative figures from research ...

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Energy Efficiency Increases Production and Competitiveness
Energy Efficiency Increases Production and Competitiveness

Tuesday 18th February 2014

A NEW survey reveals Britain’s manufacturers are increasing their investment in strategic energy management and efficiency, in order to improve their competitive position against a backdrop of rising energy costs. The survey, released yesterday by EEF, the UK manufacturers’ organisation, and energy supplier npower, voices the concerns of manufacturers and recognises ...

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The EU's Big Energy Efficiency Opportunity
The EU's Big Energy Efficiency Opportunity

Monday 17th February 2014

AN excellent article in Ireland’s Independent newspaper by Philip Lee highlights the opportunity in the EU zone for businesses and others, due to the demand for improved energy efficiency. Lee refers to the EU pointing at energy efficiency as one of the major solutions to climate change, energy security, competitiveness and ...

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LEDs Perform Better in Concert Hall
LEDs Perform Better in Concert Hall

Friday 14th February 2014

THE Nottingham Royal Concert Hall in the UK is aiming to save £16,000 annually on their electricity bill through using energy efficient lighting, that will still provide what is needed for performances. The Concert Hall, which seats almost 2,500, has replaced over 500 old incandescent lights with longer lasting LED lights, ...

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NY Green Bank
NY Green Bank

Thursday 13th February 2014

NEW York State Governor Andrew M. Cuomo, announced the start of business operations for the New York Green Bank, which will work to stimulate private sector financing and accelerate the transition to a more cost-effective, resilient and clean energy system. The largest green bank in the nation, the NY Green Bank ...

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Green Bank Funds Energy Efficient Street Lamps
Green Bank Funds Energy Efficient Street Lamps

Wednesday 12th February 2014

SEVEN million street lights clock up an electricity bill of more than £300 million annually in the UK, they are often a local authority's largest single cost. With fewer than a million low energy street lamps across the UK, there is a huge potential for savings, but investment is needed. However, ...

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10M Euro for Croatian Energy Efficiency Improvements
10M Euro for Croatian Energy Efficiency Improvements

Tuesday 11th February 2014

THE  EBRD is providing a €10 million loan to Erste Bank Croatia for on-lending to private companies and municipalities for investments in energy efficiency and renewable energy projects. The loan comes under the Western Balkans Sustainable Energy Efficiency Facility II (WeBSEFF II) launched last year to support efforts towards the improved ...

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Delhi Summit Calls for Action on Energy Efficiency
Delhi Summit Calls for Action on Energy Efficiency

Monday 10th February 2014

AT the 'Delhi Sustainable Development Summit' (DSDS) world leaders and government representatives urged the global community to take urgent steps to reverse the effects of climate-change by improving sustainability. The Summit discussed strategies and challenges through the presence and involvement of world leaders, Nobel Prize winners, ministers from several countries ...

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EPA Report Reveals Benefits of Sustainable Action
EPA Report Reveals Benefits of Sustainable Action

Friday 7th February 2014

THE U.S. Environmental Protection Agency (EPA) have released its annual Climate Protection Partnerships report, highlighting the steps taken by over 21,000 organizations to reduce greenhouse gases and achieve environmental and economic benefits. “The urgency to act on climate change is clear,” said EPA Administrator, Gina McCarthy. “Through investments in cleaner technologies ...

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EU Politicians Want Binding Energy Targets
EU Politicians Want Binding Energy Targets

Thursday 6th February 2014

EUROPEAN Union (EU) MEPs called yesterday for a 40% cut in CO2 emissions, a 30% target for renewable energy and a 40% target for energy efficiency by 2030, all as binding targets. The targets come under the EU's new long-term climate-change policy, with the MEPs criticising the European Commission's recent non-binding ...

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Report Highlights Need to Focus on Energy Efficiency and Renewables
Report Highlights Need to Focus on Energy Efficiency and Renewables

Wednesday 5th February 2014

ACCORDING to a new report, investment in energy efficiency and renewable energy measures will be critical in helping businesses cope with future energy price increases. The report, Lorien Energy Index (LEI), reveals that energy prices fell by 1% in the third quarter of 2013 but with an overall increase of 8% ...

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Energy Efficiency Funding for Ukraine's Businesses
Energy Efficiency Funding for Ukraine's Businesses

Tuesday 4th February 2014

THE European Bank for Reconstruction and Development (EBRD) extends its efforts to develop sustainable energy sources and to promote energy efficiency in Ukraine, with a new $100 million financing programme. The EBRD’s Sustainable Energy Financing Framework aims to inject new skills into the energy sector in Ukraine, backed by project financing ...

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Energy Incentive for Indian Fan Makers
Energy Incentive for Indian Fan Makers

Monday 3rd February 2014

INDIA’S Bureau of Energy Efficiency (BEE) is offering an incentive of Rs 350-crore ($56M) to Indian manufacturers of 35 watt fans, as against the makers of normal 70 watt units. The Economic Times of India quotes BEE Director General, Ajay Mathur: "We are working on promoting energy efficient fans in the ...

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