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Story Released 8:44am 14/08 $100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

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New UK Government wants to be
New UK Government wants to be "greenest government ever"

Tuesday 18th May 2010

THE new UK Prime Minister David Cameron pledged the new coalition administration to become "the greenest government ever”, at a recent meeting of the Department of Energy and Climate Change. A new government steering group will be run by Energy and Climate Change Secretary Chris Huhne along with representatives from key ...

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Jakarta Needs to be Energy Efficient
Jakarta Needs to be Energy Efficient

Monday 17th May 2010

DATA from the Jakarta Industry and Energy Agency shows the Indonesian capital needs at least 4,600 megawatts of electricity, which is currently supplied by power plants in Muara Karang and Tanjung Priok in North Jakarta. A major problem is that both plants have a total maximum capacity of 2,000 megawatts, ...

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Will Reworked American Power Act Do Enough for Energy Efficiency?
Will Reworked American Power Act Do Enough for Energy Efficiency?

Thursday 13th May 2010

A U.S. Senate measure intended to make the United States a "clean-energy leader," will direct a cut in carbon emissions of 17 percent over the next 10 years. U.S. Senators John Kerry and Joe Lieberman have introduced The American Power Act. "We can finally tell the world that America is ready to ...

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2010 Energy Efficiency Global Forum gets Underway
2010 Energy Efficiency Global Forum gets Underway

Tuesday 11th May 2010

THE 2010 Energy Efficiency Global Forum and Exposition (EE Global 2010) kicked off on Monday in Washington D.C. The gathering of world-class business, technology, government and policy leaders are convening for the only such international event focused exclusively on energy efficiency. The participants will be calling for improved energy efficiency ...

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Canada Vote in Climate Change Bill
Canada Vote in Climate Change Bill

Tuesday 11th May 2010

LAST week the Canadian House of Commons approved legislation that commits the country to cut their greenhouse gas emissions by 25%, based on 1990 levels, by 2020 and 80% by 2050. The New Democrat Climate Change Accountability Act is Canada’s only federal climate change legislation which will force the Canadian Government ...

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China set to use Iron Hand to Force Energy Efficiency
China set to use Iron Hand to Force Energy Efficiency

Friday 7th May 2010

CHINA is set to use an “iron hand”, in a silk glove of an extra $12 billion, to their achieve energy efficiency targets. The hard line is being taken after it was revealed that energy use rose 3.2% in the first quarter compared to last year, reversing the decline in the ...

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India's Power Minister Calls for Vigorous and Focused Awareness on Energy
India's Power Minister Calls for Vigorous and Focused Awareness on Energy

Thursday 6th May 2010

INDIA'S Union Power Minister, Sushil Kumar Shinde today stressed the need for a vigorous and focussed national awareness campaign to improve energy efficiency. Inaugurating a National Seminar on Energy Efficiency and Conservation in New Delhi, he said the reason for the seminar was to engage all stakeholders and seek their inputs ...

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EU President calls for Energy Savings over Job Cuts
EU President calls for Energy Savings over Job Cuts

Wednesday 5th May 2010

SPANISH Prime Minister and rotating President of the European Union, José Luis Rodríguez Zapatero, stated that during ‘a serious economic crisis’ changes should be made through a ‘new culture’ of energy saving before requiring sacrifices from workers.

 He made these comments on Tuesday at the Covenant of Mayors ceremony, which commits ...

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Nigeria needs to become Energy Efficient
Nigeria needs to become Energy Efficient

Tuesday 4th May 2010

The Director-General of Energy Commission of Nigeria, Professor Abubakar Sambo, has emphasised the need for energy efficiency and conservation in the country. Professor Sambo highlighted this need at the official commissioning and the foundation laying ceremony of the National Centre for Energy Efficiency and Conservation in Lagos. Sambo reveled to his ...

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Indian Government Plan
Indian Government Plan "White Certificates" for Energy Efficiency

Tuesday 4th May 2010

THE Indian government will introduce sector-wise energy efficiency and unit-wise consumption targets for nine notified sectors in the first part of 2011. This is intended to be just the first step towards actioning a proposed market-based mechanism using energy saving certifications to encourage efficiency improvements across energy-intensive industries. The industrial sectors that ...

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UN Call for more Energy Efficiency to Secure Future for All
UN Call for more Energy Efficiency to Secure Future for All

Friday 30th April 2010

A UN press release yesterday stated in part: A global effort to scale up investment in clean, efficient energy and bring affordable energy services to the 1.6 billion people worldwide currently lacking them would go a long way towards stopping climate change and achieving the Millennium Development Goals, United Nations Secretary-General Ban ...

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Encouragement for China to Tackle Energy Efficiency
Encouragement for China to Tackle Energy Efficiency

Thursday 29th April 2010

CHINESE Premier Wen Jiabao has called for greater efforts to fulfill the energy-saving and emission reduction goals set out in the nation's 11th Five Year Plan. The plan was laid out in 2006 which stated that China will cut its per unit GDP energy consumption by 20 percent compared with 2005 ...

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Small Business Can Make Major Savings on Energy
Small Business Can Make Major Savings on Energy

Friday 23rd April 2010

THE U.S. Small Business Administration (SBA) estimates small businesses across the nation spend more than $60 billion on energy each year, so reducing energy use can have a major impact on your bottom line. The SBA report that small businesses that invest strategically in energy efficiency measures can save 10 to ...

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Russia Waking Up to Energy Efficiency Problems
Russia Waking Up to Energy Efficiency Problems

Wednesday 21st April 2010

RUSSIAN authorities are beginning to recognise the unsustainability of an economic model based on natural-resource extraction, and to understand that improvements in energy efficiency would boost long-term economic competitiveness. According to the European Bank for Reconstruction and Development, Russia uses more than seven times as much energy per unit of ...

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Energy Efficiency Spending to Grow
Energy Efficiency Spending to Grow

Tuesday 20th April 2010

SPENDING on energy efficiency is projected to grow as the economy improves and businesses ramp up capital spending. This is the result of a survey conducted by Johnson Controls who contacted more than 1,400 executives in North America about energy costs, carbon-mitigation plans and energy-efficiency spending trends. The survey found that improving ...

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East Asia -
East Asia - "Winds of Change: East Asia's Sustainable Energy Future"

Tuesday 20th April 2010

EAST Asia can stabilise its greenhouse gas emissions by 2025 without sacrificing growth, a new World Bank report says. But, the report warns, the region would need an additional investment of $80 billion a year, a figure it refers to as a "major hurdle", to reach a sustainable energy growth path. The ...

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Call for Australia to Save $1 Billion Through Energy Efficiency
Call for Australia to Save $1 Billion Through Energy Efficiency

Tuesday 20th April 2010

ENERGY efficiency advocates in Australia have called for the country to immediately adopt a national target to save at least $1 billion every year through energy efficiency, by 2012. Industry and NGO organisations including the Energy Efficiency Council (EEC), Australian Alliance to Save Energy (A2SE), and Total Environment Centre (TEC) say ...

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Benefits of Energy Management and Efiiciency Recognised
Benefits of Energy Management and Efiiciency Recognised

Monday 19th April 2010

THE financial wisdom of becoming energy efficient has been highlighted today by Process Engineer magazine. In an article discussing the cost of Carbon Capture Schemes and how they are in the early stages of development the magazine points out the importance of industry, in particular, and commerce becoming energy efficient as ...

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Report Advises Businesses to Start Energy Saving Now
Report Advises Businesses to Start Energy Saving Now

Friday 16th April 2010

A new report suggests that business leaders need to address their business energy efficiency and improve it quickly in order to meet carbon reduction goals. A study from independent analyst research firm Verdantix reveals that rising energy prices, the threat posed by climate change and the increasing risk of energy supply ...

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South Korea firming up Energy Efficiency
South Korea firming up Energy Efficiency

Wednesday 14th April 2010

THE government of South Korea wants companies to set annual energy-saving and greenhouse gas-reduction plans to help efforts to combat global warming. Companies will face fines of as much as 10 million won ($8,969) if the targets aren’t met, the South Korean Ministry of Knowledge Economy stated today. The South Korean government ...

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Europe Target Energy Savings
Europe Target Energy Savings

Wednesday 14th April 2010

Europe can cut greenhouse gas emissions by 80% and reduce its energy bill by 350 billion Euros ($476 billion) a year by 2050, if it acts within five years, reported from the European Climate Foundation in Brussels today. The cost of energy per unit may fall as much as 30% by ...

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Billions Could be Saved in Southern U.S. through Energy Efficiency
Billions Could be Saved in Southern U.S. through Energy Efficiency

Tuesday 13th April 2010

A report released on Monday revealed the substantial savings to be made through the application of energy efficiency across 16 southern U.S. States. "The question always arises as to how much wasted energy can be eliminated, and at what cost," said Marilyn Brown of the Georgia Institute of Technology. "We've tried ...

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Thai Hospitals to make Healthy Energy Savings
Thai Hospitals to make Healthy Energy Savings

Monday 12th April 2010

MORE than 1,300 private and public hospitals across Thailand are expected to participate in a new energy-saving programme, according to the Thailand Department of Alternative Energy Development and Efficiency (DEDE). Krairit Nilkuha, the department's director-general, said the Energy and the Public Health Ministries would offer advice to the hospitals on applying ...

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Massive Savings from Energy Efficiency for Texas
Massive Savings from Energy Efficiency for Texas

Monday 12th April 2010

THE US state of Texas would avoid having to build 17 power plants by 2020 if it adopts strict energy-efficient guidelines for businesses, and homes, now a new study is expected to reveal today, according to Dallas News. Texans could save a combined $13.7 billion on their utility bills and create ...

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Tokyo sets Lead for National Government
Tokyo sets Lead for National Government

Thursday 8th April 2010

TOKYO aims to slash its harmful greenhouse gas emissions by 2020, which is 25 percent compared with 2000 levels. The program caps energy-related carbon dioxide emissions from some 1,330 offices and factories in the capital and allows for trading of emissions credits. The move by Tokyo, whose energy consumption is about the ...

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