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Thursday 26th June 2014
THE UK Green Investment Bank (GIB) and its fund manager Sustainable Development Capital LLP (SDCL) yesterday announced £1m of funding to help SMEs to make investments in energy efficiency. The £1m will be matched by another £1m from SI Capital R&S1, with the £2m invested into ReEnergise Finance Ltd’s Smart ...
Wednesday 25th June 2014
A MAJOR new UK construction industry coalition has urged for improvement in the energy efficiency of UK building stock, with the government committing to retrofit a million homes a year by 2020. In an open letter to the UK infrastructure minister Lord Deighton, 20 organisations from the construction, housing and environment ...
Tuesday 24th June 2014
THE French government have introduced an much expected bill to cut the country’s reliance on nuclear energy and fossil fuels. The bill is the focus of Environment Minister Ségolène Royal, who wishes to reduce France’s energy use by 50% by 2050, based on 2012 figures, and reduce fossil fuel use by ...
Monday 23rd June 2014
THE IEA (International Energy Agency) report that China may reach investment as high as $1.6 trillion by 2035, to finance energy efficiency and savings, accounting for 15% of global spending. Fatih Birol, the Chief Economist and Director of Global Energy Economics for IEA , talked about the report in Beijing at ...
Friday 20th June 2014
THE European Bank for Reconstruction and Development (EBRD) is helping to address Jordan’s acute energy shortage with an investment that will increase the efficiency of energy consumption in the country’s water sector. A $ 3 million EBRD loan to local energy service companies (ESCOs) will finance projects in water and waste ...
Thursday 19th June 2014
THE Government of the Republic of Kazakhstan and the World Bank yesterday signed a US$ 21.7 million Grant Agreement for the Kazakhstan Energy Efficiency Project. The Agreement provides for the implementation of the four-year project to assist the Republic of Kazakhstan in creating a favorable policy environment to help build the ...
Wednesday 18th June 2014
A 40% energy efficiency target for 2030 would grow Europe’s economy by 4% a year, deliver an annual 3.15% employment boost and cut fossil fuel imports by €505 billion annually. This is reported by EurActiv and is based on claims by sources with access to a report prepared for the EU’s ...
Tuesday 17th June 2014
TURKEY’S government is to offer incentives for energy saving efforts as it looks to save 15 billion lira by reducing energy consumption annually according to Energy Minister Taner Yıldız. Yildiz revealed the plan at a meeting on energy efficiency, commenting that improving it would earn the country’s economy about 65 billion ...
Monday 16th June 2014
THE EBRD is deepening its support for sustainable energy investments in the Slovak Republic with a €20m loan to Slovenska Sporitelna, a.s. (SLSP), one of the country’s leading banks. The funds is to be targeted at private companies for renewable energy projects and energy efficiency in industry and buildings. The loan ...
Friday 13th June 2014
AN English boarding and day school aims to save £330,000 through a new ‘Mission for Energy Efficiency’, reports Energy Live News. Milton Abbey School, in Dorset, has up to 300 pupils and targets the savings through the installation of energy saving and renewable technology, including a biomass boiler, water harvesting technology, ...
Thursday 12th June 2014
THE Cape Breton District Health Authority in Nova Scotia will save an estimated $245,000 a year in energy costs after completing several energy efficiency projects. As part of a partnership with Efficiency Nova Scotia, an independent non-profit organization, trained energy efficiency professionals worked on-site with the District Health Authority to identify ...
Wednesday 11th June 2014
Agriculture Secretary Tom Vilsack announced that the U.S. Department of Agriculture (USDA) is seeking applications from rural small businesses and agricultural producers for funding to make energy efficiency improvements or to install renewable energy systems. The funding announced is being provided through USDA’s Rural Energy for America Program (REAP). Investments from ...
Tuesday 10th June 2014
THE New South Wales (NSW) Government have announced improvements to its Energy Savings Scheme (ESS), that encourages reductions in electricity consumption and costs of installing energy saving technology. Suppliers of equipment can provide discounts to customers on energy efficient products and then claim credits. These credits can then be bought ...
Friday 6th June 2014
THE International Energy Agency (IEA) has calculated that to meet the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035. This gigantic amount is the conclusion of a special report on investment released this week by the IEA as part of the ...
Thursday 5th June 2014
THE Romanian Parliament is to adopt an energy efficiency ruling inline with the European Union Energy Efficiency Directive, enforcing businesses to apply energy efficiency strategies. Iulian Iancu, president of the Romanian Industry and Services Commission in the countries Chamber of Deputies, stated there is a need for a law on energy ...
Wednesday 4th June 2014
THE American Council for an Energy-Efficient Economy (ACEEE) has made a statement in response to the U.S. Environmental Protection Agency’s (EPA) proposal to reduce carbon pollution from existing power plants. Steven Nadel, ACEEE executive director, stated: “Energy efficiency is the cheapest, cleanest, and most readily available energy resource to help states ...
Tuesday 3rd June 2014
ENERGY efficiency is not only the quickest and lowest-cost way to address security and environmental issues; it is also one of the best ways to meet surging energy demand. With energy consumption growing over 5% a year in many Arab countries including the southern and eastern Mediterranean (SEMED) region, the International ...
Monday 2nd June 2014
THE U.S. Environmental Protection Agency (EPA) released the third edition of a report, ‘Climate Change Indicators in the United States’ pulling together observed data on key measures of the environment. The data includes U.S. and global temperature and precipitation, ocean heat and ocean acidity, sea level, length of growing season, and ...
Friday 30th May 2014
INEFFICIENT energy management policies and management systems are leaving companies and public-sector organisations “wide open” to major financial risk, claim international certification body BM TRADA. Spiralling energy costs, growing concern over energy security and increasing regulatory pressure to reduce carbon emissions are making the need for greater energy efficiency a “necessity, ...
Thursday 29th May 2014
THE European Commission has reacted to the crisis in Ukraine and the EU´s energy import dependence by advocating a new European Energy Security Strategy, as we recently predicted. Diversifying external energy supplies, upgrading energy infrastructure, completing the EU internal energy market and saving energy are among its main points. The strategy ...
Wednesday 28th May 2014
THE European Bank for Reconstruction and Development (EBRD) is to provide a loan in Azerbaijan to support the Caucasus Energy Efficiency Program (CEEP). The EBRD stated that the energy efficiency loan ($5 million) will finance sub-loans to eligible corporates and individuals for business and residential energy efficiencyiprojects. The project will allow Demirbank’ ...
Tuesday 27th May 2014
THE U.S. Energy Department’s Better Buildings Neighborhood Program has helped more than 40 state and local governments upgrade more than 100,000 buildings saving over $730 million on utility bills. Supported by the Recovery Act, the Energy Department’s Better Buildings Neighborhood Program worked with 41 competitively selected state and local governments and ...
Friday 23rd May 2014
DISTILLERIES in Scotland are to benefit from a £5 million fund to help them become more sustainable and environmentally friendly. The UK Green Investment Bank (GIB) is providing £5m of funding for a pipeline of energy efficiency projects at a number of Scottish distilleries. Half of this will come from GIB, ...
Thursday 22nd May 2014
IRELAND’S Cork Airport’s energy efficiency program took off in 2009, and they can now report a total energy consumption saving of 35%, delivering €575,000 in annual savings. The airport’s efforts see them ranked in the top 2% of best performers of 190 Irish public organizations by the Sustainable Energy Authority of ...
Wednesday 21st May 2014
INDIA has a new Government, leading The Energy Resources Institute (TERI) to make energy efficiency recommendations, amongst others, for the new administration to consider. TERI state in their proposals that nergy efficiency measures can be implemented on the energy supply as well as demand side across the energy intensive end-use consuming ...