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Breaking Article - Posted 161 hrs ago
EU - Sign Off of Three Major Clean Energy Files
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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 ...
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% ...
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 ...
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 ...
Friday 31st January 2014
2degrees have released their Sustainable Business Trends Tracker report which highlights that some of the world’s biggest corporations are missing the chance to save energy and money. 2degrees, a leading community for sustainable business, revealed that businesses have missed opportunities to cut energy costs through failures to implement energy saving measures. ...
Thursday 30th January 2014
THE Mayors from 10 major U.S. cities yesterday announced they will undertake a united effort to significantly boost energy efficiency in their buildings. This is a move that combined could cut as much climate change pollution as generated by 1 million to 1.5 million passenger vehicles every year, and lower energy ...
Wednesday 29th January 2014
UK entrepreneurs are set to benefit from a share of £10 million to help bring innovative energy efficient products to market, Minister of Energy and Climate Change, Greg Barker announced. Small and medium size enterprises within the energy efficiency, building technologies, power generation and energy storage sectors are invited to bid for ...
Tuesday 28th January 2014
THE Royal Bank of Scotland is offering UK small businesses energy efficiency loans from a new fund along with advice to help firms cut their energy bills. The scheme, launched yesterday, is accessible to any small to medium size UK enterprise that completes an energy audit. The loan will cover upfront ...
Monday 27th January 2014
LAST week the Laredo City Council, Texas, accepted $62,589 in incentive money due to its 2013 participation in the AEP Texas CitySmart Program. The program has been designed to help Texas municipalities save energy and money by providing no-cost facility improvement recommendations. The program also offers financial incentives based on the total ...
Friday 24th January 2014
DESPITE budget constraints, U.S. Mayors expect to significantly expand their investment in energy efficiency technologies over the next five years, according to a new survey of nearly 300 cities. The survey, titled 'Energy Efficiency and Technologies in America's Cities', highlights how cities are deploying new energy technologies to make their city ...
Thursday 23rd January 2014
OVERNIGHT the European Commission announced the EU blocs latest climate and energy targets. The targets currently in place run through to 2020, these new goals will continue to 2030. A reduction in greenhouse gas (GHG) emissions by 40% below the 1990 level, an EU-wide binding target for renewable energy of at ...
Wednesday 22nd January 2014
A GE study revealed that an 8% improvement in energy efficiency would aid Saudi Arabia to save more than $1.3 billion over 10 years. Added to this, the study also notes that a 10% reduction in oil consumption by 2030 can be reached through other energy efficiency improvements allowing another 255 ...
Tuesday 21st January 2014
REVENUES for the building energy management solutions market will grow by 19 percent over the next four years according to TechSci Research. TechSci Research, who provide research based consulting solutions, forecast in a report that a double-digit rise will take place due to a combination of progressive government policies and a ...
Monday 20th January 2014
THE EBRD’s Turkish Sustainable Energy Financing Facility (TurSEFF) shows how, with the right mix of financing mechanisms, one can achieve substantial changes in energy use, emissions, and fuel mix. Turkey has become one of the key countries for the EBRD’s Sustainable Energy Initiative (SEI) in just a few years, a ...
Friday 17th January 2014
GLOBAL energy demand continues growing, but it is slowing, mainly driven by emerging economies led by China and India according to the BP Energy Outlook 2035, which was published yesterday. The Outlook sets out BP’s view of the most likely developments in global energy markets, beyond 2030 to 2035, based on ...
Thursday 16th January 2014
OFFICIALS of the Saudi Arabian Ministry of Commerce and Industry (MCI) confiscated 40,000 air conditioners from shops and stores as they do not comply with the country’s energy efficiency standards. MCI inspectors did the rounds checking the air conditioning in markets and shops over the last few days and will continue ...
Wednesday 15th January 2014
THE Organization for Economic Co-operation and Development (OECD), who represent the world’s richest nations, report that their members have limited environmental damage, but not enough. Carbon dioxide emissions need to drop over the next 10 years to reduce the threat of global temperatures reaching dangerous levels, but the OECD report, ‘Environment ...
Tuesday 14th January 2014
U.S. energy related carbon dioxide emissions rose about 2% in 2013 after declining for several years, according to the U.S. Energy Information Administration (EIA). The EIA, the analytical branch of the U.S. Department of Energy, reports that the increase is due primarily because of an increase in coal consumption in power ...
Monday 13th January 2014
THE International Renewable Energy Agency (IRENA) believes that the success of Gulf states in achieving their renewable energy goals could create 116,000 jobs annually in the Middle East until 2030. IRENA pointed out that the Gulf countries have started executing renewable energy projects and setting long-term goals to encourage the ...
Friday 10th January 2014
AUSTRIA has embarked upon an ambitious programme for improving the energy performance of buildings, which covers both rehabilitation and new construction projects. Comprehensive promotional programmes are being co-financed by the European Investment Bank (EIB) under an EUR 150m framework loan. The contract for an initial EUR 50m tranche was signed today ...
Wednesday 8th January 2014
THE Alabama Department of Environmental Management (ADEM) is providing the City of Florence with $5.8 million financing to support energy efficiency upgrades at one of their drinking water pumping stations. The funding will be in the form of low interest loans and grants, with $315,000, coming from a clean air ...
Tuesday 7th January 2014
A CALL for a new renewable energy target from eight EU energy ministers has been made to Günther Oettinger, European Commissioner for Energy, and Connie Hedegaard, European Commissioner for Climate. In a letter sent at the end of December the eight ministers tried to count a years resistance to an extension ...
Monday 6th January 2014
THE U.S. Department of State last week submitted the “2014 U.S. Climate Action Report” to the United Nations Framework Convention on Climate Change (UNFCCC). The report details actions the United States is taking domestically and internationally to mitigate, adapt to, and assist others in addressing climate change. The “2014 U.S. Climate Action ...
Friday 3rd January 2014
IN response to high demand for energy efficiency loans in Moldova, the European Bank for Reconstruction and Development (EBRD) is extending a further €7 million to one of the country’s banks for on-lending to private companies. BC Mobiasbancă - Groupe Société Générale SA will have the funds available to lend to ...
Thursday 2nd January 2014
THE hospitality and hotel industry is often at the cutting edge of energy saving and efficiency, due to the high energy use in hotel environments. Setting an example is Barcelona’s SB Plaza Hotel Europa a four star hotel, which opened on October 31, 2013, and is rated with an 'A' energy ...