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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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Commercial Property Energy Efficiency Upgrades worth $190 Billion
Commercial Property Energy Efficiency Upgrades worth $190 Billion

Thursday 14th October 2010

A NEW report has estimated that the market potential for energy efficiency retrofits or upgrades in commercial real estate in the U.S. is projected be worth $190 billion over the next ten years. The report from the Urban Land Institute (ULI), entitled "New Tools. New Rules”, acknowledges that retrofitting commercial building ...

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New Energy Efficiency Legislation for Uganda
New Energy Efficiency Legislation for Uganda

Thursday 14th October 2010

THE UGANDAN government is in the process of drafting a bill to enhance energy efficiency across the country, so said State Minister for Energy, Mr Simon D’Ujanga. D’Ujanga, speaking at the opening of a two-day regional energy efficiency conference in Kampala yesterday, stated: “When the Bill is passed into law, it ...

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$2.3 Trillion Indian Energy Efficiency Plan
$2.3 Trillion Indian Energy Efficiency Plan

Wednesday 13th October 2010

INDIA is to spend $2.3 trillion as a boost to its energy sector by 2030 through improving  energy efficiency and the use of clean technology which will help the country balance growth with environmental aims. India needs to continue burning cheaper fossil fuel to be able to expand the reach of ...

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Industry Leaders Propose Energy Efficiency Task Force
Industry Leaders Propose Energy Efficiency Task Force

Wednesday 13th October 2010

INDUSTRY leaders from some of Europe’s leading companies operating in the energy efficiency sector have met with the EU Energy Commissioner, Günther Oettinger to investigate further cooperation on energy efficiency. 

 The senior business executives are members of the Energy Efficiency Industrial Forum (EEIF) and urged Commissioner Oettinger to focus on ...

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EU Energy Efficiency Needs Big Investment
EU Energy Efficiency Needs Big Investment

Tuesday 12th October 2010

THE EUROPEAN Union's (EU) aim of increasing energy efficiency 20% by 2020 is way off target and they will need to invest EUR1 trillion to meet its climate change targets. This is all according to a draft document seen by the Dow Jones Newswire today. The document will be made public ...

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Governments are Losing Out on Energy Efficiency Savings
Governments are Losing Out on Energy Efficiency Savings

Tuesday 12th October 2010

MANY governments are losing out on huge savings because they fail to capitalise on the full potential of energy efficiency, so claim the International Energy Agency (IEA). The new IEA series Policy Pathways: Showing the way to energy efficiency implementation looks to bridge this energy efficiency implementation gap. Presenting the new series ...

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Maldives Need Energy Efficiency for Development
Maldives Need Energy Efficiency for Development

Monday 11th October 2010

MALDIVES’ President Mohamed Nasheed has called for improvements in energy efficiency plus investment in renewable energy, with the aim of reducing electricity bills and dependence on imported oil. President Nasheed was addressing the “Eco-Symposium”, held in Baa atoll, which aimed to explore how the travel and tourism industry, vital to the ...

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South Africa Facing Black Outs
South Africa Facing Black Outs

Monday 11th October 2010

SOUTH AFRICA’S Department of Energy has warned that the country will suffer from rolling power black outs unless urgent steps are take to implement energy efficiency and alternative energy sources. The magnitude of South Africa’s power problems were highlighted last week when the department revealed the country’s electricity system was running ...

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Australia needs Carbon Price to Achieve Desired Energy Efficiency
Australia needs Carbon Price to Achieve Desired Energy Efficiency

Friday 8th October 2010

AUSTRALIA’S Federal Government commissioned a report which states that the country should increase its energy efficiency by 30 per cent over the next decade. The report by the Australian prime minister's taskforce was handed to the cabinet in July but is published today and states that the best way to achieve ...

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India gets new Energy Efficiency Finance Package
India gets new Energy Efficiency Finance Package

Friday 8th October 2010

INDIA has a new financial product aimed at driving investment into energy-efficiency projects performed by Indian energy saving businesses. With Indian energy demand expected to climb by 60 percent between 2003 and 2016, there is a significant need for energy saving solutions across India and this new arrangement will provide a ...

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Energy Efficiency Sweet Pill  saves Pfizer $2.6 million in 2009
Energy Efficiency Sweet Pill saves Pfizer $2.6 million in 2009

Thursday 7th October 2010

PHARMACEUTICAL giant Pfizer has announced that it saved on average $1.4 million annually by installing energy-efficient light fixtures, timers and occupancy sensors in just one of its facilities. Pfizer’s Kalamazoo, Michigan facility made the saving each year between 2004 and 2009, with savings last year alone totaling $2.6 million, according to ...

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Australian Commercial Property Energy Ratings Loom
Australian Commercial Property Energy Ratings Loom

Thursday 7th October 2010

AUSTRALIAN commercial building landlords are preparing themselves for November 1 and the start of the new disclosure requirements for up-to-date energy efficiency information on commercial buildings. Back in July we reported on these pages that the Building Energy Efficiency Disclosure Bill was due to be passed by the Australian Parliament. The ...

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Energy Efficient Lighting Systems for Government Agencies
Energy Efficient Lighting Systems for Government Agencies

Wednesday 6th October 2010

AN ENERGY-EFFICIENT lighting system will be installed in the main offices of 35 government agencies as part of the Philippine government’s clean energy project. Philippines Energy Secretary Jose Rene D. Almendras revealed this week that the initiative will produce and expected annual savings of over US$500,000. According to Philippine Department of Energy’s ...

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Energy Legislation could hit Profits
Energy Legislation could hit Profits

Wednesday 6th October 2010

INDIAN industrial companies need to take serious energy efficiency measures if they do not wish to have their profits hit by proposed new energy conservation legislation. The Energy Conservation (Amendment) Bill 2010 looks set to kick-starting India's Perform, Achieve and Trade (PAT) scheme, which lays down efficiency targets for energy-intensive industries. The ...

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Namibia Looks to Strengthen Energy Efficiency of its Buildings
Namibia Looks to Strengthen Energy Efficiency of its Buildings

Tuesday 5th October 2010

THE NAMIBIA Energy Efficiency Programme (NEEP) held a workshop on Monday as part of their efforts to implement a much needed energy efficiency buildings strategy for the southern African republic. "Energy conservation is an unending and all encompassing effort that must be embraced and implemented by all sectors of the society," ...

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State Government Buildings to Save 25 per cent of Energy
State Government Buildings to Save 25 per cent of Energy

Tuesday 5th October 2010

PUNJAB state government buildings in northern India are looking forward to energy savings of between 20-25 per cent via efforts by the state’s energy efficiency agency. Having received a 5 star rating from the Indian Bureau of Energy Efficiency (BEE) for its office building, The Punjab Energy Development Agency (PEDA) is ...

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Property Developer Enjoys 23 Per Cent Energy Savings
Property Developer Enjoys 23 Per Cent Energy Savings

Monday 4th October 2010

AN ENERGY efficiency drive by a commercial property developer based in Victoria, British Columbia, Canada, has slashed their energy bill by 23 per cent. The Vancouver Sun reports on Jawl Properties and the results of an energy audit of their 14 commercial buildings in Victoria. The newspaper states that the ...

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Energy Audits Lead to Energy Savings
Energy Audits Lead to Energy Savings

Monday 4th October 2010

BRUNEI business leaders and decision makers have been learning how to save energy, money and the environment through energy audits and energy management. Brunei's Director of Electrical Services, Hj Jamain Hj Julaihi, highlighted during the Promotion of Energy Efficiency and Conservation seminar-workshop that energy audits on buildings identify areas where energy ...

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Report Highlights Importance of Energy Efficiency for the Future
Report Highlights Importance of Energy Efficiency for the Future

Friday 1st October 2010

DENMARK’S energy future lies in energy efficiency and renewables according to a report from the government’s climate commission. The report by the Klimakomissionen states that the ever increasing costs of fossil fuels and green house gas reduction actions, if combined with improved energy efficiency, makes the cost of the change “surprisingly ...

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U.S. Programme on Energy Awareness Starts
U.S. Programme on Energy Awareness Starts

Friday 1st October 2010

OCTOBER is Energy Awareness Month in the U.S., issues associated with energy conservation will be addressed to kick-start energy efficiency across the nation leading to financial and environmental savings. The 2010 Energy Awareness Month theme is POWERING AMERICA; We're On Target. The theme shows how, across the nation, Federal agencies continue ...

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Energy Efficiency can Power Latin America's Growth
Energy Efficiency can Power Latin America's Growth

Thursday 30th September 2010

At a major Forum in Mexico energy efficiency has been highlighted as Latin America’s new growth engine as the continent progresses with a 5-6 per cent expansion rate, as it recovers from global recession. The importance of energy efficiency was discussed at the Energy Efficiency and Access Forum held in Mexico ...

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Call for Binding EU Energy Efficiency Targets
Call for Binding EU Energy Efficiency Targets

Thursday 30th September 2010

The European Union is being enjoined to use 25 per cent less energy by 2020, in an action designed to escalate the debate on energy efficiency. Peter Liese, a German centre-right MEP, has produced a report calling on the European Commission to draft legislation for a mandatory 25 per cent energy-efficiency ...

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Office Buildings and Large Hospitals can cut Energy by 50%
Office Buildings and Large Hospitals can cut Energy by 50%

Wednesday 29th September 2010

U.S. COMMERCIAL buildings and large hospitals can cut their energy use by at least 50 per cent, saving millions, according to reports from the Department of Energy (DOE). Two technical reports published by the U.S. DOE’s National Renewable Energy Laboratory recommend simple energy saving measures to produce much needed reduction in ...

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China to Keep up Energy Efficiency Measures
China to Keep up Energy Efficiency Measures

Wednesday 29th September 2010

CHINA has been criticised for their recent Iron Fist approach towards energy savings but they vow to continue, albeit by more conventional methods, during their next five year plan. China, is now the world’s biggest energy user and polluter despite their efforts during their current five year plan, which ends this ...

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CRC Energy Efficiency Scheme Needs Simplifying
CRC Energy Efficiency Scheme Needs Simplifying

Tuesday 28th September 2010

THE UK’s Committee on Climate Change has recommended that the UK government re-designs the Carbon Reduction Commitment (CRC) energy efficiency scheme before the second phase, primarily to reduce its complexity. The mandatory CRC scheme was introduced in April this year to force UK businesses like banks, hotels, hospitals and schools ...

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