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

Energy Saving News

£350 Million Boost To Retrofit UK Commercial Buildings
£350 Million Boost To Retrofit UK Commercial Buildings

Monday 15th March 2010

Non-domestic buildings In the UK currently account for around 18% of the country’s emissions, with most of the buildings over 10 years old and unlikely to be compliant with current or future efficiency standards. Hence, the UK’s Carbon Trust is looking to raise £350 million for the refurbishment of commercial ...

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Venezuela Power Crisis Continues
Venezuela Power Crisis Continues

Monday 15th March 2010


Venezuela is undergoing its worst-ever power crisis, leading President Hugo Chavez to declare a national emergency. The worsening situation has lead the government to impose drastic rationing, and penalties for those who fail to cut energy consumption by 20 percent. 

The population of Caracas are having to do whatever they can to ...

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The Ups & Downs of Saving Energy
The Ups & Downs of Saving Energy

Friday 12th March 2010

The UK’s Guardian newspaper runs several blogs and this week Dave Hill’s blog had an interesting post after he received an email from a regular reader which is of interest to those involved in energy saving. The email describes an experience he had on Wednesday evening this week in one of ...

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Energy Efficiency Means A Hot Bath & a Cold Beer
Energy Efficiency Means A Hot Bath & a Cold Beer

Friday 12th March 2010

"Nobody really wants to buy electricity, but they sure want a hot bath and cold beer. "Efficiency is about wasting less to make sure that you have the hot bath and the cold beer." These words were spoken by Harvey Sachs, of the American Council for an Energy-Efficient Economy, during CERAWeek in ...

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Watts, Volts, Amps, Joules and now the Rosenfeld?
Watts, Volts, Amps, Joules and now the Rosenfeld?

Thursday 11th March 2010

Art Rosenfeld's has been called the father of energy saving and efficiency and now his name is being suggested as a term for a new energy measurement unit - the Rosenfeld, but more on that shortly, who is Art Rosenfeld? Apparently back during an oil crisis in 1973, on a Friday, ...

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China Emphasise Stricter Energy Conservation
China Emphasise Stricter Energy Conservation

Thursday 11th March 2010

Xie Zhenhua, Vice Minister of the National Development and Reform Commission, reveled on Wednesday that the Chinese government will adopt stricter measures to boost energy conservation during 2010 to attain the goal set by a new five-year plan. "It's the last and decisive year for us to realise the goals set ...

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330,000 Jobs This Year In U.S. From Energy Efiiciency Program
330,000 Jobs This Year In U.S. From Energy Efiiciency Program

Wednesday 10th March 2010

Proposed U.S. federal energy efficiency jobs provisions would create about 333,000 jobs in 2010 and then 184,000 jobs in 2011 as funding begins to ramp down, according to a new analysis released today by the American Council for an Energy-Efficient Economy (ACEEE). The proposed programs include commercial and residential retrofit programs ...

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Singapore Industry Must Monitor & Manage Energy Use
Singapore Industry Must Monitor & Manage Energy Use

Wednesday 10th March 2010

Singapore has announced steps the country will be taking to improve energy-efficiency in the industrial and commercial sector. Energy-hungry companies will be required to monitor their energy usage, appoint an energy manager and draw up plans to improve efficiency. This new regulation was announced by the Environment and Water Resources Minister, ...

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Energy Efficiency Favoured for Funding
Energy Efficiency Favoured for Funding

Tuesday 9th March 2010

Commercial money is tight, but not quite as tight when projects involve increasing energy efficiency. Some innovative financing techniques are emerging to allow customers to make improvements without incurring initial out-of-pocket costs. Energy efficiency has emerged as the most palpable and least controversial way to make environmental changes, although the ...

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$40 Million Energy Efficiency Boost for New York's Education, Health & NPOs
$40 Million Energy Efficiency Boost for New York's Education, Health & NPOs

Tuesday 9th March 2010

New York Governor David A. Paterson unveiled an investment of $40 million to tackle energy efficiency in the Empire State’s schools, universities, colleges, hospitals and not-for-profit agencies. The 118 projects lined up are expected to see a $13.5 million annual reduction in energy and operating costs, which will provide a full ...

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23% Energy Saving & 17% ROI on Building Retrofit
23% Energy Saving & 17% ROI on Building Retrofit

Monday 8th March 2010

Gordon Holness, President of ASHRAE, in recent presentations cited the McKingsley Report, which indicates that if the U.S. were to spend $170 billion on the retrofit of existing buildings it would save, on average, 23 percent of all building energy use and get a 17 percent return on investment. He went ...

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Report Claims Financial Blindness to Industrial Energy Saving Benefits
Report Claims Financial Blindness to Industrial Energy Saving Benefits

Monday 8th March 2010

Claims that even small greenhouse gas targets will hurt industry have been undermined by an Australian government report that revealed basic efficiency improvements would cut nationwide emissions and save businesses more than $700 million. An assessment of 199 large energy users found improving efficiency could stop at least 6.4 million tonnes ...

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Six Times More Businesses Affected By New Legislation
Six Times More Businesses Affected By New Legislation

Friday 5th March 2010

According to the Financial Times the UK government has underestimated by up to six times the number of businesses affected by the new CRC Energy Efficiency (Carbon Reduction Campaign) greenhouse gas emissions legislation, with the scheme due to start on April 1. For more than a year government ministers stated that ...

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$3 Million Boost for San Francisco Energy Efficiency
$3 Million Boost for San Francisco Energy Efficiency

Thursday 4th March 2010

Mayor Newsom has announced that San Francisco has secured $2.9 million in federal funds to compensate the cost of commercial energy efficiency programs. New funding will add incentives already offered with the GreenFinanceSF program. The program will be launching in early April, once the grant is in place, then applicants ...

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China Faces Energy Dilemma
China Faces Energy Dilemma

Thursday 4th March 2010

Like many countries in the developing world, China faces a series of fundamental dilemmas related to energy and electricity use. Growing consumption of energy and services not only bolsters the Chinese economy, but also exposes it to volatile prices and potential disruptions in supply. Providing electricity to rural villages alleviates energy ...

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Local Authority Looks to Save Energy
Local Authority Looks to Save Energy

Thursday 4th March 2010

Municipalities are big energy users - they run all sorts of energy hungry facilities and services, from street and public lighting through to large leisure centres. Due to this diversity of energy use local authorities need to become more energy efficient to meet emission targets and reduce costs to local tax ...

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Health Trust Launches Energy Saving Campaign
Health Trust Launches Energy Saving Campaign

Wednesday 3rd March 2010

A National Health Service (NHS) Trust in Coventry in the East Midlands of the UK have launched an energy saving campaign. The Coventry and Warwickshire Partnership NHS Trust – which runs the areas mental health services, is aiming to cut its carbon emissions by 10 per cent enabling it to meet ...

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Hong kong Study Will Look To Energy Efficiency For Emission Reductions
Hong kong Study Will Look To Energy Efficiency For Emission Reductions

Wednesday 3rd March 2010

Hong Kong’s Secretary for the Environment Edward Yau revealed that the HK Government is carrying out a climate change consultancy study. The study will assess the likely impact of climate change on Hong Kong, outlining options to further reduce greenhouse gas emissions, particularly through energy efficiency, and adapt to climate change. Yau ...

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American Report Highlights Energy Efficiency for a Quick Result
American Report Highlights Energy Efficiency for a Quick Result

Tuesday 2nd March 2010

The American Council for an Energy Efficient Economy expects there to be a $250 billion market for efficiency upgrades in the commercial and industrial sector over the next decade. A founding father of energy efficiency policy in the U.S., Art Rosenfeld, is a CalCEF (California Clean Energy Fund) board member and ...

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Governments Struggle with Energy Saving Plans
Governments Struggle with Energy Saving Plans

Tuesday 2nd March 2010

Governments should be in the best position to drive through with energy saving and carbon reductions, but their best laid plans do not always work (no surprise there). China and Venezuela have both seen reversals, though the latter was a little ambitious.

 News just released reveals that China's total energy consumption surged ...

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Billions Available For Energy Saving From U.S. Stimulus Fund
Billions Available For Energy Saving From U.S. Stimulus Fund

Monday 1st March 2010

Knoxville in the U.S has recently conducted an extensive energy audit and they are about to find out which of 99 city buildings are wasting the most energy. Their timing couldn't have been better with a flood of U.S. federal government stimulus money earmarked for energy efficient measures will be available ...

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US Stimulus Fund - Billions Available For Energy Efficiency
US Stimulus Fund - Billions Available For Energy Efficiency

Monday 1st March 2010

Knoxville in the U.S has recently conducted an extensive energy audit and they are about to find out which of 99 city buildings are wasting the most energy. Their timing couldn't have been better with a flood of U.S. federal government stimulus money earmarked for energy efficient measures will be available ...

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Carbon Reduction Commitment To Save £1 Billion Annually
Carbon Reduction Commitment To Save £1 Billion Annually

Monday 1st March 2010

“There’s just one month to go until the start of the CRC (Carbon Reduction Commitment) which will see large public and private sector organisations cutting emissions as well as saving money on fuel bills.  This is a real opportunity for business and industry to take a leadership role in tackling ...

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Energy Efficiency The Way To Go
Energy Efficiency The Way To Go

Friday 26th February 2010

Distributed Energy magazine has published a very interesting editorial that recognized the importance of new energy generation and distribution but admitted that energy efficiency is the way ahead. Editor, Elizabeth Cutright, stated: The smart grid and renewables capture our imagination, but it’s energy efficiency that’s affecting real change, right now—and the public ...

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Medvedev Wants Incentives For Russian Energy Efficiency
Medvedev Wants Incentives For Russian Energy Efficiency

Thursday 25th February 2010

TASS Reports - Amendments in the Russian environmental laws should be aligned with the energy efficiency matters, Russian President Dmitry Medvedev said on Thursday. Amendments in the environmental legislation should be accompanied by measures to encourage businesses to invest into modernization of their production facilities to bring them up to the ...

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