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European Spending on Energy Efficient Building Technologies to Rise to $112Bn

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Story Released 9:37pm 16/10 European Spending on Energy Efficient Building Technologies to Rise to $112Bn

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Plenty of Investment in UK Energy Sector
Plenty of Investment in UK Energy Sector

Tuesday 5th November 2013

IN the Olympic year, private sector investment in the UK energy sector rose to £11.6bn, equivalent to building 20 Olympic Stadiums, according to a report from EY for EnergyUK. The report - Powering the UK 2013 - which looks at the sector’s total economic, investment and employment contributions to the UK, ...

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Financial Energy Efficiency Boost for Balkans
Financial Energy Efficiency Boost for Balkans

Monday 4th November 2013

BALKAN states are receiving a €10 million energy efficiency boost thanks to the European Bank of Reconstructions and Development (EBRD). UniCredit Bank d.d. Mostar is joining the new Western Balkans Sustainable Energy Efficiency Facility II (WeBSEFF II) with the loan from the EBRD. The funds will be on-lent to private and ...

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Boost for Brazilian Energy Efficiency Measures
Boost for Brazilian Energy Efficiency Measures

Friday 1st November 2013

BRAZILIAN companies are receiving a boost to invest in energy efficiency measures from the Global Environment Facility (GEF) and the Inter-American Development Bank (IDB). $1.6 million in guarantees has been issued under the Energy Efficiency Guarantee Mechanism, which is a credit tool which the IDB uses. They use their credit rating ...

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Egypt Needs to Recognize Benefits of Energy Efficiency
Egypt Needs to Recognize Benefits of Energy Efficiency

Thursday 31st October 2013

EGYPT is facing many problems but efforts toward a green economy could provide a tremendous boost for the country and the environment. Estimates predict around 700,000 jobs would be produced over the next 15 years from the energy efficiency and green industries. This offers hope to the multitude of citizens currently ...

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UK Business Leaders Warning Letter to Prime Minister
UK Business Leaders Warning Letter to Prime Minister

Wednesday 30th October 2013

LEADERS from 50 of the UK’s leading companies and institutions operating in the built environment are warning the Prime Minister not to scale back so called green levies on energy bills. In a letter to David Cameron coordinated by the UK Green Building Council, chief executives from a range of firms, ...

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ADB Funds Asian Business Energy Efficiency Expansion
ADB Funds Asian Business Energy Efficiency Expansion

Tuesday 29th October 2013

HOSPITALS, hotels, malls, and many other businesses in Southeast Asian countries are expected to adopt cost-effective, energy-saving solutions through energy efficiency projects funded by ADB (Asian Development Bank). ADB at the end of last week signed a multicurrency loan worth $20 million for energy efficiency projects. This innovative and flexible loan ...

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EBRD Energy Efficiency Funding Boost for Russian SMEs
EBRD Energy Efficiency Funding Boost for Russian SMEs

Monday 28th October 2013

THE European Bank for Reconstruction and Development (EBRD) is lending 1.7 billion Roubles to UniCredit Leasing Russia (UCLR) to finance new leases to energy efficiency projects. UniCredit Leasing Russia (UCLR) is one of the top leasing companies in Russia, and will target the loans at small and medium-sized enterprises (SME) in ...

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Energy Efficiency Improvement Needed for Lithuania and EU
Energy Efficiency Improvement Needed for Lithuania and EU

Friday 25th October 2013

ENERGY efficiency improvements are vital for Lithuania to boost the countries economy and bring it in line with the European Union according to vice minister of energy Zydrune Juodkiene. Juodkiene stressed the importance of energy efficiency during the CONCERTO conference (the European Commission initiative within the European Research Framework Program), its ...

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UN Secretary General Calls for Commitments on Energy Efficiency
UN Secretary General Calls for Commitments on Energy Efficiency

Thursday 24th October 2013

UNITED Nations Secretary-General, Ban Ki-moon stated yesterday that the world is at a “tipping point,” and how it produces, distributes and uses energy will determine if sustainable development succeeds. Ban was highlighting that climate financing, in particular new public-private partnerships, increased investment and enhanced market development. “Promoting energy efficiency will realize massive ...

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EU Eastern Partnership Energy Efficiency Boost
EU Eastern Partnership Energy Efficiency Boost

Wednesday 23rd October 2013

ARMENIA, Georgia and Moldova have joined the Eastern Europe Energy Efficiency and Environment Partnership (E5P) to significantly boost their support for energy efficiency and the reduction of harmful emissions. During a pledging conference held Monday this week at the European Investment Bank (EIB) in Luxembourg, the international donor community raised ...

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EU Acknowledges Future Role of Energy Efficiency
EU Acknowledges Future Role of Energy Efficiency

Tuesday 22nd October 2013

THE draft European Parliament report on a 2030 framework for climate and energy policies, rightly acknowledges the future role of energy-efficiency policies in the 2030 climate and energy framework. The draft report produced jointly by the ENVI (environment, public health and food safety) and ITRE (industry, research and energy) committees, is ...

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Jamaica to Speed Up Public Sector Energy Efficiency
Jamaica to Speed Up Public Sector Energy Efficiency

Monday 21st October 2013

THE Jamaican Government is looking to speed-up the provision of energy saving solutions under the Public Sector Energy Efficiency and Conservation programme. Jamaica’s Principal Director in the Ministry of Science, Technology, Energy and Mining, Fitzroy Vidal, said that work under the programme is “fairly advanced.” “We are going to do as much ...

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Energy Efficiency and Green Industry Top Agenda
Energy Efficiency and Green Industry Top Agenda

Friday 18th October 2013

GREEN industry and energy efficiency are at the core of sustainable industrial development, said participants at an international conference that opened in Seoul today. The one-day event was organized by the Republic of Korea’s Ministry of Trade, Industry and Energy (MOTIE), the Korea Energy Management Corporation (KEMCO) and the United Nations ...

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Energy Efficiency a Fuel
Energy Efficiency a Fuel

Thursday 17th October 2013

THE scale of global investment in energy efficiency and its contribution to energy demand are as significant as those of other developed supply-side resources according to a new report. The International Energy Agency (IEA) yesterday unveiled the inaugural Energy Efficiency Market Report which for the first time describes the wide range ...

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Energy Efficiency Technology Boost for Belarus
Energy Efficiency Technology Boost for Belarus

Wednesday 16th October 2013

ENERGY efficiency equipment worth €4 million will be delivered to Belarus, the Head of the EU Delegation to Belarus, Maira Mora revealed to BelTA yesterday. The equipment will be supplied under the EU’s project “Support in the field of norms and standards related to energy efficiency of consumer goods and industrial products”, and ...

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Building Energy Efficiency In Asia
Building Energy Efficiency In Asia

Tuesday 15th October 2013

BUILDING owners in Asia markets are motivated by savings and government programs to drive energy efficiency decisions, according to the 2013 Energy Efficiency Indicator (EEI) study by Johnson Controls. The survey revealed a 10 percent increase in interest in energy efficiency since 2010 in Asia, and a lack of capital and ...

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Energy Efficiency Saves NY Schools $37M Annually
Energy Efficiency Saves NY Schools $37M Annually

Monday 14th October 2013

THE New York Power Authority’s (NYPA) Energy Services for Schools Program has saved school districts roughly $37 million dollars in energy costs annually. The NYPA revealed the success of their program to highlight the significant economic and environmental benefits from increased investments in energy efficiency and clean energy technologies at public ...

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UK On Shaky Track to Energy Targets
UK On Shaky Track to Energy Targets

Friday 11th October 2013

THE UK Government claims the country is on track to reduce emissions by 34% by 2020 due to Government reforms towards a low-carbon economy, despite disputes over energy policy. UK Secretary of State, Edward Davey, yesterday revealed the Government’s assessment of progress made in reducing emissions across each sector of the ...

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EU States Need to Keep Up Energy Efficiency Efforts
EU States Need to Keep Up Energy Efficiency Efforts

Thursday 10th October 2013

EUROPEAN Union States have had mixed progress in achieving three climate and energy targets for 2020 according to a new report. These findings come from new European Environment Agency (EEA) assessments, and are published in their report 'Trends and projections in Europe 2013'. The report examines EU progress in meeting energy efficiency ...

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Property Firm Sponda Hit Energy Saving Targets
Property Firm Sponda Hit Energy Saving Targets

Wednesday 9th October 2013

FINNISH property investment company Sponda Plc achieved reduction in energy consumption throughout its properties The energy consumption of the properties included in Sponda's Energy Efficiency Program has decreased in line with previously set targets. Sponda also expects its future targets for reducing the ecological footprint of its business premises to ...

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U.S. ESCO Market to Reach $8.3 Billion
U.S. ESCO Market to Reach $8.3 Billion

Tuesday 8th October 2013

ACCORDING to a new report, Navigant Research concludes that growth in the U.S. ESCO market will see annual revenue grow from $4.9 billion in 2013 to almost $8.3 billion in 2020. Eric Bloom, Senior Research Analyst with Navigant Research stated:  “Difficulties imposed on key customer segments, such as municipalities, by weak economic ...

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LED Retrofit for Dubai Municipality
LED Retrofit for Dubai Municipality

Monday 7th October 2013

MORE than 260 of Dubai’s municipal buildings will be retrofitted with energy-efficient LED lighting, saving at least 50% on the municipality’s lighting energy bill. The Khaleej Times reports that officials predict a 10.5GWh saving per year, delivering a reduction of 6,200 tonnes of CO2 emissions annually. The retrofits will take over three ...

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Smart Lights for Crossmolina, Ireland
Smart Lights for Crossmolina, Ireland

Friday 4th October 2013

IRISH Energy Minister, Pat Rabbitte, switched on smart street lighting in the town of Crossmolina in County Mayo yesterday. Crossmolina was picked as a pilot town to test a new public lighting initiative, in a first-of-its-kind venture for Ireland. The target is for long term savings for the town and Mayo ...

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IEA Urge Improved Energy Efficiency for SE Asia
IEA Urge Improved Energy Efficiency for SE Asia

Thursday 3rd October 2013

THE International Energy Agency (IEA) yesterday called for Southeast Asian countries to take "serious action" to improve energy efficiency due to their fast growing energy consumption. The rapidly rising energy use in the region is leading to a sharp rise in the region’s dependence on oil imports and a reduction in ...

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Kosovo Receives Energy Efficiency Funding Boost
Kosovo Receives Energy Efficiency Funding Boost

Wednesday 2nd October 2013

THE European Bank for Reconstruction and Development (EBRD) is launching the Kosovo Sustainable Energy Projects Framework (KoSEP), with €12 million finance and €3 million from the EU Office in Kosovo. The framework has been designed to encourage small and medium-sized enterprises to invest in energy efficiency technology and the rational use ...

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