energy efficiency investment News
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Latin America and the Caribbean could save US$36bn through energy efficiency investments
Latin American and Caribbean countries could save an estimated US$36 billion over the next decade by adopting affordable and available technologies to improve their energy efficiency, according to a report released today by the Inter-American Development Bank. The report estimates the productivity of energy use and compares prices for residential electricity, gasoline and diesel fuel in 24 of ...
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Efficient lighting tops energy efficiency investment league for businesses
Carbon Trust launches Green Business Directory to give reassurance to organisations investing in energy efficiency equipment and low carbon technologies Green Business Directory will make it easy for organisations to find independently accredited suppliers in what is a crowded and fast-growing market. Efficient lighting tops the list of green technology investments in a new survey from the ...
By Carbon Trust
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Energy Department announces building energy efficiency investments in twenty-two states
The Energy Department today announced new investments in state-led energy efficiency projects, supporting the Obama Administration's commitment to reduce building energy costs and transfer those savings directly to taxpayers. The Energy Department awarded nearly $14 million to 22 states and territories to conduct energy efficiency upgrades in public facilities and develop local policies and ...
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Business attitudes to energy efficiency policy options
The Carbon Trust has completed new research for the Department of Energy and Climate Change examining the attitudes of businesses in the UK to a range of potential energy efficiency policy options. The project was designed to inform the early stages of the policy development process, with a particular objective to build the evidence base on incentive policies, and to explore which types of ...
By Carbon Trust
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EBRD loan supports €700 million Severstal energy efficiency drive
The European Bank for Reconstruction and Development is, through a €300 million long-term loan, supporting a major drive by Severstal to cut the energy consumption of its Russian steelmaking operations. The project, which has a total estimated cost of €700 million, will have the added environmental benefit of reducing the group’s CO2 emissions by around 900,000 tonnes a year. The EBRD loan, the ...
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DNV GL Survey: Reduced Costs are the Top Driver for Energy Efficiency Investments by Utility Customers
DNV GL's second Trade Ally Pulse Survey, which measures the challenges and opportunities key utility partners face in the marketplace, found that a reduction in operating and maintenance costs was the most effective means to sell energy efficiency, according to the contractors that work with utilities in demand-side management (DSM) programs. The survey findings reveal how these industry, ...
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ACEEE Executive Director Testifying Before House Energy and Power Subcommittee Today on “The Economic Impacts of State Energy Policies”
At a congressional hearing today, Steven Nadel, executive director of ACEEE, said that “states are stepping out and leading energy efficiency efforts in the United States as a way to save energy, lower consumer bills, and promote economic development.” In his testimony, Nadel noted that there are large opportunities for cost-effective energy efficiency investments, investments that ...
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EU Council steps up its efforts for energy efficiency and renewable energy investments
The Council has adopted a regulation making energy efficiency improvements and renewable energy schemes eligible for support from the European Regional Development Fund (ERDF) in all member states, following a first reading agreement with the European Parliament (3619/09). The new regulation, which forms a part of the European EconomicRecovery Plan1, also provides easier access to grants ...
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IEA urges increased energy efficiency in buildings
Energy efficiency is by far the most cost-effective way to fulfil three major energy-related challenges: increased energy security, reduced energy costs and a cleaner environment. “With surging energy consumption, high energy prices and raising CO2 emissions, the imperative to improve energy efficiency is stronger than ever”, said Nobuo Tanaka, Executive Director of the International Energy ...
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Supported by Abu Dhabi Distribution Co. (ADDC), RetrofitTech Abu Dhabi was launched
Abu Dhabi (December 13, 2017) - Supported by Abu Dhabi Distribution Co. (ADDC), Abu Dhabi Water & Electricity Authority and Al Ain Distribution Company, RetrofitTech Abu Dhabi summit was launched on Monday at Westin Abu Dhabi Golf Resort & Spa. This summit is organized by Advanced Conferences & Meetings. Holley Chant the Executive Director of KEO International chaired the summit ...
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Europe 2030: energy saving to become “first fuel”
By 2030, more energy will be saved than the amount of energy consumed deriving from oil, according to a JRC analysis. Energy savings can thus be considered as "an energy source in its own right", in line with the European Commission strategy for a resilient energy union. As Europe is likely to miss the intermediary 2020 target of 20% of energy saved, the authors recommend scaling up private ...
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Market demand makes EBRD increase Severstal energy efficiency loan to EUR 600m
As a result of strong demand, a long-term unsecured energy efficiency loan to Russia’s leading steelmarker Severstal by the European Bank for Reconstruction and Development has been increased in size to €600 million from the originally planned €500 million, only three months after it was launched on the market. The highly successful syndication of the loan’s B portion was heavily oversubscribed, ...
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Media advisory - Commission on National Energy Efficiency Policy
NREL Director Dan Arvizu will discuss how increased energy efficiency can benefit the nation when the Commission on National Energy Efficiency Policy releases its recommendations Thursday, Feb. 7 in events at the National Press Club and the U.S. Capitol in Washington, D.C. Arvizu will join Sen. Mark Warner, D-Va., Tom King, President, National Grid USA, Kateri Callahan, President, Alliance to ...
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MEDIA ADVISORY: IEA to launch the Energy Efficiency Market Report, 8 October, Verona
Maria van der Hoeven Executive Director, International Energy Agency (IEA) will launch the IEA’s newest publication, Energy Efficiency Market Report on Wednesday, 8 October, 2014, 10:30 a.m. Central European Time, at the Verona Efficiency Summit Centro Congressi Veronafiere – Auditorium Verdi Viale del Lavoro 8, Verona, Italy The evidence is clear: energy efficiency has played, ...
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Investors Highlight Policies That Could Spur Multi-Billion Dollar Opportunity in Energy Efficiency Investments
Energy efficiency is estimated to be a multi-hundred-billion dollar investment opportunity in the United States, but better policies are required to unlock broad-based financing from institutional investors, who together manage approximately $70 trillion in assets globally. That is the key finding of Power Factor: Institutional Investors’ Policy Priorities Can Bring Energy Efficiency to ...
By Ceres
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EBRD support energy efficiency and SME investments in Georgia
The EBRD is lending $12 million to Cartu Bank to finance energy efficiency projects and support the development of small and medium size (SMEs) enterprises in Georgia. A $7 million credit line will be used to provide local entrepreneurs with much needed access to medium-term financing, focusing on regions outside of the capital and on sectors such as tourism, agriculture and health care. The ...
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Investors Highlight Policies That Could Spur Multi-Billion Dollar Opportunity in Energy Efficiency Investments
Energy efficiency is estimated to be a multi-hundred-billion dollar investment opportunity in the United States, but better policies are required to unlock broad-based financing from institutional investors, who together manage approximately $70 trillion in assets globally. That is the key finding of Power Factor: Institutional Investors’ Policy Priorities Can Bring Energy Efficiency to Scale, a ...
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GreenStream signed yet again an EMC investment agreement in China
GreenStream has signed another Investment Agreement in China, this time with Zhuhai S.E.Z Hongta Renheng Paper Co. Ltd., a subsidiary of the Chinese state-owned Paper giant CCT (China Paper Corporation). The Guangdong based company is a large enterprise group under the supervision of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. The agreement ...
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EBRD loan supports E-Energija’s operations
The EBRD is increasing its support for E-Energija with a €15 million loan to the private Lithuanian energy company. The funds will be used to finance E-Energija’s expansion to Ukraine and to support energy efficiency investments in Lithuania and Latvia. The EBRD expects to become a shareholder in the company with a €5 million equity investment in the next several weeks. E-Energija is ...
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Political viewpoints may influence reasons for purchasing energy-efficient products
US researchers have found that promoting the environmental benefits of energy-efficient products may actually deter some people from buying them. Since environmental issues have become politically polarised, those who hold more conservative views are less likely to purchase products that are marketed using environmental benefits, they argue. Energy-efficient products have been presented as one ...
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