Energy efficiency is a ‘win-win’ for investors Green Biz, July 11, 2017 Between now and 2050, the biggest contribution to global emissions reduction has to come from economy-wide energy savings. But investment levels in energy efficiency (despite modest rises) still lag those in renewable energy generation by a large margin. And the International Energy Agency […]
Category: Finance
A Green Bank Primer
Jeff Perkins, ERS, for Zondits Green banks are organizations created to stimulate private investment in clean energy projects. They can be public, public-private, or private and can have different objectives, products, and approaches depending on the mission defined at their creation. Interest in green banks is increasing, and they have been created in a number […]
Energy Efficiency Thrives in Local Governments & Organizations
Daniel Pidgeon, ERS, for Zondits With the appointments from the Trump administration over the past month or so, the future for energy efficiency growth looks bleak at the federal level. Despite such uncertainty, the fact remains that many initiatives happen much closer to home, as various state and local governments take matters into their own […]
Inclusive Financing Removes Financial Barriers for Efficiency
Opening Energy Efficiency To All With Inclusive Financing Alliance to Save Energy, January 25, 2017 More than a third of US residents are effectively locked out of financing programs for energy efficiency, especially renters and those homeowners who can neither afford to pay upfront for efficiency upgrades nor take on debt.1Â Similar barriers affect businesses […]
California Seeks to Invest $1B into EV Infrastructure
Daniel Pidgeon, ERS, for Zondits Southern California Edison, Pacific Gas & Electric, and San Diego Gas & Electric are seeking a combined $1B over the next five years (in addition to $200M already going towards electric vehicle charging infrastructure) to help the state meet its electric vehicle targets and carbon reduction goals. This figure would […]
PACE Financing Begins to Take Off in Michigan
Making energy efficiency projects pay off, right away Michigan Radio, January 5, 2017 The U.S. EPA estimates that companies in Michigan waste up to a third of the energy they buy because of inefficient buildings and equipment. But most of the companies just keep paying those high energy bills, month after month, because they can’t […]
Brooklyn Apartment Complex Combines PV, Fuel Cells, and Storage for Microgrid
Gita Subramony, ERS, for Zondits Marcus Garvey Apartments in Brooklyn will soon be the site of a hybrid distributed energy system. The housing complex developed and owned by L+M Development Partners will receive a project loan from the New York City Energy Efficiency Corporation (NYCEEC) to add fuel cells and storage to the existing PV […]
Energy Investments Get Results
Clean Energy Investments Pay Off Big Time, New Study Shows NRDC, November 15, 2016 Some have contended that driving down climate-altering carbon pollution inevitably means hefty cost penalties for utility customers, as renewable energy and energy efficiency replace fossil-fueled power plants (many on the verge of extreme old age), but my former NRDC colleague Sierra […]