Originally published on Sustainnovate. By Henry Lindon Global energy efficiency investment will reach the $5.8 trillion mark by the year 2030, according to a new report from the International Renewable Energy Authority (IRENA). By that point, yearly energy efficiency investment will total around $385 billion, according to the report. Show More Summary
An expert argues that investment in renewable electricity now outstrips that in fossil fuels, and that increasing numbers of policies to improve the efficiency of energy use and to make energy systems more flexible are pointing to a global momentum in the adoption of sustainable energy systems.
According to the World Economic Forum, “Organizations that set public energy or carbon reduction goals were twice as likely to have invested in energy efficiency or renewable energy in the past year and were three times more likely to increase investment in clean energy technologies in the next year.”
We applaud the effort in the Clean Energy Incentive Program to reinforce the critical role of renewable energy in the Clean Power Plan and in our communities, especially by prioritizing low-income energy efficiency investments. The program incentivizes early investments and puts the wellbeing of people and communities first. Show More Summary
The urgency of climate change demands solutions that work. So, a clear-eyed assessment of how well policies and programs perform is critical, no matter the results. Using rigorous evidence to inform policy design and implementation is the only way to ensure that we effectively confront climate change. read more
Billions of euro of public finance are being committed to energy efficiency. According to the International Energy Agency, private investors and lenders are also ‘increasingly interested’ in investing in energy efficiency. Key drivers...Show More Summary
Over the last 40 years, the state of California has been investing in energy efficiency initiatives, to the tune of about $1 billion per year, and these efforts have saved its residents some $90 billion in utility costs, created “hundreds...Show More Summary
Too many customers view utility pricing (and its regulation) as skewed toward the utility. And too many customers have invested in energy efficiency without seeing the anticipated savings as utilities raise rates and change rate designs.
Thirteen companies took a public stand for climate action at the White House recently, pledging to reduce heat-trapping emissions, increase clean energy investments, improve efficiency, and support efforts to reach a global climate agreement this year in Paris. read more
We recently released a paper presenting the findings of a first-of-its kind, randomized controlled evaluation of the returns to some common residential energy efficiency investments. The study’s context is the nation’s largest residential energy efficiency program, the Weatherization Assistance Program. read more
OSLO (Reuters) - More efficient energy use and investments in greener cities are among 10 measures that can help the world to slow global warming while also spurring economic growth, an international report said on Tuesday.
Decades prove energy efficiency programs deliver benefits to consumers and the environment - and these benefits far exceed the costs. A new working paper about a single federal efficiency program for low-income residents in Michigan is generating a lot of hype, but does nothing to contradict these basic facts. read more
Through a randomized controlled trial of more than 30,000 households in Michigan -- where one-quarter of the households were encouraged to make residential energy efficiency investments and received assistance -- economists find that the costs to deploy the efficiency upgrades were about double the energy savings.
Want to save some green while going green? You may want to start with solar: a source of renewable energy that’s more affordable now than ever. As one of the most energy efficient resources in the country, solar is one of the best long term and that a
Bank partners with CEFC to offer cut-price loans to SMEs on energy-saving investments.
At Abu Dhabi Sustainability Week this year, there was a lot of talk about low oil prices and how they may (or may not) be threatening cleantech investments. One thing that I think was not emphasized enough was how the shaky investment...Show More Summary
Japan’s increased focus on smart grid deployment, as part of its plans to boost energy efficiency and power generation from renewable sources, will drive the country to become one of Asia-Pacific’s top markets in smart grid development, says research and consulting firm GlobalData. Source: Japan’s $21 Million Microgrid Investment Boosting Renewable Sector, says GlobalData
A first-of-its kind study nails down the true cost of energy efficiency investment, and it paints a bright picture for energy efficient lighting.
On Tuesday, just hours before the start of Earth Day, Congress showed there is bipartisan support for smart energy policy. By voice vote, the House of Representatives passed the Energy Efficiency Improvement Act of 2015, which mandates energy efficiency improvements through stronger residential and commercial building codes and other means. The Senate passed the measure […]
Japan’s increased focus on smart grid deployment, as part of its plans to boost energy efficiency and power generation from renewable sources, will drive the country to become one of Asia-Pacific’s top markets in smart grid development, says research and consulting firm GlobalData. The company’s latest report states that Japan was among the first countries […]