Selected category: Energy Efficiency

Desperately Seeking Monopoly Protection

11513503393_78e4c159c3_zThey say crises don’t test your character, they reveal it. I believe they do the same thing to your vision of the future. Times are tough for Ohio’s FirstEnergy, and CEO Chuck Jones is signaling where he wants the utility to be in the future: the past.

First, we need to look back to last year, when Jones pushed the Ohio legislature to halt state efficiency and renewable energy standards that helped reduce electricity demand and saved Ohio customers millions of dollars.

This year, Jones’ vision quest is a $3 billion bailout – to be paid for by his customers – that would guarantee the purchase of power generated by FirstEnergy’s older and costlier power plants. In a recent op-ed, Jones argued that the deal would secure Ohioan’s energy independence. Read More »

Also posted in Clean Energy, FirstEnergy, Ohio, Renewable Energy, Utility Business Models| Read 5 Responses

The Clean Power Plan: A Ticket to the Top

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Paxson Woelber

With the Environmental Protection Agency’s now final, the era of unlimited carbon pollution from America’s power plants is finally coming to an end.

With the Environmental Protection Agency’s Clean Power Plan now final, the era of unlimited carbon pollution from America’s power plants is finally coming to an end.

That’s excellent news, because climate change has put us in the race of our lives – and the countries that move the fastest toward clean energy will be the most competitive, create the most jobs and have the healthiest air. It’s a race to the top, and the Clean Power Plan gives the United States a better chance of winning.

Below are excerpts from an op-ed in today’s Wall Street Journal where I lay out the opportunities this groundbreaking initiative will bring to our nation.
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Also posted in Clean Energy, Clean Power Plan, Climate, General, Renewable Energy| Comments are closed

How Does the Investor Confidence Project Work? Check Out Our New Factsheet

By: Max Wycisk

ICP Logo newestThe Investor Confidence Project (ICP), Environmental Defense Fund’s (EDF) signature buildings efficiency finance program, is sometimes hard to explain in a nutshell. Ultimately, the program aims to create confidence among investors financing energy efficiency projects by standardizing how projects are designed and implemented across the commercial buildings sector. But how do we get from the origination of a project to a successful return on investment?

Our new ICP factsheet aims to answer this question and more. We’ve even developed this helpful infographic depicting a step-by-step process for using the ICP system: Read More »

Also posted in Clean Energy, General, Investor Confidence Project| Comments are closed

Don’t Write Off Energy Efficiency. It’s Just About to have its Day.

By: Matt Golden, Senior Energy Finance Consultant

pgegreenenergy-smartmeterA few days ago, economists from the University of Chicago and the University of California, Berkeley released a study that called into question the cost-effectiveness of energy efficiency. The study was based on the team’s analysis of energy savings shortfalls in the Michigan low income Weatherization Assistance Program. Since then, a host of articles have used the study’s results to call into question the value of utility-sponsored energy efficiency programs.

While this study did raise some thought-provoking points, it also contained biased assumptions and reached conclusions that far exceed its scope, lumping together market-based efficiency with low-income weatherization programs. Read More »

Also posted in California, Clean Energy, Energy Financing, Illinois, Investor Confidence Project, Smart Grid| Read 14 Responses

Bringing The Pope’s Climate Encyclical to Life, a Church at a Time

SacredHeartLast week’s papal encyclical on climate change galvanized those of us who already see responsible stewardship for the earth as both a moral mandate and business imperative. In the 184-page document, Pope Francis calls for a sweeping overhaul of political, economic, and individual practices to halt the degradation of the environment and protect our planet for the long term.

The pope's sweeping vision is sure to prompt churches, people of faith, and a whole range of organizations to rethink their actions with regard to use of energy, water, and other natural resources. But already, religious organizations have been working quietly and steadily to effectively manage their environmental impact, in keeping with the established theological tradition of moral economic development and use of resources.

Take Gene Murphy of Prescott, Arizona, as a prime example of someone sitting at the intersection of religion, sustainability, and business. As the business manager for the Sacred Heart Parish in the Diocese of Phoenix, Gene has developed scalable solutions for his church and school that could and should be replicated across all churches, schools and relevant organizations. Read More »

Also posted in Clean Energy, Climate, Energy Financing, Renewable Energy| Comments are closed

Building Blocks of a True Energy Efficiency Market Now in Place

By: Matt Golden, Senior Energy Finance Consultant

qa provider logos2The Investor Confidence Project (ICP), an Environmental Defense Fund initiative designed to unlock investment in energy efficiency, announces the launch of the ICP Quality Assurance Credential for companies with the skills, training, and experience to provide independent review of ICP projects.

This last of three key credentials authorizes third-party Credentialed Quality Assurance providers to verify that a project conforms to a set of ICP protocols, as well as certify it as an Investor Ready Energy EfficiencyTM project. The completion of the ICP credentialing system marks a crucial step forward for ICP and the standardization of the commercial and multifamily energy efficiency industry.

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Also posted in Clean Energy, Energy Financing, Investor Confidence Project| Comments are closed
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