Monthly Archives: February 2014

Meeting Retrofit Chicago’s Energy Goals: Three Key Constituencies

This commentary originally appeared on the EDF Climate Corps Blog.

ellen_bell287x377Following the lead of mayors and governors across the country, last month the President announced energy as a priority for the year. By focusing on energy management, organizations are contributing to the transformation of energy use in the country, saving billions in energy costs and cutting greenhouse gas emissions.

Mayor Rahm Emanuel’s Retrofit Chicago initiative, aimed at reducing participating buildings energy use in the city by 20 percent within the next five years, is a compelling example of this. For this reason, EDF Climate Corps, an innovative summer fellowship program that places specially trained graduate students in organizations to save energy and related costs, is working to recruit organizations in Chicago this month.

To ramp up energy savings in the area, EDF Climate Corps has already signed on AT&T, McDonald’s Corporation, Shorenstein Properties and Jones Lang LaSalle. Each summer, EDF Climate Corps fellows evaluate organizations for energy savings opportunities with many of them uncovering stakeholder engagement as a key savings opportunity.

After 400 EDF Climate Corps engagements, the program has found that there are three key constituencies to tap into for energy management:

Read More »

Posted in Clean Energy, Climate, Demand Response, EDF Climate Corps, Energy Efficiency, Energy Financing, Illinois, On-bill repayment, Renewable Energy / Comments are closed

Record-Setting ‘PACE’ for Commercial Buildings in California

iStock_000008305519XSmallLos Angeles Mayor Eric Garcetti and Hilton Hotel executives were all smiles last week, and for good reason: they had just cut the ribbon on the completion of a $7 million energy efficiency upgrade to the Universal City Hilton – the largest project of its kind in the U.S.

LA’s record-setting project is the third in a string of major commercial building retrofits in California in just the past two years, all thanks to Property Assessed Clean Energy (PACE), a program that allows customers to finance clean energy upgrades and pay them back, over time, on their property tax bills.

What’s made PACE so successful is that it allows customers to avoid the sizeable up-front costs of major building upgrades, while saving energy and money. Read More »

Posted in California, Clean Energy, Energy Efficiency, Energy Financing, State / Tagged , | Comments are closed

How Electric Vehicles are Strengthening the Texas Power Grid and Improving Air Quality

Marita Mirzatuny

This commentary originally appeared on our Texas Clean Air Matters Blog.

San Antonio’s Southwest Research Institute (SwRI) brings Texas the latest example of an intelligent, demand-side resource that can play an active role in the power grid and offset the use of fossil-fuel power plants. Late last month, SwRI announced that its innovative vehicle-to-grid system got the green light from the Electric Reliability Council of Texas (ERCOT), the grid operator, to participate in the state’s electricity market. This system is able to control the charging and discharging for a fleet of electric delivery trucks, meaning that when the supply of electricity struggles to meet demand, the intelligent vehicle charging system can simply stop charging (thus lowering demand). This technology will significantly increase grid reliability, thanks to its quick response time, and effectively deter the need for firing up another dirty power plant.

In order to avoid a blackout, the supply of electricity to the power grid must equal the electric demand from customers. Conventionally, this balance is maintained by power plants that remain on stand-by, ready to respond at a moment’s notice. Every hour of the day, ERCOT precisely controls these power plants to keep the grid balanced. In the process, a power plant has to rapidly increase or decrease its power output, which decreases its efficiency and increases its carbon and pollution footprint, much like an a car revving its engine. Read More »

Posted in Clean Energy, Demand Response, Electric Vehicles, Grid Modernization / Tagged | Comments are closed

EDF’s Energy Efficiency Protocols Serve as a Model at ESCO Europe 2014

By: Matt Golden, Senior Energy Finance Consultant 

1ICP LogoAs interest in and adoption of EDF’s Investor Confidence Project (ICP) protocols has continued to grow in the United States, so too has interest internationally. The Investor Confidence Project was invited to showcase our efforts at ESCO Europe, the continent’s largest conference for energy service providers. This year, the conference was held in Barcelona, Spain and drew an array of participants from across Europe and the public and private sectors, including representatives from finance companies, governments, and non-profits with interests in the energy industry.

I was privileged to serve as both a panelist in a roundtable discussion on barriers to ESCO financing, and a speaker on “Improving Access to Finance,” a well-attended session with representatives from the European Investment Bank, European Bank for Reconstruction and Development, and European Energy Efficiency Fund.

EDF was invited to attend this conference based on a series of conversations over the last year with European stakeholders facing the same barriers to investing in energy efficiency as their American counterparts. With policymakers in Europe similarly counting on a vast expansion of the market in building retrofits and an expected influx of private and public capital, there is a focus on standardization and policies that can enable capital and investors to enter the market with fewer transaction costs. Read More »

Posted in Clean Energy, Energy Efficiency, Energy Financing, Investor Confidence Project / Read 1 Response

World Bank’s Announcement of ‘Thirsty Energy’ Initiative Signals Growing Importance of Energy-Water Nexus

Kate ZerrennerEnergy and water, two of our most important global resources, are inextricably linked. And yet when it comes to planning, the regulatory agencies in charge of managing these precious resources are often separate and uncoordinated in their decision-making. With the World Bank’s recent unveiling of its Thirsty Energy initiative, it seems that the energy-water nexus is finally being taken seriously- and on a global scale.

This new initiative aims to address the interconnection between energy and water head-on by providing countries with “assessment tools and management frameworks” to help governments “coordinate decision-making” when planning for future energy and water infrastructure. Fortunately, this kind of guidance couldn’t come soon enough. Here’s a cool infographic from the Thirsty Energy website to illustrate where we are and where we’re headed: Read More »

Posted in Clean Energy, Climate, Energy Financing, Energy-Water Nexus, Utility Business Models / Read 3 Responses

Energy Efficiency Is Key to Achieving Carbon Pollution Standard

Kate Zerrenner

This commentary originally appeared on our Texas Clean Air Matters blog.

Right now, there are no limits on carbon pollution from power plants, even though these facilities were responsible for  roughly 40 percent of all U.S. carbon dioxide (CO2) emissions in 2012.

That’s why the Environmental Protection Agency (EPA) is crafting greenhouse gas (GHG) regulations for new fossil fuel-fired power plants by setting a limit on how much CO2 the plants can emit. Later this year, EPA will issue proposed CO2 “emission guidelines” for existing fossil fuel-fired power plants using various Clean Air Act tools to protect human health and to clean up our air.

To achieve significant and cost-effective emission reductions from existing power plants, EPA should look to leading states that are already implementing successful measures to reduce emissions. These measures include investing in renewable energy, harvesting energy efficiency, and utilizing more efficient and lower-emitting fossil fuel-fired units. Read More »

Posted in Air Quality, Clean Energy, Climate, Energy Efficiency, Texas / Tagged , | Read 3 Responses