Energy Exchange

Investor Confidence Project Releases Software Provider Credential To Boost Energy Efficiency Market

By EDF Blogs / Published: October 9, 2014

By: Jeff Milum, ICP Director of Marketplace Development

In virtually all established markets, from car loans to timeshares, standardization and automation has helped to accelerate underwriting, reduce long-term liability, and spur investment. The potential energy efficiency market is estimated at $1 trillion, but in order to achieve a fraction of this, the energy efficiency industry will need to leverage standardization and automation in order to scale to this level.

EDF’s signature energy efficiency initiative, the Investor Confidence Project (ICP), is accelerating the development of a global energy efficiency market by standardizing how Investor Ready Energy Efficiency™ projects are developed and energy savings estimates are calculated.

As a part of this effort, ICP is pleased to announce the release of the ICP Software Provider Credential, which will standardize the process of developing and documenting energy efficiency projects. Read More »

Red River Rivalry: What Oklahoma Gas & Electric can Teach Texas Utilities

By Marita Mirzatuny / Published: October 9, 2014

Fall is in the air, the State Fair of Texas is in full swing, and the annual meeting of the University of Texas (UT) and the University of Oklahoma (OU) will occur at Dallas’ Cotton Bowl this weekend. One of the greatest football rivalries in the Big 12, UT and OU have been battling it out since 1900. Even the governors of both states frequently place bets on the game, like the losing governor having to present a side of beef to the winning governor.

And, while Sooners and Longhorns may not easily take advice from each other, Texas utilities should take a few lessons from Oklahoma Gas & Electric (OG&E). OG&E is Oklahoma’s regulated utility serving over 800,000 customers in Oklahoma and western Arkansas.

Here in Texas, we are proud of many things from our “don’t fence me in” ethos and wide-open landscapes to our self-reliance and abundant natural resources. Not too many states have the type of pride that Texas possesses (kitschy or otherwise). That pride extends to our innovative energy utilities as well, like Green Mountain Energy, Austin Energy, and CPS Energy in San Antonio, all of which are helping lead the state into the new energy sphere. Read More »

Posted in Clean Energy, Demand Response, Renewable Energy, Texas / Read 2 Responses

Mad Global Props: The International Energy Agency Hearts ICP

By EDF Blogs / Published: October 9, 2014

By: Panama Bartholomy, Director of ICP Europe

The Investor Confidence Project (ICP), was recognized by the International Energy Agency (IEA), a global organization for 29 member countries, in its annual energy efficiency report, released today.

The IEA’s Energy Efficiency Market Report 2014 highlighted ICP as a program that will accelerate the development of a global energy efficiency finance market, saying in its energy efficiency finance chapter that the EDF initiative will “facilitate a global market for financings by institutional investors that look to rely on standardized products.”

For investors, the IEA puts the financial market for energy efficiency in the range of $120bn, with the launch of new products, such as green bonds, corporate green bonds, energy performance contracts, and expanded sources of finance likely to expand that figure. Lending from multilateral development banks and bilateral banks alone amounted to more than $22bn in 2012. Read More »

Posted in Energy Efficiency, Energy Financing, Investor Confidence Project / Comments are closed

Finding Gold in the Value Chain

By EDF Blogs / Published: October 9, 2014

By: Victoria Mills, Managing Director of EDF Climate Corps

Energy efficiency is a goldmine, but not everyone has the time or resources to dig. That’s why for the past seven years, over three hundred organizations have turned to EDF Climate Corps for hands-on help to cut costs and carbon pollution through better energy management. And every year, the program delivers results: this year’s class of fellows found $130 million in potential energy savings across 102 organizations.

But this year we also saw something new. In addition to mining efficiencies in companies’ internal operations, the fellows were sent farther afield – to suppliers’ factories, distribution systems, and franchisee networks. What they discovered demonstrated there is plenty of gold to be found across entire value chains, if companies take the time to mine it.

Here are three places where EDF Climate Corps fellows struck gold: Read More »

Posted in Clean Energy, Energy Efficiency / Read 1 Response

North Carolina is well positioned for EPA’s Clean Power Plan

By Greg Andeck / Published: October 8, 2014

A majority of Americans endorse setting limits on carbon emissions from the nation’s power plants, which account for the single largest source of carbon pollution in the U.S. The United States is on the verge of doing just that with EPA’s proposed Clean Power Plan.

Nationally, the plan will reduce carbon emissions from power plants 30 percent below 2005 levels by 2030. However, these carbon-reduction mandates vary from state-to-state, which will cumulatively lead to a nation-wide reduction of 30 percent.

In North Carolina, where I live, the plan requires the state to reduce absolute carbon emissions about 21 percent by 2030 from a 2012 baseline, according to an analysis by Bloomberg New Energy Finance. Read More »

Posted in Air Quality, Clean Energy, Climate, North Carolina, Renewable Energy / Read 1 Response

Why Military Veterans are Uniquely Primed for Climate Action

By Stephanie Kline / Published: October 8, 2014

Most veterans’ climate action advocacy is not motivated only by traditional environmental issues, but also by lives lost during fuel transports amid increasing global conflicts.

My advocacy is motivated by both, and as a veteran, I’m inspired by increased opportunities to promote clean energy policies that support energy security, resiliency, and military readiness.

Climate change affects us in multiple ways, not the least of which is geopolitically. Rising global temperatures are, in fact, one of the fastest-growing threats to national security.

This is why the U.S. Armed Forces are actively responding to the threat of climate change, as are many veterans who leave the military with a strong understanding of how climate issues can drive or alter missions. Read More »

Posted in Clean Energy / Comments are closed