Energy Efficiency Investment
One of the distinctions we often make between energy and energy efficiency is that energy acts more like a cost, and energy efficiency acts more like an investment. Like most investments, energy efficiency works by using an up front expense to generate a stream of economic benefits. Every year, our Energy Efficiency Finance Forum conference looks at ways to manage these up-front costs and how to use that stream of benefits to turn energy efficiency into a viable investment market.
The 2016 International Scorecard is almost here. Tune in next week to see the Olympics of energy efficiency
As world-class athletes descend on Rio for the 2016 Olympic Games, twenty-three countries are vying in a very different arena to become leaders in energy efficiency.
Electric energy efficiency programs have grown substantially in the last ten years. As they’ve grown, leaders have emerged. In our new report, Big Savers: Experiences and Recent History of Program Administrators Achieving High Levels of Energy Savings, we showcase 14 of these leaders. The report is not an exhaustive review of every leading utility or program administrator, nor is it a ranking system. Instead, we tell the story of these 14 through analysis of performance data and discussions with program managers.
As the stock market soared to new heights after the Great Recession, so too did energy efficiency financing. Our new paper, Energy Efficiency Finance: A Market Reassessment provides an overview of structures that are working in the energy efficiency finance industry today, which markets still remain elusive, and what opportunities the future may hold.
Even when the economy is doing well, economic growth and job creation always seem to be at the center of focus for policymakers at every level of government. So it’s only natural that when energy efficiency policies and programs are being discussed one of the questions that often comes is how will proposed initiatives affect jobs.
How energy efficiency investment creates a ripple effect of multiple benefits for businesses beyond energy savings
Everyone knows that energy efficiency results in saving energy, but evidence points to an array of wider benefits. The term “multiple benefits” has emerged to describe the additional value that emerges with any energy performance improvement. The benefits that occur onsite can be especially meaningful to manufacturing, commercial, and institutional facilities. Energy efficiency’s positive ripple effects include increased productivity and product quality, system reliability, and more.
This summer was a scorcher. Heat waves repeatedly struck the Midwest and South, sparing only sections of the Northeast. All of California is still in a drought. Cities were especially hot due to their concentration of buildings and human activity, a phenomenon called the urban heat island effect. At times, it may have felt impossible to beat the heat.
ACEEE Executive Director Testifying Before House Energy and Power Subcommittee Today on “The Economic Impacts of State Energy Policies”
Washington D.C.—At a congressional hearing today, Steven Nadel, executive director of ACEEE, said that “states are stepping out and leading energy efficiency efforts in the United States as a way to save energy, lower consumer bills, and promote economic development.”
In his testimony, Nadel noted that there are large opportunities for cost-effective energy efficiency investments, investments that can aid economic development by:
U.S. Places 13th Out of 16, Behind Australia, India, and South Korea; Germany Wins “World Cup” of Energy Efficiency: 2nd International Scorecard Evaluates 16 Leading World Economies on 31 Categories.