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£7m Funding for UK SMEs to Cut Energy Costs

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Story Released 9:11am 25/04  £7m Funding for UK SMEs to Cut Energy Costs

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 £7m Funding for UK SMEs to Cut Energy Costs
£7m Funding for UK SMEs to Cut Energy Costs

Monday 25th April 2016

ENERGY efficient equipment grant and advice programme offers lifeline to UK SMEs struggling with energy costs   The UK’s Carbon Trust is launching a new fund providing vital capital for smaller businesses to replace old, power-guzzling equipment, together with expert advice to boost the efficiency and productivity of businesses in England, Scotland ...

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Energy Burden on Low Income Households but Energy Efficiency Can Help
Energy Burden on Low Income Households but Energy Efficiency Can Help

Friday 22nd April 2016

A review of 48 major U.S. metropolitan areas finds that low-income households devote up to three times as much income to energy costs as average households in the same city, and that energy efficiency is critical to closing the gap. The report from the American Council for an Energy-Efficient Economy (ACEEE) ...

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$60 Million Funding for Two US Energy Programs
$60 Million Funding for Two US Energy Programs

Monday 18th April 2016

THE U.S. Department of Energy’s Advanced Research Projects Agency-Energy have announced up to $60 million in funding for two new programs that aim to solve some of the nation’s most pressing energy challenges. The funding is designed to accelerate the development of novel energy technologies. The first program, NEXT-Generation Energy Technologies ...

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World Bank Group Release Climate Action Plan
World Bank Group Release Climate Action Plan

Monday 11th April 2016

THE World Bank Group announced plans to help developing countries add 30 gigawatts of renewable energy to the world’s energy capacity. 30 gigawatts is enough energy to power 150 million homes. The plans will also bring early warning systems to 100 million people and develop climate-smart agriculture investment plans for at ...

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OECD Countries Increase Renewable Electricity Generation
OECD Countries Increase Renewable Electricity Generation

Monday 4th April 2016

ELECTRICITY generation from wind and solar increased by 16% across OECD countries in 2015, according to the International Energy Agency (IEA). Total OECD electricity generation was broadly flat (up 0.3% last year), with increases in wind and solar offsetting declines of around 1% in generation from combustible fuels (including coal, gas, ...

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UK's Premier Inn to Make Big Savings Through Solar
UK's Premier Inn to Make Big Savings Through Solar

Monday 21st March 2016

WHITBREAD, one of Britain’s largest hospitality companies has completed the installation of solar panels on the rooftops of 88 of its Premier Inn hotels across the UK. This is the largest batch of solar installations Whitbread has ever undertaken and is expected to generate more than 1,326MWh of power annually, delivering ...

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Spreading Energy Efficiency Awareness in Andhra Pradesh
Spreading Energy Efficiency Awareness in Andhra Pradesh

Monday 14th March 2016

THE Indian State Government of Andhra Pradesh is pushing for improved awareness of energy efficiency goals through behavioural change for wise use of energy resources. The Hindu reports that the State Government Secretary (Energy) Ajay Jain has written letters to District Collectors to spread awareness about the energy efficiency aims and ...

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Top Priorities for Energy Chiefs
Top Priorities for Energy Chiefs

Friday 11th March 2016

THE World Energy Council’s annual survey of global energy leaders - the 2016 World Energy Issues Monitor - tracks the concerns of over 1000 global energy leaders. This year’s report identifies ‘A climate of innovation - responding to the commodity price storm’ and for the first time highlights the views ...

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Advanced Energy Growth
Advanced Energy Growth

Monday 7th March 2016

THE U.S. business group Advanced Energy Economy (AEE) announced that total revenue for global advanced energy was a record $1.4 trillion in 2015. Navigant Research produced a report on advanced energy,  which they define as high efficiency, advanced energy and energy related technologies offering secure, sustainable and clean energy for now ...

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Hanoi Promoting Energy Efficiency Across City
Hanoi Promoting Energy Efficiency Across City

Friday 4th March 2016

THE Vietnam News Service reports that the city of Ha Noi is promoting the efficient use of energy and resources by tightening management of energy-consuming equipment and vehicles. The city’s municipal Department of Industry and Trade will work with relevant agencies to supervise capacity, technology and environment standards at production facilities, ...

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Competition Drives Investment in Energy Efficiency
Competition Drives Investment in Energy Efficiency

Monday 29th February 2016

COMPETITION from Asia seems to be a key driver for investing in higher energy efficiency in manufacturing processes. This was at least one of the reasons which pushed Bossa, a Turkish textile giant operating three plants in Adana, in the south of the country, to take the issue very seriously. With a ...

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Reinventing Future Electricity Markets
Reinventing Future Electricity Markets

Monday 22nd February 2016

ELECTRICITY markets are undergoing massive transformation, as the push for low-carbon power generation shifts the industry towards high investment in renewables and other new technologies. This is the conclusion of a new report by the International Energy Agency (IEA), Re-powering Markets: Market design and regulation during the transition to low-carbon power ...

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Fund to Help UK Universities Save £210M on Energy Costs
Fund to Help UK Universities Save £210M on Energy Costs

Monday 15th February 2016

THE Revolving Green Fund backed by the UK government is an energy efficiency scheme for UK Universities, and has led to projects that are estimated to save Universities more than £210 million in energy costs In 2008 Higher Education Funding Council for England (HEFCE) and Salix Finance formed a partnership to ...

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Boost for Sustainable Energy Financing in Turkey
Boost for Sustainable Energy Financing in Turkey

Friday 12th February 2016

THE European Bank for Reconstruction and Development (EBRD) is expanding its support for sustainable energy financing in Turkey with an additional €500 million. Under the Mid-size Sustainable Energy Financing Facility (MidSEFF), now totalling €1.5 billion, funds are provided to Turkish banks in the form of loans and capital market instruments for ...

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Centre to Jump Start Ghana’s Green Economy
Centre to Jump Start Ghana’s Green Economy

Monday 8th February 2016

THE World Bank Group have announced the upcoming launch of a new Climate Innovation Center (CIC) in Accra to support Ghana’s green growth strategy. The CIC will be financed through a $17.2 million grant package recently approved by the World Bank Group. The CIC will support Ghana’s National Climate Change ...

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Morocco Opens Phase 1 of Worlds Largest Concentrated Solar Power Plant
Morocco Opens Phase 1 of Worlds Largest Concentrated Solar Power Plant

Friday 5th February 2016

MOROCCO has opened the first phase of what is set to become the world’s largest concentrated power plant (CSP). Yesterday, February 4, Morocco’s King Mohammed VI inaugurated Noor 1, the first phase of what will become the largest CSP in the world, in a ceremony attended by world and industry leaders ...

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New Three Year Energy Efficiency Plan for Massachusetts
New Three Year Energy Efficiency Plan for Massachusetts

Monday 1st February 2016

THE Massachusetts’ Department of Public Utilities has issued an order approving the 2016‑2018 Three‑Year Energy Efficiency Plans of the Commonwealth’s electric and gas distribution companies and the Cape Light Compact.  The Plan, supported by the Energy Efficiency Advisory Council, is expected to deliver an estimated $8 billion in economic, environmental ...

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£14M Fund to Improve Energy Efficiency in Scotland
£14M Fund to Improve Energy Efficiency in Scotland

Friday 22nd January 2016

A £14 million fund will allow Councils across Scotland to make homes, public buildings and businesses more energy efficient, Scotland’s Social Justice Secretary Alex Neil announced today. Scotland’s Energy Efficiency Programme (SEEP) will help improve warmth in buildings and homes, drive down energy bills and work towards reaching climate change targets. ...

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$20 Billion Geothermal Investment Needed for Ethiopia
$20 Billion Geothermal Investment Needed for Ethiopia

Monday 18th January 2016

IN the last news update we revealed the investment in Turkey to develop geothermal energy - an even bigger investment is needed to tap Ethiopia's geothermal potential, which is being addressed by the International Finance Corporation (IFC). As explained previously geothermal energy is heat that’s generated from the earth’s core, can be ...

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Financial Help for Turkey's Geothermal Energy Development
Financial Help for Turkey's Geothermal Energy Development

Friday 15th January 2016

TO tap Turkey’s significant geothermal energy potential the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) are launching a programme to support exploratory drilling. Geothermal energy projects face high risks particularly in their initial stages, including high investment costs and development risks and very limited access ...

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Jamaican Ministries Save $80M Through Energy Efficiencies
Jamaican Ministries Save $80M Through Energy Efficiencies

Monday 11th January 2016

THE Jamaican Government is achieving its goal of reducing electricity used by its Ministries, Departments and Agencies (MDAs), through the introduction of energy efficient solutions, under the Energy Efficiency and Conservation Programme (EECP). So effective is the thrust, that the Jamaican Government is extending the three-year programme. “The programme has realized a ...

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$46M Energy Efficiency & Renewable Loan for Vermont
$46M Energy Efficiency & Renewable Loan for Vermont

Friday 8th January 2016

U.S. Agriculture Secretary Tom Vilsack today awarded $46 million in assistance to the Vermont Energy Investment Corporation (VEIC) to support energy efficiency and renewable energy improvements in rural areas across the state. USDA awarded VEIC $46 million in assistance to help its customers save money, and live more comfortably by installing ...

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€5.5 Million for Moldovan Private Companies to Improve Energy Efficiency
€5.5 Million for Moldovan Private Companies to Improve Energy Efficiency

Monday 4th January 2016

THE European Bank for Reconstruction and Development (EBRD) is promoting energy efficiency in Moldova with a €5.5 million loan for private companies undertaking energy-saving measures and renewable energy projects. The loan to CB “MOBIASBANCA-Groupe Société Générale” for on-lending will be complemented by European Union (EU) grants to provide direct incentives for ...

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Hotel Group First to get Superior Energy Performance Certification
Hotel Group First to get Superior Energy Performance Certification

Monday 21st December 2015

HILTON Worldwide, the hotel group, announced that it is the first hospitality company to achieve Superior Energy Performance® (SEP™) certification from the U.S. Department of Energy (DOE). The certification has been issued for leadership and improvement in energy management and productivity at three landmark Hilton hotels. This recognition follows Hilton’s system-wide ...

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Energy Efficiency and Renewable Action Potential in Developing Countries
Energy Efficiency and Renewable Action Potential in Developing Countries

Friday 11th December 2015

Actions on Renewable Energy and Energy Efficiency in Developing Countries Could Reduce Emissions by 1.7 Gt/year by 2020. Initial analysis of almost 6,000 projects targeting renewable energy and energy efficiency in developing countries has revealed that the projects could reduce CO2 emissions by about 1.7 gigatons a year by 2020. The findings, ...

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