Articles
E3 Prime Environments President, Curt Monhart, took a tour of a business operation with a high monthly utility bill. Monhart was keenly aware that simply replacing the obsolete HVAC system and upgrading the existing outdated lighting would yield significant cost savings. A huge barrier would have to be overcome first - the barrier known as the split incentive. The win-win solution is made possible by a finance program known as Property Assessed Clean Energy (PACE) It provides the perfect opportunity for overcoming the financial barriers it is designed to overcome. In a PACE project the cost of the loan is paid paid by the tenants via a prorated special assessment on the property tax. However, their utility bills are less than this cost resulting in a Win-win for the owner and the tenants. The owner gets an energy efficient building with a higher market value, increased occupancy and lease rates, and tenants see an overall lower cost of renting the property.
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Energy storage - an effective weapon in the fight against emissions
More than one quarter of all emissions CO2 are the emissions hard to eliminate. The political will to invest in such technologies is simply not enough in many countries. In the energy sector, switching to renewable energy sources (RES) appears to be a logical.
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6 Lessons on energy decarbonization from countries leading the way
China, Costa Rica, Denmark, Ethiopia and the United Kingdom are further along than many others. Energy production and use accounts for about three-quarters of global greenhouse gas emissions. Three main strategies can help countries meet energy needs with zero-carbon emissions:.
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World's largest offshore wind farm will power 4.5 million homes
UK renewable energy developer SSE announced construction of Dogger Bank Wind Farm. With a capacity of 3.6 gigawatts, it will be three times bigger than the world's biggest existing wind farm. Hornsea One, which is still under construction.
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EEIP - Strategical partnership with EUSEW2020
EEIP has been selected as a ‘strategical partner for EUSEW 2020’ 2020 has been a mythical year for energy efficiency since 2009. EEIP commitment has since stretched beyond the ‘third pillar, energy efficiency’.
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Europe's one trillion climate finance plan
The European Green Deal Investment Plan is designed to attract at least one trillion euros of public and private investment over the next decade. Turning the EU into a climate neutral economy by 2050 will require massive investment in clean energy technologies. Only achieving an interim greenhouse.
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Microsoft details long-term plan for becoming carbon negative
Microsoft executives announced plans today for the company to become carbon negative by 2030 and then by 2050 to remove all the carbon from the environment that Microsoft has emitted directly or through electrical consumption since it was founded in 1975. The compny hs been working for months on .
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'A Massive Victory': BlackRock CEO Promises to Center Climate Change in Investment Strategy
Larry Fink, CEO of money management firm BlackRock, announced the company would prioritize the climate crisis in deciding on investments and strategies going forward. The new direction for BlackRock is the result of a hard-fought effort by a group of dedicated activists.
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Virtual Power Plants: former sci-fi technology is now a reality
There are multiple options on how to manage distributed energy resources (DER) A virtual power plant aggregates the capacities of multiple DER of various types. This makes the production of energy more coherent and allows for efficient energy trading on the electricity market.
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Report: Solar Installations to spike 14% in 2020
Global solar installations will continue double-digit growth rates into the new decade. New annual installations in 2020 will reach 142 gigawatts (GW), a 14% rise over the previous year. installations outside of China, the world leading market, grew by.
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