NewEnergyNews: A NEW WAY TO FUND EFFICIENCY

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: The Value Of Transportation Elecrification
  • QUICK NEWS, December 12: The “Fight-Climate-Change” Diet; Market For Advanced EV Batteries To Quadruple By 2026; The Low Lifecycle Costs In New Energy
  • THE DAY BEFORE

  • TODAY’S STUDY: How The New Energy Marketplace Is Growing And Shifting
  • QUICK NEWS, December 11: N.C. Millennial Women Unite For Climate Fight; The White House Threat To New Energy; What’s Bad News In The Tax Bill For New Energy
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: Tesla Adds World’s Biggest Battery To Aussie Wind
  • Weekend Video: Solar And The Next Utilities
  • Weekend Video: Wind Builders On Wind
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-The Climate Change Gourmet
  • FRIDAY WORLD HEADLINE-UK Study Says Yes To Solar-Powered Electric Trains
  • FRIDAY WORLD HEADLINE-First Aussie Ocean Wind Project Gets $8BIL Funding
  • FRIDAY WORLD HEADLINE-EU Solar Goes Digital To Open New Services
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT THURSDAY, December 7:

  • TTTA Thursday-City Mayors Unite To Fight Climate Change
  • TTTA Thursday-New Energy And Big Oil Unite Against Subsidies For Coal And Nuclear
  • TTTA Thursday-California Would Sell Only EVs After 2040
  • TTTA Thursday-Utilities In A Time Of Solar
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • TODAY AT NewEnergyNews, December 13:

  • ORIGINAL REPORTING: How California Is Easing Off NatGas With New Energy
  • ORIGINAL REPORTING: Illinois cloud computing debate could open utility rate reform

    Thursday, June 20, 2013

    A NEW WAY TO FUND EFFICIENCY

    This May Be the Most Innovative Energy Efficiency Financing Tool Yet; The inventor of renewable energy credits has something else up his sleeve.

    Stephen Lacey, June 19, 2013 (Greentech Media)

    “…[A] tool for deploying energy efficiency [could] be far more revolutionary [than the Renewable Energy Credits (RECs) that have helped drive New Energy growth] … MEETS, the metered energy efficiency transaction structure [is] like a power purchase agreement for energy efficiency…[MEETs] breaks down nearly every conceivable conflict between landlords, tenants, investors and utilities that stand in the way of deep efficiency retrofits…

    “…[It] starts with a simple meter installed on that customer's building by EnergyRM to measure energy use and normalize the data. That provides the baseline…Next, an investor is brought in to finance a project on the building. Much like a third-party solar lease, the investor ‘rents’ the building for installation of energy-efficient equipment and compensates the owner with a monthly payment…EnergyRM is able to measure the baseline consumption data against the efficiency savings…The utility then charges the building owner for electricity based upon the baseline data, just as it normally would without the efficiency upgrade. (Again, the building owner is getting a monthly rental payment from the investor, rather than going through the utility.)…”

    “The investor who owns the energy efficiency project gets paid a premium by the utility over a twenty-year contract for each kilowatt-hour of metered energy efficiency, or ‘negawatts,’ delivered…The utility can then turn around and sell those energy reductions into the capacity markets or energy markets and get compensated for not having to build a new power plant…

    “…[T]he building owner…receives monthly rental payments from the investor, continues her same relationship with the utility and has a more valuable building…[T]he investor…has a stable twenty-year agreement with the utility based on performance…[and the utility] gets fully compensated for the electricity sold to the building owner and can treat efficiency like a power purchase agreement for any other generation source…[Th]e structure could result in about $40,000 a year for the Bullitt Foundation over the twenty-year contract…”

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