NewEnergyNews: A NEW WAY TO FUND EFFICIENCY/

NewEnergyNews

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

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • 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

    -------------------

    -------------------

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

    -------------------

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

  • ---------------
  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    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…”

    0 Comments:

    Post a Comment

    << Home