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: Big Growth In Customer-Sited Wind
  • QUICK NEWS, August 15: New Forest To Offset Bad U.S. Climate Policies Has 120,000 Pledges; Wind Becoming The Go-To Power; 88,000 Jobs And The Fight Over Solar Imports
  • THE DAY BEFORE

  • TODAY’S STUDY: The Work On Tomorrow’s Grid So Far
  • QUICK NEWS, August 14: Climate Is The Elephant In The Room; Long-Term, NatGas Is Not The Answer; Why Wind Is Such A Good Choice
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: Al Gore Talks With Bill Maher
  • Weekend Video: The U.S. Celebrates Its First National Wind Week
  • Weekend Video: Wind Is Just Beginning To Show Its Power
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Five Countries Leading The Climate Fight
  • FRIDAY WORLD HEADLINE-Global Wind Spend To Soar
  • FRIDAY WORLD HEADLINE-Pakistan’s Global View On Solar
  • FRIDAY WORLD HEADLINE-Denmark Trial Proves EVs Can Support The Grid
  • AND THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, August 10:

  • TTTA Thursday-Why Greenland Burning Is Cause For Fear
  • TTTA Thursday-Wind Power Booming
  • TTTA Thursday-IKEA To Offer Solar
  • TTTA Thursday-EV Growth Ready To Explode
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: Research Shows Ongoing Need To Value Customer-Sited Resources
  • ORIGINAL REPORTING: Details On New York’s Landmark Work To Value Customer-Sited Resources
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    Founding Editor Herman K. Trabish

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    Research Associate and Contributing Editor Jessica R. Wunder

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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, August 16:

  • ORIGINAL REPORTING: Organizing California’s Distributed Energy Efforts
  • ORIGINAL REPORTING: A Deep Look At Evolving U.S. Efforts To Support Solar

    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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