HEET & RENEW Launch Innovative Efficiency Finance Program for Non-Profit Organizations

RENEW is proud to be the project development and finance partner for an innovative energy efficiency program for non-profit organizations led by HEET. HEET is an award-winning non-profit that seeks to provide energy efficiency upgrades in underserved markets.  RENEW will provide project development and project funding for retrofits in non-profit organizations using its energy services agreement and energy efficiency lease structures.  Investors in the program are impact investors seeking a competitive return and an impact on climate emissions who are also keenly interested in the powerful effect of the program in expanding the reach of participating non-profit organizations. The retrofits will reduce the operating budgets for participating organizations, allowing them to do more with their available dollars.  Read more here: http://thequincysun.com/2014/12/11/help-for-energy-hogs-launches-in-quincy/

Smart Money and Energy Efficiency

Interesting article about the increased investor interest in energy efficiency worldwide. A leading asset manager argues that “[R]eally what’s driving the growth in energy efficiency is the economics. Even after the recent fall in energy prices, the payback rate is still very attractive for a lot of these technologies.” http://online.barrons.com/articles/the-smart-money-warms-up-to-energy-technology-1417138911

Climate Investments ‘Falling Short’ of 2°C Goal

The annual Global Landscape of Climate Finance report, released on Thursday by the Climate Policy Initiative (CPI), shows that global climate investments reached $331 billion in 2013. That’s a big chunk of change, but it represents a decrease of about $28 billion compared to 2012 and $33 billion compared to 2011, the high-water mark for climate investments.

Private and public climate finance investments in 2012 and 2013 in billions of dollars.
Credit: CPI

Corporate Shadow Carbon Pricing

As Grist reports, it often surprises people to hear that big companies like Exxon use a “shadow carbon price” when assessing future investment opportunities (in other words, they assume a price on carbon even where/when there isn’t one). After all, if you only pay attention to the headlines, it sounds like the big story on climate change is that nobody’s doing anything and we’re all doomed. Why would Exxon think carbon will be priced any time soon?

Well, it turns out that carbon is getting priced, not in the big, dramatic, simple way climate hawks would prefer, but incrementally, piecemeal, country-by-country, region-by-region, and in a way that’s starting to add up.

The always-excellent folks at the Sightline Institute have done the world a favor by pulling all the world’s carbon pricing systems into one place. Here’s their awesome animated map:

sightline-global-carbon-programs-map

Gas Inventories Hit an 11 Year Low

According to Robert Rapier, Chief Investment Strategist for Investing Daily’s Energy Strategist Service, “this winter marked the sharpest decline trajectory and we have made the largest ever withdrawals from storage in history, and barring a sudden warm spell we are going to go into injection season with very low natural gas inventories.”

Rapier goes on to say that “this has implications. Why? Because historically a significant deviation of inventories from normal will have a lingering impact on natural gas prices.”

See his full post at: http://theenergycollective.com/robertrapier/354091/gas-inventories-reach-11-year-low

Rapier is forecasting that for a number of reasons natural gas is going to trade higher over the next 3-5 years, and this remarkable and “abnormal” situation with inventories will only exacerbate that trend.

With natural gas prices continuing to rise, building owners who have outdated and/or inefficient heating systems should consider an energy efficiency retrofit to bring down their energy costs. Thankfully, financing alternatives, such as those offered by Renew Energy Partners, allow building owners to make needed upgrades and retrofits without having to secure bank debt or use their cash reserves. To learn more, visit renewep.com.

Contact Us

Learn how we can help you save money and decarbonize your buildings!

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
© 2023 Renew Energy Partners, LLC. All Rights Reserved.