Jul 14, 2014

12 Blue Chip Companies Sign Up to Renewable Energy Buyers' Principles

Admin
2 min
In an effort to provide clarity regarding their expectations of the renewable energy marketplace, 12 leading companies have signed up to the Renewabl...

In an effort to provide clarity regarding their expectations of the renewable energy marketplace, 12 leading companies have signed up to the Renewable Energy Buyers’ Principles. The companies are some of the leaders in their industries and around the globe. The group consists of Facebook, Bloomberg, Hewlett-Packard, General Motors, Intel, Johnson & Johnson, Mars, Novelis, REI, Proctor & Gamble, Sprint and Walmart. The companies hope the principles will provide for increased collaboration between themselves and renewable energy suppliers in their purchasing of renewable energy.

The companies have an aggressive renewable energy target of 8.4 million MWh per year by 2020 and hope the principles can help them achieve that goal.

The companies are seeking six specific things from the renewable energy marketplace in order to make procurement easier. They are:

  1. Greater choice in renewable energy procurement
  2. Cost competitiveness between traditional and renewable energy sources
  3. Access to long-term, fixed price renewable energy
  4. Access to new projects that will help drive the reduction of emissions to the next level rather than maintaining the status quo
  5. A more streamlined third-party financing process
  6. More opportunities to work with utilities and regulators to expand choices for purchasing of renewable energy

These guidelines came about with help from the World Wildlife Fund and the World Resources Institute.

Sprint’s Director of Corporate Responsibility Amy Hargroves said that the principles were necessary to stay competitive in the market and make buying renewable energy that much easier.

"Very few companies have the knowledge and resources to purchase renewable energy given today's very limited and complex options,” Hargroves said. “Our hope is that by identifying the commonalities among large buyers, the principles will catalyze market changes that will help make renewables more affordable and accessible for all companies."

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May 13, 2021

All but two UK regions failing on school energy efficiency

schools
energyefficiency
Renewables
Dominic Ellis
2 min
Yorkshire & the Humber and the North East are the only UK regions where schools have collectively reduced how much they spend on energy per pupil

Most schools are still "treading water" on implementing energy efficient technology, according to new analysis of Government data from eLight.

Yorkshire & the Humber and the North East are the only regions where schools have collectively reduced how much they spend on energy per pupil, cutting expenditure by 4.4% and 0.9% respectively. Every other region of England increased its average energy expenditure per pupil, with schools in Inner London doing so by as much as 23.5%.

According to The Carbon Trust, energy bills in UK schools amount to £543 million per year, with 50% of a school’s total electricity cost being lighting. If every school in the UK implemented any type of energy efficient technology, over £100 million could be saved each year.

Harvey Sinclair, CEO of eEnergy, eLight’s parent company, said the figures demonstrate an uncomfortable truth for the education sector – namely that most schools are still treading water on the implementation of energy efficient technology. Energy efficiency could make a huge difference to meeting net zero ambitions, but most schools are still lagging behind.

“The solutions exist, but they are not being deployed fast enough," he said. "For example, we’ve made great progress in upgrading schools to energy-efficient LED lighting, but with 80% of schools yet to make the switch, there’s an enormous opportunity to make a collective reduction in carbon footprint and save a lot of money on energy bills. Our model means the entire project is financed, doesn’t require any upfront expenditure, and repayments are more than covered by the energy savings made."

He said while it has worked with over 300 schools, most are still far too slow to commit. "We are urging them to act with greater urgency because climate change won’t wait, and the need for action gets more pressing every year. The education sector has an important part to play in that and pupils around the country expect their schools to do so – there is still a huge job to be done."

North Yorkshire County Council is benefiting from the Public Sector Decarbonisation Scheme, which has so far awarded nearly £1bn for energy efficiency and heat decarbonisation projects around the country, and Craven schools has reportedly made a successful £2m bid (click here).

The Department for Education has issued 13 tips for reducing energy and water use in schools.

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