The Northwest Energy Efficiency Alliance (NEEA) announced that 13 regional energy organizations have pledged to renew their investment with $192 million for the 2010-2014 period.
NEEA’s funding backs a plan to save the region 200 average megawatts (aMW) of power by 2014 at a projected cost of under 3.5 cents per kilowatt hour, enough energy to power 138,000 homes for a year, and at a cost less than any other type of generation source.
NEEA’s funding organizations are based in Idaho, Montana, Oregon and Washington and represent about 130 regional public utilities on behalf of Northwest energy consumers.
Working through NEEA, the region has already saved a substantial amount of energy. From 1997 through 2008, the Northwest achieved 264 aMW of energy savings through its regional efforts, which is enough energy to power the cities of Spokane and Tacoma, Washington or 182,000 homes each year. These energy savings were achieved at a cost of about two cents per kilowatt-hour.
Including the investment in NEEA, the region as a whole is expected to spend roughly $2 billion on new energy efficiency programs by 2014.
NEEA’s five-year business plan outlines how NEEA will work to increase the market adoption of energy-efficient products and services through collaboration, and to increase the availability of new energy-efficient technologies. In addition, NEEA’s work will focus on improving both knowledge and capabilities in the market through education and training.
The Northwest Power and Conservation Council (NWPCC), a four-state organization that advises the Bonneville Power Administration and is responsible for creating a 20-year power plan for the region, recently adopted its Sixth Power Plan, projecting power supply and demand for the next 20 years. The Plan envisions that 58% of the new demand for electricity over the next five years could be met through energy efficiency measures. Over the 20-year horizon, the Power Plan calls for energy efficiency to meet 85% of the Northwest’s new demand for power.
"Meeting the aggressive efficiency targets laid out in the Sixth Power Plan will require greater regional collaboration and commitment than ever before," said Melinda Eden, Northwest Power and Conservation Council member and NEEA board member. "This five-year funding commitment ensures that NEEA’s vital market-transformation work will continue to help the region meet our long-term energy saving goals."
NEEA is supported by the region’s electric utilities, public benefits administrators, state governments, public interest groups and efficiency industry representatives. NEEA’s initiatives include increasing market share for energy-efficient heating and cooling technologies, promoting energy-efficient new homes, growing the number of high performance commercial buildings and encouraging the development and adoption of more efficient industrial processes.
In Related News…
Seattle plans to spend an estimated $23 million to upgrade 40,000 of its 84,000 street lights with energy efficient LEDs. Read additional coverage at the link below.