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Saving Energy and the Bottom Line

Manufacturers whose bottom lines are threatened by today’s rising energy costs will benefit from the solutions offered by Energy Management Pathfinding, a new report from the Alliance to Save Energy. Learn from ten major corporation case studies including Frito Lay, Shaws, 3M, Kimberly Clark, DuPont and Unilever. The case studies, assembled by the Alliance with support from the U.S. Department of Energy, illustrate their unique energy-management strategies which have improved business performance by reducing costs, building revenue capacity, and containing operating risk.“While many companies are simply trying to cut their energy bills, other firms are using energy-waste reduction as a strategy to boost productivity and avoid the need to build more plants,” said Alliance Director of Industrial Programs Christopher Russell. “These companies generally approach energy management as a process instead of as a collection of scattered projects. Technology continues to play a key role in reducing energy costs, but savings are enhanced ­ and sustained ­ by making energy-smart decisions, from the plant floor up through management and finance people.”The 10 energy management case studies suggest that there is no one-size-fits-all approach to achieving energy savings of 10-20 percent or more. Instead, companies tailor an energy management strategy to reflect […]

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Weekly Clean Energy Roundup:March 16, 2005

News and Events DOE and EPA Recognize Energy Star Leaders at Award Ceremonies Global Wind Power Capacity Grew 20 Percent in 2004 California Utility to Buy Power from Six New Renewable Energy Projects Appliance Efficiency Standards Signed Into Law in New Jersey Lexus Announces Hybrid SUV Pricing and EPA Mileage Builders’ Group Presents 11 National Awards for Green BuildingDOE and EPA Recognize Energy Star Leaders at Award CeremoniesDOE and the U.S. Environmental Protection Agency (EPA) honored 50 businesses and organizations with Energy Star Awards last night. The award winners include Lowes Companies Inc., Food Lion, Pardee Homes, USAA Real Estate, and 3M. See the EPA press release.Last week, DOE and the EPA presented Energy Star CHP Awards and Certificates of Recognition to six organizations for their exemplary combined heat and power (CHP) projects. Weyerhaeuser’s containerboard mill in Albany, Oregon, earned the Energy Star CHP Award for its 93-megawatt CHP system fueled with biomass and natural gas. The system operates at 70 percent efficiency, requiring 17 percent less fuel than a typical mill, which generates its thermal energy needs onsite but draws its electricity from the power grid. In addition, the California Institute of Technology won an award for a 12.5-megawatt […]

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Weekly Clean Energy Roundup:March 9, 2005

News and Events USDA Offers Up to $14.3 Million for Biomass Energy Projects Solar Power Leaders Launch Group to Grow U.S. Markets Las Vegas Water District to Feature 3.1-Megawatt Solar Project Solar Power Researchers Pursuing New, Innovative Materials Fuel Efficiency Key to Around-the-World Flight International Competition Recognizes Efficient Power Supplies USDA Offers Up to $14.3 Million for Biomass Energy ProjectsThe U.S. Department of Agriculture (USDA) announced last week the availability of $14.3 million in grants for value-added agriculture business ventures. In keeping with a trend started in 2003, the USDA is giving priority consideration to grant applications that dedicate at least 51 percent of the project costs to biomass energy. To date, the USDA has provided more than $100 million in value-added grants, including grants to more than 80 energy projects that related to producing biomass energy, generating wind power, or producing biodiesel or ethanol fuel. Grant applications are due by May 6th. See the USDA press release.The Value-Added Producer Grant program was authorized by the Agriculture Risk Protection Act of 2000 and the 2002 Farm Bill. Grants are available to independent producers, agricultural producer groups, farmer or rancher cooperatives, and producer-based business ventures. The grants are available for the […]

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First Clean Energy ETF Debuts!

If you’re not a subscriber to our sustainable investing newsletter, Progressive Investor, you may not be aware that the WilderHill Clean Energy Index (ECO) debutted on AMEX in August, 2004. The index is up 27.7% since its launch compared to the Dow Jones Industrial Index, which has risen about 8.1% since then. This Thursday, March 3, marks the day the ETF begins trading, enabling investors to purchase shares in a fund based on the index’s basket of clean energy stocks. PowerShares Capital Management LLC is introducing an exchange traded fund (ETF) replicating the WilderHill Clean Energy Index, the “PowerShares WilderHill Clean Energy Portfolio” (Amex: PBW). Shares will start trading at $15. The index is the brainchild and consummation of a dream for Robert Wilder, Elias Azrak and Josh Landess, long time clean energy advocates. It currently consists of 37 of the top clean energy companies and serves as a benchmark for the sector, as well as a means to invest in clean energy as a whole. The index is rebalanced quarterly.Although the goal is to eventually include clean energy companies worldwide, because of certain AMEX rules, it is limited to U.S. companies and those foreign companies that trade on major […]

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Oil Addicts Anonymous Launches

A new organization is being founded this month in cities across the Midwest – Oil Addicts Anonymous – modeled after the multitude of successful 12 step programs such as Alcoholics Anonymous. Organizers say, “The first step on the road to recovery is simple: admitting we have a problem. Join hundreds of patriotic citizens by taking the first step together.” The first chapter was founded in Madison, Wisconsin by citizens who said they came together to admit that “we as Americans are addicted to oil” and are “ready to take responsibility for this harmful addiction.” Other chapters are at: the University of Illinois in Urbana; Illinois State University in Normal; Richmond, Indiana; Detroit, Ann Arbor, and East Lansing, Michigan. “My name is Austin King and I’m an oil addict,” declared Madison, Wisconsin Alderman Austin King. “Having recognized that we all have a problem here, we must work vigilantly to kick the habit. At the national level, we must hold corporations like Bank One and Ford accountable for keeping us hooked and enabling our oil addiction. At the local level we need to must work to stop suburban sprawl, support walkable infill development, and invest in public transportation, bicycle accommodations, and pedestrian […]

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Weekly Clean Energy Roundup:March 2, 2005

News and Events Northwest Power Industry Commits $100 Million for Efficiency New York State Funds Two Wind Power and Three Hydropower Projects Utilities Pursue Biomass Power in Arizona, Alabama, and Georgia Ethanol Production Reaches New Heights in 2004 Hybrid Bus Fleets Grow in New York City, L.A., and Indianapolis One-Megawatt Fuel Cell Planned for San Diego Hotel Site NewsStudy Leads to New Web Site for Energy Efficiency Best Practices Energy ConnectionsEIA: U.S. Companies Achieving Greater Cuts in Greenhouse Gases News and Events Northwest Power Industry Commits $100 Million for EfficiencyThe Northwest Energy Efficiency Alliance announced last week that it will receive $20 million each year over the next five years to support its efforts to increase energy efficiency in the region. The funds will come from the Bonneville Power Administration, electric utilities, and public benefit funds?state funds generated through a fee on electricity to support public benefits such as renewable energy and energy efficiency. The $100 million investment will support market-based energy efficiency programs throughout Idaho, Montana, Oregon, and Washington.Since the Alliance began in late 1996, energy efficiency efforts in the Northwest have saved the region an estimated 130 megawatts of electricity through 2003. The Alliance programs encourage appliance manufacturers […]

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Weekly Clean Energy Roundup:February 23, 2005

News and Events DOE Project Leads to New Hydrogen Fueling Station in California DOE Awards $87.5 Million to 12 Vehicle Efficiency Projects EPA Launches Clean Energy Partnerships with 12 States and D.C. Massachusetts Offers $25 Million for Renewable Energy Credits First Hybrid SUV Makes List of Top Twelve Green Vehicles DOE Offers $1 Million to Help Industries Save EnergyEnergy ConnectionsLNG Terminals Move Ahead in the Gulf of Mexico News and Events DOE Project Leads to New Hydrogen Fueling Station in CaliforniaChevronTexaco opened its first hydrogen fueling station in Chino, California, last week, joined by Assistant Secretary of Energy David Garman and representatives of Hyundai-Kia and UTC Fuel Cells. The station is a major part of the DOE’s Hydrogen “Learning Demonstration,” which brings together automobile makers and energy companies to test fuel cell vehicles and hydrogen fueling systems in real-world conditions. Hyundai Tucson and Kia Sportage SUVs, powered by fuel cells manufactured by UTC Fuel Cells, will operate throughout Southern California and refuel at the ChevronTexaco hydrogen station. The hydrogen is produced on-site from natural gas, but the station will also have the future capability to convert other renewable fuel sources, such as ethanol, into hydrogen for refueling fuel cell vehicles.“On […]

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