Just Energy is a leading North American electricity and natural gas retailer. through its affiliates under its parent, just Energy Group Inc, a publicly traded corporation (TSX: JE), just Energy serves 1.8 million residential and commercial customers, helping them gain better control of their energy costs. in addition, through National Home Services, just Energy sells and rents high efficiency and tankless water heaters, and through its subsidiary Terra Grain Fuels, produces and sells wheat-based ethanol.
‘Customers that subscribe to our green energy programs join a growing community of environmentally responsible energy consumers who are taking action to reduce their environmental footprint’ says Ken Hartwick, just Energy’s President and Chief Executive Officer. ‘Whenever possible, we pursue
Renewable energy and carbon offset projects located within the communities we serve. Such customer participation supports the continued development of large scale carbon reduction and
Renewable energy projects in communities across North America.’.
just Energy is an industry leader in providing environmentally responsible energy options to consumers across North America. To learn more about just Energy visit justenergy.com.
APPROACHES TO DEAL FACILITATION AND TECHNOLOGY DEVELOPMENT FOR CLEAN ENERGY PROJECTS: Jun Tian, ADB, chaired this session. Irman Boyle, USAID ECO-Asia Clean Development and Climate Program, described CTI PFAN’s work in Indonesia, acting as the ‘missing middle,’ fostering relationships between project entrepreneurs and financiers by engaging project developers via competitions to provide pro bono mentoring. Boyle said CTI PFAN has successfully supported 21 projects in raising US$ 275 million in investment money, and has over 80 more projects in the pipeline.
Amory Lovins, Chairman, Rocky Mountain Institute (RMI), elaborated on how
Renewables and energy efficiency can nearly eliminate the need for fossil fuels for energy production by 2050. Lovins recounted a range of technologies in the transportation and electricity sectors based on ‘mindful markets,’ smart policies and entrepreneurship. On solutions for future and low-carbon transport needs, Lovins identified ‘feebates,’ ultralight vehicles, simplified manufacturing, electric propulsion, and intelligent traffic management to reduce idle vehicle use. On electricity, he stressed: removing wasteful subsidies and redesigning wasteful devices; distributed microgrids; and other mechanisms for transforming customer costs into capital assets.
Responding to a question from the audience, another representative of CTI PFAN said they are increasingly supporting financial institutions in project assessment and due diligence training rather than project developers as it is often difficult to find suitable developers.
With the passages of the Amendments to the Clean Water Act in 1987, and to the Safe Drinking Water Act in 1996, the U.S. Congress made funds for water infrastructure improvements readily available. EPA’s state revolving fund program provides low-interest subsidized loans for water quality or drinking water projects.
In 2010, the Town of Medicine Bow received a $64,908 CWSRF loan and a $51,896 DWSRF loan from the Wyoming State Lands and
Investments Office and the Wyoming Department of Environmental Quality to install nine wind turbines at its sewage and drinking water facilities. Each loan was funded by the American Recovery and Reinvestment Act and was subsidized through 100% principal forgiveness via the Recovery Act’s Green Project Reserve.
The program also emphasizes providing funds to small and disadvantaged communities. Nationally, CWSRFs have funded over $84 billion in water quality projects and DWSRFs have funded over $20 billion in drinking water projects.
Of course it’s not all sunshine and rainbows.Meeting the $5.1 trillion global Renewable energy investment from 2011 to 2020 will require a five-fold increase from current investment levels. And of course there is the political challenge involved in implementing the necessary policies to allow this Renewable energy investment increase to happen.For example, putting a price on carbon emissions, which will more accurately reflect the true cost of fossil fuel combustion in their market price, and make Renewable energy more financially competitive.However, even though doing so would be economically beneficial, as the SRREN notes, there is a great deal of political resistance to implementing a carbon price in many countries.
Certain individuals have attempted to manufacture controversy about the77%
Renewable penetration scenario(see the associated McManufactured Controversypost), but in reality it’s not even a terribly aggressive target from a technological standpoint.For example, we have previously discussed the Ecofys plan to meet 100% of global energy demand with
Renewables by 2050, and the Jacobsen and Delucchi plan to meet 100% of demand with just wind, water, and solar energy in 2050 (also see the Advanced rebuttal to “
Renewable can’t provide baseload power”). Compared to those plans, a77% goal is relatively muted.It may be unrealistic from a political standpoint, but that question is beyond the scope of this report.
Since Governor Culver signed the Power Fund into law in 2007, Iowa’s clean energy economy has taken off. Since 2006 the amount of energy Iowa receives from renewable sources has jumped from 5 percent to 20 percent, while companies from across the world have leveraged Power Fund grants to create Iowa jobs. This investment has also spurred education in the state as community colleges like Iowa Lakes in Estherville have created specialized degrees to train the next generation of workers.
DES MOINES ‘ Following in Governor-elect Terry Branstad’s footsteps, House Republicans have moved a step closer to eliminating the Iowa Power Fund, which has successfully made Iowa a national leader in clean energy production. Branstad, who called the Power Fund a ‘colossal failure’ during the campaign, was backed up yesterday by House Republican leaders who promised to eliminate programs they feel have ‘no value to Iowans,’ including the Power Fund.
According to the Iowa Office of Energy Independence the Power Fund has already leveraged over $273 million in federal and private Investments in the state.
Let’s see: not a word about the Endangered Species Act-protected desert tortoise on site even though their much higher on-site numbers were all over the news last month, and may well halt the project. No mention of the lawsuit filed by Western Watersheds Project to stop the construction due to permanent damage to the ecosystem and short-changed environmental review. Just unqualified repetition of the contention that this project roundly criticized by environmental groups, and on land the Nature Conservancy has identified as ‘Core Mojave Desert Habitat’ worthy of the highest level of protection is ‘environmentally responsible.’.
The plant will generate
Energy with a technology called power towers. Mirrors, called heliostats, are arranged in an array and aim the suns rays at a receiver atop a tower. The receiver generates steam; the steam causes a turbine to rotate; the rotation causes a generator to generate electricity. Because such large quantities of solar
Energy are being directed to such a small area, the power towers are very efficient.
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. We create opportunity for people to escape poverty and improve their lives. We do so by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development.
Sri Lanka is a focus country for IFC’s program in South Asia. IFC’s committed $132 mn portfolio covers projects across a range of sectors including infrastructure, tourism, renewable energy, banking, and health care, in addition to advisory support to small and medium enterprises. Through its Advisory Services, IFC promotes sustainable growth among small and medium enterprises by facilitating access to finance and offering capacity-building and training opportunities.
In a time of global economic uncertainty, our new Investments climbed to a record $18 billion in fiscal 2010. For more information, visit www.ifc.org.