The market for energy efficiency projects delivered by energy service companies (ESCOs) in the United States exceeded $5.1 billion in 2011, according to a new report from Pike Research. This market is expected to continue to grow faster than the domestic economy and reach at least $13 billion in sales by 2020.
The U.S. Environmental Protection Agency (EPA) announced that nearly half of the organizations recognized as Energy Star Leaders have improved the energy efficiency of their building portfolios by 20 percent or more.
Heat Pipe Technology Inc. (HPT) announced that two recent commercial installations of the company’s passive dehumidification systems have yielded quick payback, carbon reduction, and ongoing energy savings. Both HPT applications were for manufacturers that require very-low-humidity environments.
The HVACR industry continues to introduce new technologies — and build upon existing technologies — that provide opportunities to improve energy efficiency. While new federal legislation hasn’t helped spur deployment of such technologies, state and local initiatives are moving ahead.
Huntington Beach City School District and Chevron Energy Solutions announced the completion of a 592-kilowatt solar electric system that will reduce energy costs for operations at nine elementary school sites in Huntington Beach, saving the district more than $15 million over the life of the project.
A survey of 50 energy experts released by economists at The Brattle Group reported that energy efficiency is likely to cause a drop of 5 to 15 percent in U.S. electricity consumption by the year 2020, relative to forecast trends.
The Consortium for Energy Efficiency (CEE) released its revised “High Efficiency Commercial Air Conditioning and Heat Pump Initiative.” The initiative includes a high-efficiency energy performance specification for commercial air conditioning and heat pump equipment.
The market for commercial building automation systems is forecast to double over the next decade, increasing from $72.5 billion in 2011 to $146.4 billion by 2021, according to a new report from Pike Research.
Pepco Energy Services Inc. announced that it has been selected to implement a comprehensive energy savings performance contract project for Virginia Polytechnic Institute and State University in Blacksburg, Va.
Rep. Peter Welch (D-Vt.) has unveiled bipartisan legislation to create a nationwide energy efficiency program that he said will create jobs, save homeowners money, and reduce carbon emissions.