News from June 2012

Enigin News - Aussie Energy Consumption set to Fall

A NEW report released today by the Australian Energy Market Operator (AEMO) forecasts reduced energy use across eastern and south eastern Australia. AEMO prediction of a drop in energy consumption is likely to result in the deferral of new electricity generation or transmission network investment for years. The inaugural National Electricity Forecasting ...

Thursday 28th June 2012 | Read full article

Enigin News - The Hidden Cost of Power

A STUDY of UK households has revealed the amount of wasted energy from leaving appliances on standby - for the commercial and industiral sectors the losses must be greater. Computers, televisions and other electrical products plugged in but not in use or left on standby cost the UK up to £1.3 ...

Thursday 28th June 2012 | Read full article

Enigin News - £8m Green Scheme is Major Boost for South West England

A NEW £8 million energy efficiency and micro-generation initiative has been launched this month for the South West of England by the UK’s Energy Saving Trust and Regen SW. The initiative – Ready for Retrofit – the £8m programme will help local businesses prepare for the eco-refurbishment of tens of thousands ...

Tuesday 26th June 2012 | Read full article

Enigin News - Rio+20 Focus on Future but Claims of Failure on Sustainability

THE Rio+20 Conference produced 100 commitments and actions for sustainable energy but environmental groups have stilled dubbed it a failure. United Nations Secretary General Ban Ki-moon said at the end of the conference: “Sustainable Energy for All provides a powerful model for the future. This initiative is already mobilizing significant action ...

Monday 25th June 2012 | Read full article

Enigin News - Energy Savings Boost the Coffers of Provinces

A NEW report reveals that Canadian Provinces who promote energy efficiency and lose tax revenue from reduced sales of energy more than make up the loss due to increased competitiveness. The report from Environment Northeast, a non-profit organisation who promote clean energy and actions to combat climate change, produced the report ...

Sunday 24th June 2012 | Read full article

Enigin News - European Commission Calls for UK to Change Reduced Tax for Energy Saving Materials

THE European Commission has asked the UK to amend its legislation which allows a reduced tax rate, Value Added Tax (VAT), for the supply and installation of "energy-saving materials". The Commission claim the UK’s VAT ruling on this goes beyond the scope allowed under the EU VAT Directive. Under EU VAT rules, ...

Friday 22nd June 2012 | Read full article

Enigin News - Aggressive Energy Efficiency Goals Transform the Building Industry

DESPITE significant growth and much publicity, the green construction and technology market has plenty of potential across commercial building stock worldwide. Today, the spread of sophisticated building automation systems (BAS), which take advantage of the convergence of information technology (IT) data and building data, is helping drive significant growth in ...

Thursday 21st June 2012 | Read full article

Enigin News - LED Lamps to Provide $100 Billion of Global Energy Savings

THE widespread adoption of retrofit LED lamps will create global energy savings worth $100 billion over the next five years, according to a recent report from IMS Research. Although the use of LED lamps for general lighting is not currently widespread, IMS Research’s report Opportunities for Power Components in LED Lighting ...

Tuesday 19th June 2012 | Read full article

Enigin Update - "We need a green, clean revolution."

THE Climate Group have launched The Clean Revolution Campaign at the Rio+20 Earth Summit, where world leaders shared their visions for a low carbon world with a thriving economy. The Climate Group is an independent, not-for-profit organisation whose aim is to inspire and catalyze leadership for a low carbon future for ...

Monday 18th June 2012 | Read full article

Enigin News - EU Deal on Energy Efficiency Directive

THE European Parliament, Commission and Council agreed a deal on the EU’s Energy Efficiency Directive last week, but as predicted on these pages recently it has fallen short of its initial targets. The initial aim was to achieve 20 percent energy savings by 2020, which the blocs leaders agreed three years ...

Sunday 17th June 2012 | Read full article

Enigin News - IEA Say Technology Can Answer World's Energy Challenge

THE International Energy Agency (IEA) this week released a major publication about energy saving technology that they claim will transform the world’s energy systems. The technology has the potential to drastically reduce carbon emissions, enhance energy security and generate a huge investment return according to the IEA. The book, Energy Technology Perspectives ...

Thursday 14th June 2012 | Read full article

Enigin News - Savings From South Africa's Business Energy Saving Programmes

ESKOM, the South African utility company, is delighted with the results so far from their energy saving programmes. South Africa’s Independent Online reports that a total of 46 businesses had committed to saving electricity, and so far they have achieved average demand savings of 261 megawatts (MW) during evening peak periods. ...

Tuesday 12th June 2012 | Read full article

Enigin News - $50 Billion Sustainability Finance from Bank of America

THE Bank of America yesterday announced a new 10-year, $50 billion environmental business goal to help address climate change, reduce demands on natural resources and advance lower-carbon economic solutions. The Bank has also introduced significant new goals to reduce the environmental impact of its own operations. The new goal, effective from ...

Monday 11th June 2012 | Read full article

Enigin News - Bangladesh Businesses get Energy-Efficiency Financing

EASTERN Bank Ltd. (EBL) in Bangladesh has developed the first Sustainable Energy Finance loan for the country to help companies implement energy-saving measures and boosting the competitiveness of private enterprises who take out such loans. Eastern Bank developed EBL Green Credit, with assistance from the South Asia Enterprise Development Facility, managed ...

Sunday 10th June 2012 | Read full article

Enigin News - New Energy Find Could Offset Nearly a Quarter of U.S. Power Use

THE U.S. now has a major new source of energy that could rival the contribution made to the economy by natural gas, coal, and nuclear power, according to a report released by the American Council for an Energy-Efficient Economy (ACEEE). The report concludes that up to about a quarter (22 percent) ...

Friday 8th June 2012 | Read full article

Enigin News - Improved Energy Efficiency Building Stadards for California

IN a move to reduce energy costs and saving consumers money the U.S. State of California Energy Commission unanimously approved energy efficiency standards for new commercial and residential buildings. "Improving the energy efficiency of buildings in which we will live and work will save Californians energy for decades," said Energy Commissioner ...

Thursday 7th June 2012 | Read full article

Enigin News - EU Official Speaks Out on Lack of Rio+20 Progress

THE EU Commissioner for Environment, Janez Potocnik, has spoken out about the lack of progress in Rio+20 negotiations, highlighting the importance of sustainability. Rio+20 will take place in Brazil on 20-22 June to mark the 20th anniversary of the 1992 United Nations Conference on Environment and Development (UNCED), in Rio de ...

Wednesday 6th June 2012 | Read full article

Enigin News - As Number One Energy Consumer China Must Improve Energy Efficiency

WITH China being the world's second largest economy, it is no surprise that it has passed the United States as the largest energy consumer - so reports China Daily. The reason for the new number one spot for energy consumption has a lot to do with China also having the world’s ...

Friday 1st June 2012 | Read full article