Green Bank

Statewide LG EE Best Practices: Weekly Update

Here are your wEEkly updates:

Peer-to-Peer Requests

EVSE Installation
If you have any information on vendors that install EV charging stations at no charge, or on any opportunities that can help offset the cost of installation, please get in touch with me at jkim@lgc.org. This particular city is considered a disadvantaged community and is interested in full installation of 22 charging stations.

Community Based Social Marketing Methods
If you have information you can share on community based social marketing methods that a city staff can implement in his offices to help reduce energy use, please contact met at jkim@lgc.org.

News and Opportunities

Governor Jerry Brown Signs Major Climate Bills
Gov. Brown signed into law on Wednesday a sweeping expansion of California's GHG emissions standards, requiring the state to reduce emissions to 40% below 1990 levels by 2030.

How Cities and Counties are Showing the Way of Climate Action
This GreenBiz article highlights Climate Leadership Awardees who reflect effective collaboration among cities and counties, which includes WRCOG, SBCCOG and LA County.
Job Opportunity: Statewide Local Government Energy Efficiency Best Practices Coordinator
The Local Government Commission is seeking to fill the Coordinator position with a highly motivated and knowledgeable individual to support local government energy efficiency efforts throughout the state. Please feel free to contact me at jkim@lgc.org if you have any questions.

Job Opportunity: Climate and Energy Manager, University of San Diego
This is a full-time, temporary, benefit based position with an anticipated assignment end date of 12/31/2020. Closing date: 10/2/2016.

Calendar

9/13 (San Francisco/webinar): Quarterly EM&V Stakeholder Meeting
This meeting will include:
CPUC and PA Update on EM&V Budgets and Activities
Waterfall Graphics and New Web-based Tools
Lightning Metering study update
Update on LED Lab Test
CA Comprehensive Analysis - developing an effectiveness metric for nonresidential EE programs
PG&E's Single Family Home Upgrade Program Process Evaluation
SDG&E Cannabis Agriculture Energy Demand Study Final Report
Update on Inclusion (support for disadvantaged workers) Studies

9/21 (webinar): Evaluation of Residential Behavior-Based Programs
This webinar will provide an introduction to documenting the energy savings associated with behavior-based programs and examples of how different jurisdictions are addressing behavior-based program evaluation.

10/12-10/14 (Denver): Getting to Zero National Forum
This event is dedicated to zero net energy (ZNE) buildings where attendees will share perspectives on the growth of ZNE, discuss policies driving new projects, engage in best practices for successful outcomes and collaborate on opportunities for ZNE to transform the built environment.

Resources and Reports

Cool Roofs
The Cost-Effectiveness Study for Cool Roofs FINAL Report for All Climate Zones, prepared by the California Statewide Utility Codes and Standards Program, provides information on product cost, energy savings, cost-effectiveness and urban heat island mitigation to support minimum reach code requirements for residential and nonresidential cool roofs for jurisdictions in all climate zones.

Microgrids
Presentations from the September 6th California Energy Commission Staff Workshop Microgrids - Why are Customers Choosing Microgrids and How are they Working? are now available online.

Green Banks
A new report from ACEEE reviews the progress of 10 green banks and related financing entities to understand how they are working in specific market sectors and to identify strategies and lessons learned, with a special focus on energy efficiency.

Coordinator Resources
Browse the Coordinator website for more resources on a variety of energy efficiency related topics. If there are topics that you would like to see added or further developed, please reach out to me at jkim@lgc.org.


That's all for this week!




Money Monday: Green Banks

Well, sometimes you schedule a blog post for 6:00 a.m.  and then you spend all morning wondering why there is no post.  Then you realize in the haze of birthday cake that you scheduled for the wrong day.  Darn!

Here is Dee's first Money Monday post on Green Banks that you were supposed to get this morning.  Sorry!  -Courtney


I’ve heard of a Piggy bank and I’ve heard of breaking the bank, but have you ever heard of the concept of a Green Bank? Well, according to the Clean Energy Finance Center, the development of state-level “greenbanks” are one of the most promising emerging ideas in clean energy financing.

Apparently, this quasi-governmental organization brings together public and private sector capital to finance energy efficiency, small-scale renewable energy, and other clean energy projects. Federal loans and loan guarantees are critical for all three clean energy sources (wind, solar and nuclear projects). Building efficiency improvements unlikely to accelerate without federal financing support is fueling a unique financing mechanism.
A principal aim of the green bank would be purchasing old coal plants from utilities and generators, and then scrapping them. The coalition estimates that 100,000 megawatts of coal plants could be retired in this way, opening room for investments in new clean energy generation.

Limited public sector capital is the main advantage of a green bank which uses public capital to leverage private sector investment. In June 2011 Connecticut passed a landmark energy bill that included the establishment of the first green bank in the country called Clean Energy Finance and Investment Authority (CEFIA). The CEFIA will be able to borrow money and aggregate new and existing capital sources, and will have the flexibility to fund many clean energy project types, including electric and natural gas vehicle infrastructure, electricity storage, renewable energy, and energy efficiency.

Aimed at providing low-cost financing for clean energy and efficiency projects the new entity offers Washington and other states a workable model for promoting investment in clean energy at a time of growing concern about the serious finance problems surrounding clean energy deployment.

CEFIA framework demonstrates how a green bank can combine several existing sources of funding without impacting the state budget. The Rockefeller Brothers Fund is helping to finance the development of CEFIA financing programs. If done right, CEFIA will serve as a model for green banks that can be applied to other states.

For more information see:

http://thinkprogress.org/climate/2011/06/09/240624/connecticut-passes-america%E2%80%99s-first-full-%E2%80%98green-bank%E2%80%99-proving-clean-energy-is-a-bipartisan-issue/?mobile=nc