Second study forecasts strong growth for energy service companies (ESCOs)

The US energy service company (ESCO) industry is set to grow from a $4.9 billion market in 2013 to almost $8.3 billion in 2020, according to a new report by Navigant Research. The growth comes after a slowdown in business for the energy performance contractors, Navigant says. “Over the past two years, ESCOs have found it difficult to attract … [Read more...]

What We Heard You Say…Best and Worst Quotes about Energy Efficiency

Thought we'd share some interesting things we heard and read in our recent reporting on energy efficiency. Best Material for Jerry. "Energy efficiency is kind of like the Seinfeld show: It’s about nothing! It’s about the refrigerator that cools beer the same, but uses one-quarter the energy. Who knew? There’s a bias in the energy world to think of … [Read more...]

What Recession? Big Energy Efficiency Service Companies Skipped It. Now Poised to Double Revenues

Energy efficiency’s largest players grew, even as the economy lagged in recent years. And they show no signs of slowing down, says a new report distributed by the National Association of Energy Service Companies. Revenue growth averaged nine percent annually from 2009 to 2011 for large energy efficiency service companies, or ESCOs, according to … [Read more...]

It’s Been a Year Since Obama Set His Big Goal for Combined Heat and Power: How’s He Doing?

Most people grade President Barack Obama based on Syria, health care and the federal budget. But at EnergyEfficiencyMarkets.com, we’re watching his progress on combined heat and power (cogeneration). Obama set a goal last year to increase CHP installations 50 percent by 2020.Getting presidential attention was a huge deal for the CHP industry. … [Read more...]

Huge Residential Demand Response Market; Opower Wants to Crack It On The Cheap

Only about five percent of residential customers now take part in residential demand response programs that could yield huge savings. For example, a report by the Brattle Group says that if utilities could help customers lower their usage by five percent during the top “peak” 80 to 100 hours over the course of the year, it would result in $3 … [Read more...]

Energy Efficiency in Connecticut: Like Eating Peanuts

Energy efficiency seems to evoke that eating peanuts thing. Have some, and you want some more. Such is the case in Connecticut. The state made signficant energy efficiency gains in 2012, and now wants to do more. Connecticut has proposed a near doubling of its energy efficiency program, as EnergyEfficiencyMarkets.com first reported here. Here is … [Read more...]

New York: Finding a Win-Win for Solar and Energy Efficiency?

New York may start giving new support to building owners that intertwine solar with energy efficiency, demand response or energy storage. The New York State Energy and Research Development Authority (NYSERDA) recently proposed the idea as part of a broader overhaul of the state’s renewable portfolio standard. The state wants to help the solar … [Read more...]

How to Get Utilities to Take Risks In Energy Efficiency Innovation?

Energy Efficiency Innovation: How to Encourage Utilities to Embrace It? What's needed in order for utilities to take more risks and adopt new technologies and services in energy efficiency? What are the benefits of those energy efficiency technologies and services to utilities and consumers? Lisa Cohn of EnergyEfficiencyMarkets.com interviews … [Read more...]

Quick Surge of Power, Fast Market Growth in Ultracapacitors

The ultracapacitor market is growing 30 to 40 percent annually, says Mark McGough, CEO of Loxus, a manufacturer of ultracapacitors. The "ultracaps" provide quick surges of power and don't need to be replaced as often as batteries. They're found in windmills, solar systems and conventional cars to boost efficiency – to name just a few applications. … [Read more...]

More States Leading Utilities to Energy Efficiency–And Controversy Over Funding Them

More state regulators are backing energy efficiency, and the amount of money flowing into state-mandated utility budgets is growing.  What’s more, we’re seeing more states adopt three mechanisms ensuring utilities recover the costs of the programs, says a new report from the Institute for Electric Efficiency (IEE). But with the cost-recovery … [Read more...]