Energy Efficiency | Page 214

Amid a growing number of net zero targets coming from large companies, there is an emerging need to set standards and common language in order for stakeholders to make sense of it all, a new study found.

The City of Virginia, Minn., announced Nov. 10 that it completed a citywide energy efficiency project financed by a $2.5 million Energy Savings Performance Contract (ESPC) that will guarantee energy cost savings and reduce municipal energy consumption by approximately 21%.

Knight-Swift Transportation Holdings reported in its new sustainability report that it is pursuing an interim target of a 5% reduction in emissions by 2025 along the way to its previously made target of a 50% reduction by 2035.

It's the weekend! Kick back and catch up with these must-read articles from around the web.

Richland County School District in South Carolina announced Oct. 30 that it will be using an energy savings performance contract (ESPC) for efficiency upgrades that will save the district more than $28 million in energy costs over 20 years.

Small- and medium-sized commercial and industrial facilities in Alberta, Canada, will soon have the opportunity to take advantage of a $55 million fund from the government for energy efficiency upgrades.

Aramark announced Oct. 30 that its headquarters office space in Philadelphia received LEED Silver certification for its sustainable design and construction.

The University of British Columbia received additional funding from the Canadian government for the progression of an energy efficiency initiative that is expected to reduce CO2 emissions by 14,600 tons.

Many market trends today revolve around resiliency, sustainability, and reduction in carbon emissions. These are all at the forefront of customer's minds and are driven by their own corporate ESG goals. In this episode of Smart Energy Voices, Robert Vary, Senior Vice President Sales & Relationship Management, Duke Energy, discusses energy solutions that allow customers to conserve their own capital while providing subscription payments that allow customers to have a predictable budget on what they spend on energy efficiency.

The City of Medford, Ore., expects to reduce its energy consumption, maintenance costs and carbon emissions through a new $4 million contract for the installation of LED lighting in its street lights and park department lighting.