Lunedì 21 ottobre abbiamo ospitato Harris B. McDowell, Senatore dello Stato di Delaware. Tema del giorno: Sostenibilità, ambiente e obbligazioni etiche.
Il senatore ha analizzato la relazioni tra politiche economiche, ambiente e gli effetti sul mercato. Ci ha parlato in particolare del Programma Better Buildings dell’amministrazione federale e di uno studio su “start-up, nuova occupazione e finanziamento del non-consumo energetico attraverso un utilizzo etico del mercato obbligazionario”.
3. – not consuming
The cost of saving energy is significantly less than electricity rates throughout the U.S.
Source: Erhardt-Martinez & Laitner (2008) The Size of the U.S. Energy Efficiency Market. ACEEE.
6. The Sustainable Energy Utility
http://www.energizedelaware.org/
The SEU is a new utility serving the interests of sustainability. It partners with existing utilities
while building and investing in a sustainable energy infrastructure.
•
The SEU was fist established by the State of Delaware on June 28, 2007 to:
- Promote, provide and invest in energy efficiency services – Legislated Target: 30% Reduction in energy use by 2020
- Promote, provide and invest in increased deployment of Distributed Renewable Generation – Legislated Target: 10-20%
of Electricity Sales from Distributed Renewables by 2020
•
The SEU exists as a public/private partnership combining the best of both worlds
- SEU is organized as a non-profit tax-exempt 501(c)(3) organization
- Day to day operations are conducted by for-profit companies, non-profits & others specializing in the energy sector
- Eliminates silos and provides solutions throughout the energy spectrum
Old Model
New Model
Affordable
Energy
Distributed
Renewables
Electricity
Electricity
Natural
Natural
Gas
Gas
Transport
Transport
Water
Water
Gasoline/
Gasoline/
Diesel
Diesel
Less Electricity
Education
Education
Green
Buildings/
Green
Neighborhoods
Water/
Materials
Conservation
6
SEU
Less
Transportation
Energy
Less Heating Fuel
Education
7. SHIFTING THE ENERGY PARADIGM:
THE SUSTAINABLE ENERGY UTILITY MODEL
Developed at the Center for
Energy
&
Environmental
Policy,
the
Sustainable
Energy Utility (SEU) is an
innovative
public-private
partnership
exclusively
delivering renewable energy
and conservation services
Implemented in:
− Delaware
− Vermont
− Washington, DC
− Sonoma County, CA
In development:
−
−
−
−
−
Philadelphia
Maryland
United Kingdom
Seoul, South Korea
Cities in China
8. SNAPSHOT OF THE
DELAWARE SEU ENERGY EFFICIENCY BOND SERIES
FOCUS:
PUBLIC & NON-PROFIT FACILITIES
TRANSACTION: TAX-EXEMPT BOND FINANCING
SOLD ON AUGUST 1, 2011
RATED AA+ BY STANDARD & POOR’S
PAR VALUE OF THE BOND = $67.45 MIILION;
WITH PREMIUMS, TOTAL INVESTMENT = $72.55 MILLION
BORROWING:
EFFECTIVE BORROWING RATE = 3.67%
SERIAL BONDS ranged in maturity from 1 year (borrowing
rate = 0.65%) to 20 years (borrowing rate = 4.37%)
BORROWING RATE FOR AVERAGE CONSERVATION
MEASURE PAYBACK (~14 YEARS) = 3.77%
9. SNAPSHOT OF THE
DELAWARE SEU ENERGY EFFICIENCY BOND SERIES
SIX STATE PARTICIPANTS
BOND PROCEEDS (incl.
Premium)
Department of Children, Youth and Their Families
$ 1.667 million
Department of Correction
$39.699 million
Department of Natural Resources and
Environmental Control & Carvel State Office Building
$ 6.205 million
Legislative Hall, State of Delaware
$ 5.199 million
The State Courthouse in Sussex County)
$ 1.012 million
TWO HIGHER EDUCATION INSTITUTION PARTICIPANTS
Delaware State University
$12.108 million
Delaware Technical and Community College (3 campuses)$ 6.661 million
10. SNAPSHOT OF THE
DELAWARE SEU ENERGY EFFICIENCY BOND SERIES
SIX ESCOs
Ameresco
Noresco
Honeywell
Pepco Energy Services
MAJOR INSTITUTIONAL BUYERS
Definitive Capital
Lord Abbott
Gannett
First New York Securities
Merrill Lynch
Johnson Controls
Seiberlich Trane
14. The White House
Office of the Press Secretary
For Immediate Release
December 02, 2011
We Can't Wait: President Obama Announces Nearly $4 Billion Investment in
Energy Upgrades to Public and Private Buildings
In the White House press release on the President’s Better Buildings Challenge, the
Delaware & Washington DC SEUs were recognized for accomplishments meriting
national attention.
.
At the 6th Clean Energy Summit in Manila (2011), the Asian Development Bank
recommended the SEU Model to the region’s policy-makers.