The newly formed Investor Confidence Project (ICP) is attempting to provide a definitive set of criteria for energy efficiency projects—a kind of good housekeeping standard for green investments.
Created by the Environmental Defense Fund (EDF), ICP aims to provide confidence in investments for energy efficiency upgrades, a needed service the organization says will help spur more such projects. “In today’s commercial real estate market, there are a variety of different standards for identifying, designing, and implementing accretive energy efficiency projects,” writes John Rockwell, a national client manager at Partner Energy, an energy consulting firm.
“This variety creates uncertainty among building owners, managers, and investors who seek to understand Return on Investment (ROI) of potential efficiency projects. Compounding this issue is the fact that energy projects are often too small and too unique to effectively underwrite and reflect in the valuation of the real estate as a whole.”
Rockwell writes that the ICP’s adherence to rigorous engineering standards makes for more confident investing in sustainable projects.
Related Stories
| Aug 11, 2010
Autodesk 2010 Certification Now Available for Design Professionals
Autodesk, Inc., (Nasdaq: ADSK), today announced that design and engineering professionals can become Autodesk Certified in AutoCAD 2010, Autodesk Inventor 2010, Autodesk Revit Architecture 2010, and AutoCAD Civil 3D 2010 software. Becoming Autodesk Certified allows professionals, and companies boasting Autodesk Certified employees, to validate their industry skills and knowledge, demonstrate expertise and gain credibility.
| Aug 11, 2010
Sika Sarnafil launches sustainable roofing resource website SustainabilityThatPays.com
Sika Sarnafil, the worldwide market leader in thermoplastic roofing and waterproofing membranes, today launched a new web site dedicated to supporting sustainability principals and environmentally responsible building. The streamlined site, SustainabilityThatPays.com &http://www.SustainabilityThatPays.com> provides the building owner with critical information on selecting roofing and waterproofing systems...
| Aug 11, 2010
9 rooftop photovoltaic installation tips
The popularity of rooftop photovoltaic (PV) panels has exploded during the past decade as Building Teams look to maximize building energy efficiency, implement renewable energy measures, and achieve green building certification for their projects. However, installing rooftop PV systems—rack-mounted, roof-bearing, or fully integrated systems—requires careful consideration to avoid damaging the roof system.
| Aug 11, 2010
USGBC’s Greenbuild 2009 brings global ideas to local main streets
Save the planet with indigenous knowledge. Make permanent water part of your life. Dive deep water for clues to environmental success. Connect site selection to successful creative concepting. Explore the unknown with Discovery Channel’s best known guide. These are but a few of the big ideas participants can connect to at USGBC’s Greenbuild International Conference and Expo, taking place on November 11-13, 2009 in Phoenix, Ariz.
| Aug 11, 2010
Johnson Controls announces program to help customers reduce chiller energy costs by up to 40%
Johnson Controls Inc., the global multi-industrial leader in providing energy efficiency solutions, is launching a new program to help owners of YORK® centrifugal chillers reduce chiller energy use by up to 40 percent. The program encourages facility managers to install variable-speed drive (VSD) technologies and identifies rebates and other financial incentives to assist with the payback.
