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NEWS


US energy effi ciency is crowded out, says report


The US is not ambitious enough about energy effi ciency and allows ‘riskier and more expensive’ plans for developing new energy sources to take precedence, according to a report from the American Council for an Energy-Effi cient Economy (ACEEE). The report outlines how the US


could cut energy consumption by almost 60%, add nearly two million jobs, and save energy consumers as much as $400bn per year by 2050. Greater investment in energy


effi ciency would allow lower investments in power plants and other supply infrastructure, substantially lowering overall energy expenditures, it says. Each household could save


around $2,600 a year, it claims, if the country stopped letting new energy developments ‘crowd out’ energy effi ciency schemes.


Cooling towers in Chicago. The US is criticised for not doing enough about energy effi ciency ‘Large-scale energy effi ciency


advances are by far the smartest investment for America,’ said ACEEE director of economic and social analysis John Laitner. ACEEE outlined potential


savings of 60% in existing buildings, and 70% to 90% in


new buildings, through the use of ‘advanced heating and cooling systems’ including ground-source heat pumps and condensing boilers and by cutting energy distribution losses. www.aceee.org ● See ASHRAE conference report, pages 27-28


In Brief


BIDS TO RUN GREEN BANK The Business Secretary Vince Cable has reported that 32 bids have been received from companies wanting to run the Green Investment Bank. The bank is designed to accelerate private sector investment in the UK’s transition to a green economy, with priority sectors including offshore wind power generation and waster processing/recycling. www.bis.gov.uk


LEGAL CONTRACTS UPDATE HVCA Publications, the publishing arm of the Heating and Ventilating Contractors’ Association, has launched three updated commercial and legal contracts – CL21 Conditions of Trading, CL70 Maintenance Agreement, and CC8/11 Condition of Sub-Sub-Contract. The three contracts form part of a suite of commercial and legal publications that the organisation plans to update regularly. www.hvcapublications.co.uk


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