FOR IMMEDIATE RELEASE
February 25, 2015
Contact: Laura Tierney
Email: [email protected]
INVESTMENT IN U.S. CLEAN ENERGY ON THE RISE
Natural Gas, Energy Efficiency and Renewable Energy Executives Highlight Growth, Falling Prices as Part of Long-term Transformation
New York City, NY — Energy industry executives from the natural gas, renewables and efficiency industries will discuss findings of the 2015 edition of the Sustainable Energy in America Factbook at a briefing with Bloomberg New Energy Finance at the Bloomberg offices later today.
“Investment in U.S. clean energy reached $51.8 billion in 2014, 7% above 2013 levels and five times more than a decade ago. The U.S. energy economy is transforming. In bringing the Factbook to Wall Street, the ‘facts’ demonstrate that our industries are now mainstream industries in the U.S. economy and we want to work with investors to evolve and deepen this transformation,” commented Lisa Jacobson, president of the Business Council for Sustainable Energy.
Here is a preview of what Business Council for Sustainable Energy (BSCE) members who will participate in today’s panel discussion have to say about the 2015 edition of the Factbook and market trends in their industries:
Richard Meyer, Manager, Policy Analysis, American Gas Association
“The Factbook continues to prove that our nation is on a sustainable path with natural gas as a foundation fuel supporting the growth in renewable energy and greater efficiency all contributing to a strong U.S. economy.”
Rob Gramlich, Senior Vice President, Government and Public Affairs, American Wind Energy Association (AWEA)
“Not only has American wind power attracted over $100 billion into the U.S. economy since 2008, leading U.S. companies are investing in wind too. Google, Microsoft, Facebook, Walmart, Yahoo! and Amazon have chosen to invest in wind because it’s a good deal. Clean, affordable wind power offers long-term, fixed-rate contracts that provide these companies with the kind of certainty and reliability they need to run an efficient business.”
Mark Wagner, Vice President, Government Relations, Johnson Controls:
"The Factbook clearly shows significant and steady increases over the last decade in the adoption of energy efficiency policies, investments in energy efficiency programs and projects, and the amount of Energy Star certified buildings. These factors all help to contribute to another interesting fact in the book: Annualized electricity demand growth from 2007-2014 has been zero."
Paul Bertram, Director: Environment, Sustainability, Public Affairs, Kingspan Insulated Panels
“The Factbook shows that there are more opportunities in buildings to improve demand-side energy efficiency. Kingspan believes that starts with envelope first energy efficiency with pathways to net-zero energy.”
The Business Council for Sustainable Energy commissioned Bloomberg New Energy Finance to research and write the 2015 Sustainable Energy in America Factbook in order to provide policy makers, journalists and industry professionals with up-to-date, accurate market information. The complete report and associated materials are available at: https://www.bcse.org/sustainableenergyfactbook.html.
Download the full press release.