Funding for Energy and Resource Efficiency

Posted by on Oct 18, 2017 in Blog, My Book | 0 comments

Survey after survey** of energy management professionals show that a lack of resources is the most commonly cited cause for rejecting investments in energy and resource efficiency projects.

At the same time, the International Energy Agency’s World Energy Outlook 2012 reported that for their “Efficient World Scenario” that “Additional investment of US$11.8 trillion in more efficient end-use technologies is needed, but is more than offset by a US$17.5 trillion reduction in fuel expenditures and US$5.9 trillion lower supply-side investment.” 

Clearly, a key to success in achieving a more efficient world is down to our ability, as efficiency practitioners, to obtain funding.

The excuse given by decision-makers that “we don’t have the money” is rarely true. If we are honest with ourselves, this response is often due to our own inability as practitioners to create a sufficiently compelling business case – one that addresses the many non-financial barriers that exist. My 840-page book on energy and resource efficiency is largely dedicated to sharing my own experience of these barriers and how they may be overcome:

  • By properly quantifying the value that efficiency generates (e.g. dealing with hidden and missing costs, and valuing co-benefits)
  • By understanding structural barriers (such as split incentives, irreversibility and term issues)
  • By addressing psychological barriers (sunk costs fallacies, loss aversion, certainty bias etc.)

But let’s, for a moment, assume that there really is an availability barrier – i.e. no money.  What then? Well, my book also describes 12 methods, in addition to conventional outright purchase, which can fund efficiency projects. Click the link below for a poster setting out the financial flows, pros and cons of these methods.

For a practical, comprehensive exploration of these challenges, please do download the free PDF of the book available on my website, which also describes each funding technique shown in the poster in detail. The book is full of real-world case studies and useful techniques that can help efficiency practitioners in any organisation, small or large.

In time decision-makers will gain appreciation of the great skills and value that our profession brings to organisations and communities. Indeed it us – efficiency practitioners – who are the key to solving the major challenge of our age: “how to do more with less”. Please do share this link with others to spread the word and share the knowledge.


** see for example: Prindle, William, and Andre de Fontaine. A Survey of Corporate Energy Efficiency Strategies, ACEEE Summer Study on Energy Efficiency in Industry 5, 13 (2009) or Institute for Building Efficiency. 2013 Energy Efficiency Indicators (2013)

Read More

Why I remain optimistic.

Posted by on Aug 4, 2017 in Articles, Blog | 0 comments

Several pieces of news have caught my attention in the last few days which have challenged my generally positive outlook on climate change issues. Despite this, I remain stubbornly optimistic about our ability to rise collectively to the challenges we face, as I will explain…. first though, the bad news…

 

Let’s start with the report from the BBC of a recent study by  Eun-Soon Im, Jeremy S. Pal, and Elfatih A. B. Eltahir. This considered an aspect of global warming which, I must admit, has passed me by – that is the impact of temperature on human survival. Not, I hasten to add, the conventional “dry bulb” temperature measurement we are all familiar with from weather forecasts (and which are hitting all-time highs in Europe in the last few days, in excess of 43 °C in Cordoba, in the south of Spain, for example) but rather the more esoteric “wet bulb” temperature.

This measurement is the lowest temperature that can be achieved by evaporating water from a surface. In a low humidity environment, the wet bulb temperature can be considerably lower than the dry bulb temperature (as heat energy – aka latent heat – is needed to evaporate the liquid water, so lowering the temperature of the surface). As the moisture in the atmosphere rises, however, the potential for further evaporation decreases and so the wet bulb temperature approaches the dry bulb temperature until we reach 100% humidity, when both temperatures are the same.  

Read More

Free PDF of “Energy and Resource Efficiency without the tears”

Posted by on May 21, 2017 in Blog, My Book, News | 0 comments

I am absolutely delighted to announce that the two volumes of my book on energy and  resource efficiency have now been published as a single book.

As part of SustainSuccess’ contribution to sustainability the book, all 840 pages, is being made available FREE, in the Adobe PDF format.

I have been humbled by the outstanding reviews that leading folks in the efficiency world have give to the book:  

  • …the definitive source or making sense of energy efficiency and all of its attendant benefits.” [Christopher Russell –  Visiting Fellow, Industrial Programs,  American Council for an Energy Efficient Economy,  author of “Managing Energy from the Top Down“];
  • For anyone interested in a practical guide to improving resource and energy efficiency, this is the one and only book you need to own” [Dr Steve Fawkes – Managing Partner, EnergyPro, author of “Energy Efficiency“];
  • A very practical book which covers all the bases for practitioners and students of energy and resource efficiency alike. [Tim Sullivan – Director Energy & Property Compliance, Rolls-Royce.];
  • An authoritative and comprehensive book that will help any organisation justify and implement an effective energy and resource efficiency programme [Ray Gluckman – former President of the Institute of Refrigeration]
  • Niall Enright has produced a remarkably comprehensive manual for energy efficiency, which combines high-level insights and practical tips for developing and implementing projects and programs” [Donald Gilligan – President NAESCO]

You can get the free PDF easily. Simply go to the store, add the book to your basket and check-out. You will not be charged for the book, and on completing the check-out process, will received a download link to the PDF (17 MB).

The combined print version retails for £59.99 in paperback and £79.99 in hardback – including free postage options to most markets. The print versions also include free access to the companion files, for which there is a very modest charge for PDF version readers.

Please do feel free to:

  • Share the link to this post on your own social media pages. The shortened link is: http://bit.ly/2rqzfL7
  • Share the PDF with others (although it is better that folks download the file from the shop as they can be informed about updates to the text or additional materials)

Please don’t hesitate to give me feedback on the book. The beauty of print on demand (and PDF) is not only that this is a resource-efficient method of publication but also that the content can easily be updated regularly. You can also award the book between 1 star and 5 stars in the store, so please do come back and give it a rating!

All the best,

Niall Enright

Read More

Book proofs arrive!

Posted by on Oct 10, 2016 in My Book, News | 0 comments

Very early proofs of the book Niall Enright has been working on for six years have now arrived!

img_2594img_2589

The opinions of colleagues and family have been sought on whether to publish the print edition as one volume or two. The advantage of 1 volume  is:

  • There can be a single index so that all references to a topic are in one place
  • Internal cross-references make better sense as the two volumes are closely linked
  • The cost will be lower than for two separate volumes

 

The disadvantages of the single volume approach are:

  • Only the lightest paper can be used for the paperback version (so there is some “show through”)
  • It is heavy, so no exactly a cover-to-cover read, more of a reference book.

It is now looking very much like the publication date will be in Q2 2017.  The intention is to release a free PDF. The print copy will be published via IngramSpark which is the most resource-efficient method of publication since they print in three continents (so the shipping distance will be minimised) and only the required number of books (1+) are produced so waste or “pulping” of unsold copies will be eliminated.

See the section on My Book for more details.

Read More