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Editor: David Keighley
13th December 2012

Backed by £3 billion of public capital, the UK's Green Investment Bank (GIB) has officially opened for business, with a remit to make investments in industrial sectors including non-domestic energy efficiency projects, biomass power, carbon capture and storage, renewable heat and offshore wind. And it has already announced two significant schemes - construction of an anaerobic digestion plant on Teesside and a major retrofit industrial energy-saving project.

The GIB aims to provide UK industry with financial solutions to accelerate private sector investment in the green economy -- what the Department for Business Innovation and Skills calls "addressing market failures affecting green infrastructure projects". GIB Chair Lord Smith said the bank has "the potential to be a game-changing component of the UK's low carbon economy and a profitable centre of excellence in specialist and renewable investment".

Even so, the bank's initial £3 billion funding is seen as relatively small considering the scale of its wide-ranging remit. And its ability to borrow from 2015/16 hinges on the Government's ability to meet the UK's debt reduction targets. Read more.

EVENTS & EDUCATION

ceSeminars to focus on heat pump technologies
A series of CIBSE-accredited CPD seminars on heat pump technology is to be hosted by CHP and heat pump specialist ENER-G. More?

umEcobuild programme tackles key sustainability issues
Media and exhibitions group UBM has released details of the seminar programme running as part of the 'Ecobuild the future' event at London's Excel venue in March. More?

MACHINERY & PRODUCTION PROCESSES

wgHigh-efficiency motors exceed new IE4 regulations
Weg says its W22 Super Premium motor is the only complete standard range available to exceed yet-to-be-implemented IE4 regulations. More?

aoAtlas Copco extends energy efficient compressor range
Range of AQ oil-free, water-injected screw compressors from Atlas Copco has been extended with the introduction of new models from 15 to 30kW. More?

BUILDINGS & FACILITIES

tmBuilding screed saves time and energy costs
Vitaflex screed from TMM is an energy efficient, skin-safe building material that saves construction time, waiting time, labour costs and water. More?

cdLevelling material offers high level of heat insulation
Cemwood's new levelling product is made from sustainable materials and offers high insulation performance for floors and ceilings. More?

VEHICLES & TRANSPORT

itCeramic coating to cut cost of fuel cell production
Materials company Impact Coatings seeks to change the economics of fuel cell production with a new coating that reduces manufacturing costs. More?

eaIndustry and universities study EV peak charging demand
A two-year project begins next month to study the impact that the recharging of electric vehicles (EVs) may have on the local electricity networks. More?

ENERGY PROCUREMENT & MANAGEMENT

pxPower supply communicates with higher-level controllers
Phoenix Contact's Quint UPS-IQ power supply is an intelligent UPS that provides continuous data about the status of energy storage devices. More?

geUPS range provides reliable power in critical applications
Offering 'three-level converter' technology, GE's new TLE Series UPS can provide mission-critical facilities with efficient, reliable, uninterruptible power. More?

MICRO-GENERATION

enEnergy harvesting 'kit' integrates into automation systems
EnOcean's new energy harvesting 'developer kit' offers OEMs a cost-effective, customised platform for fast integration into building and industrial automation. More?

srBearings developed for increased PV plant efficiency
Schaeffler has developed rolling and plain bearings, as well as linear units, to improve the ability of solar PV collectors to track the course of the sun. More?

FUNDING & FINANCE

elBarker announces funding for energy efficiency research
The Government has announced funding of £39m for a group of research projects to support energy efficiency policy. More?

LEGISLATION, REGULATION & STANDARDS

deConsultation over simplified CRC energy efficiency scheme
Government plans to simply the CRC energy efficiency scheme have been announced by Chancellor George Osborne in his Autumn Statement. More?

David Keighley
Editor
EfficientEnergy.net

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