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Mission Innovation: New Initiative Touts Global Goals, has Tennessee Impact

When world leaders gathered in Paris at the end of last month to launch Mission Innovation, they collectively announced a commitment to accelerate clean energy innovation.
 
According to the leadership’s mission, each of the 20 participating countries, including the United States, will seek to double governmental and/or state-directed clean energy research and development investment over the next five years.  New investments will be focused on transformational clean energy technology innovations that can be scalable to varying economic and energy market conditions that exist in participating countries and in the broader world.
 
As the Tennessee Advanced Energy Business Council (TAEBC) continues to champion the state’s advanced energy sector, efforts like Mission Innovation are anticipated are critical.
 
Read more at the energized blog here.

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Reminder: Opportunities in Energy

Tuesday, December 15, 2015
1:30-4:30 PM ET
Howard H. Baker Jr. Center for Public Policy 

Featured Speaker: Reuben Sarkar, U.S. Department of Energy Assistant Secretary for Transportation and Executive Director of the Clean Energy Manufacturing Initiative. 

Register HERE

MEMBER NEWS             

Schneider Electric announces new storage offer, the EcoBlade 

TAEBC Member, Schneider Electric has rolled out to market EcoBlade, a scalable energy storage system to support growth of renewable energy on the grid. The energy storage system is powered by Li-ion batteries. At the highest level, the blades can be integrated into containers to provide multi-MWh and complementary energy management services for the entire grid. EcoBlade is already operational and uses wind and solar energy to manage small – or large-scale peaks in consumption. Read the full story here

Oak Ridge National Labs (ORNL) process could be white lightning to electronics industry

A new era of electronics and even quantum devices could be ushered in with the fabrication of a virtually perfect single layer of “white graphene,” according to researchers at TAEBC Charter Member, Oak Ridge National Laboratory. It is an insulator instead of a conductor of electricity, making it useful as a substrate and the foundation for the electronics in cell phones, laptops, tablets and many other devices. Read the full story here

Genera Energy makes “Hot 40” list 

Vonore-based TAEBC Member, Genera Energy has been named one of the “Hot 40” small companies in the advanced bioeconomy by Biofuels Digest for the second year in a row. The Digest’s “Hot” lists are widely recognized as identifying the companies that represent an ideal blend of visibility and credibility in the industry. Genera Energy was first selected for Biofuel’s Hot 40 ranking in 2014 and came in at number 39 on the 2015 list. Read full story here

Ameresco partners with US schools for energy savings performance contracts

TAEBC Member, Ameresco, a leading energy efficiency and renewable energy company, and the Newport News Public Schools announced that they are partnering on a comprehensive $14.8 million Energy Saving Performance Contract to improve buildings and increase operational efficiency. The infrastructure upgrades are expected to deliver greater energy efficiency and operational cost savings, enhance comfort for building occupants, reduce emissions and demonstrate the Schools’ ongoing commitment to environmental stewardship. Read full story here

ORNL adds Greeneville-based MECO to RevV! project

Greeneville’s MECO Corporation is seeking a whole new path toward innovation that has already found enough success to land an invitation to the White House. MECO received the invitation after being awarded a $125,000 voucher for innovation and product development as part of a new program, RevV!. RevV! was created by the State of Tennessee in partnership with TAEBC Charter Members the University of Tennessee and Oak Ridge National Laboratory. MECO’s project was one of just 13 selected in the first year and the only project selected from Greene County. The proposal will allow the company to enter into a long-term research and development partnership with ORNL. Read full story here

NEWS              

Chattanooga showcases startups, green companies, trucking and bellhops

Multiple companies in Chattanooga recently joined together in a public installation of eco-friendly advertising on a semi-truck. The event called attention to five Chattanooga-area start-ups that are focused on improving sustainable practices in order to better protect the environment. The companies recently gathered to perform an installation of the skirt advertisements at the Tennessee Solar Solutions building, another Chattanooga company that helps homes and businesses become energy independent by designing, installing and maintaining solar powered systems. The combined efforts of these companies are just a natural result of Chattanooga’s nature as a transportation hub and the push for environmentally sustainable business practices. Read full story here

Tennessee government buildings to get $37M in energy upgrades

Tennessee will spend nearly $37 million in the coming year on 33 projects to improve energy efficiency in state buildings and save on its utility costs as part of a new initiative known as Empower TN. The plan is undergoing final approval by the State Building Commission, but once finalized, about a quarter of the funds will go to six projects in East Tennessee. More than $7 million of that will fund campus lighting improvements, heating and air upgrades and an energy management control system at the University of Tennessee’s Chattanooga campus. The projects will eventually pay for themselves with the return on investment calculated over the next three to 10 years. Read the full story here

US surpasses 100MW of storage deployments through Q3 2015, already best year ever

The United States just experienced its largest quarter for energy storage deployments since the fourth quarter of 2012. According to research, the U.S. deployed 60.3 megawatts of energy storage capacity in the third quarter of the year. This represents 53.1 megawatt-hours. The U.S. has now deployed 108 megawatts through the first three-quarters of 2015. Energy storage has started to appear in different utility requests for proposals and grid planning across states, another indication that utilities and policymakers are getting comfortable with the technology and the multiple values it can provide. Read the full story here

Innovative financing for clean energy technologies

U.S. Energy Secretary Ernest Moniz released an Energy Department report that examines innovative financing mechanisms adopted by eight states to spur investments in clean energy, energy efficiency and resilient infrastructure. The report illustrates how state and entities are driving clean energy deployment by leveraging private capital. Energy Investment Partnerships (EIPs) are newly emerging public-private partnerships with the authority to raise capital through a variety of means and can align clean energy finance initiatives and traditional development finance tools to maximize the impact of public funds in accelerating clean energy deployment and economic development. Read the full story here
 

About Tennessee Advanced Energy Business Council

TAEBC is the champion of Tennessee’s advanced energy economy. No other entity in the state concentrates specifically on this robust sector. We educate public officials and business leaders about Tennessee’s advanced energy economy, establish strategic partnerships to connect assets with opportunities, and inform policy that expands and strengthens the industry.

Click here to learn more.
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Tennessee Advanced Energy Business Council is a 501c3 organization.
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