The EU has set itself an enormous green energy policy challenge over the next decade which will involve massive capital investment into new technologies, huge investment in grid infrastructure, as well as replacement of existing capacity as older plants reach the end of their life. But with the economy now once again in growth and thus the demand for Energy rising, will such massive change be effected as suppliers turn back to fossil fuels to meet new demands? Michael Lewis, Managing Director Europe for E-On assesses such a question and will announce his findings in his keynote at this year's illustrious NGU Summit in Bremen Germany next month. The Summit (run by GDS International) has been the home for the Utility elite for many years, and this meeting is no different with a consortium led by, Dominique Fache, Chairman, ENEL, Kevin McCollough, COO, RWE, Eddie O'Conner, CEO, Mainstream Renewable Power, and Alan Thompson, Head of Renewable Centrica.

Today the Department of Energy (DOE) announced the award of 16 new Indefinite Delivery Indefinite Quantity (IDIQ) Energy Savings Performance Contracts (ESPCs) that could result in up to $80 billion in energy efficiency, renewable energy, and water conservation projects at federally-owned buildings and facilities. ESPCs help to meet the federal government’s energy efficiency, water conservation, and renewable energy goals. The federal government is the largest single user of energy in the United States and these awards demonstrate a commitment to sound government stewardship by recognizing efforts to save energy, reduce federal energy costs, cut greenhouse gas emissions, bring more cutting-edge technologies to use, strengthen national security, and create a stronger economy.

“This set of awards will ensure that federal agencies have access to powerful tools for alternative financing at a scale that is needed to meet our challenge of reducing energy intensity, increasing the use of renewable energy, and decreasing water consumption.” U.S. DOE Secretary Samuel W. Bodman said.