Notes figures. until 2015 and the 2 percent until 2020 produce those
1. NY State Energy Plan served as a guide to this provision- 7.Beyond the defined kW h/GDP metric, RIGEN may ad-
al set of strategy criteria. http://www.nysenergyplan.com/ dress other energy efficiency definitions and metrics as part
presentations/FinalScope2.pdf of similar projects defined in the innovation and manufac-
2. Fund grows based on sale of credits. turing roadmaps.
3. The concept and practice of using career pathways is 8. Green Grid partnered with U.S. EPA to reduce one of its
drawn from: Career Pathways: Aligning Public Resources largest energy costs - electricity at its data centers. “Minor
to Support Individual and Regional Economic Advance- tweaks” at just one facility produced an immediate 20 per-
the primary means of reducing business operational costs 13. Suggested owner - Rhode Island Center for Innovation capacity are estimated. at this time. 15. Suggested owner - Better x Design ment Corporation (RIEDC) and Entrepreneurship (RICIE) oco2003.htm (Table 1) ments-save-epa-15k/ 245% 2% 89.3% 5.3% 34.4% 12.7% of... revenue increase lower equals Expenses 5% Profit Margin - - - - - v 1.0--cent reduction, representing $15,000 annual savings. http://earth911.com/blog/2009/11/24/energy-improve9. www1.eere.energy.gov/industry/datacenters/dc_cep.html 10. New construction and major retrofits completed today will remain in service for decades, even a century. Thus failure to make meaningful changes today will require even more costly upgrades during the building’s service life.11. Bureau of Labor Statistics http://www.bls.gov/oco/12. Source: PRNewswire, U.S. Private Equity Fund-Raising Plummets 68% in 2009; Worst Year and First Sub-$100 Billion Year Since 2003, January 2010. http://dowjones.mediaroom.com/index.php?s=43&item=33716. Current RI wind power employment: 653 workers in three turbine manufacturers. Data for engineers, installers and other workers in existing wind projects is not available 17. Forty REF applications represented $30.2 million in total project value and 61 MW installed capacity. Seventeen funded projects represent $4.2 million in total project value and 16 MW installed capacity. Twelve of the 17 projects requested funds for feasibility studies, so value and IndustrySemiconductorsClothing MfgsBiotechnology
ment in the Knowledge Economy. Davis Jenkins. Workforce
Strategy Center. 2006.
4. In the table below, profit margins for a sampling of in
dustries are displayed. Simple math returns the numbers in
the column to the right that indicate how much revenues
would have to increase to equal a 5 percent reduction in
expenses. Low margin companies benefit more from im
proved efficiency. Taking biotechnology as an example, if
expenses consume 98 percent of revenues, the profits that
would accrue from reducing expenses to 93.1 percent of
revenues (a 5 percent reduction) would otherwise require
almost 2.5 times more in sales to equal.
Reducing the energy and materials inputs required produc
ing the right amount and kind of output. Improving ef
ficiencies of transportation and other business services are
and improving ROA and ROI. Powerful innovations must
happen in order to achieve improved business efficiency.
The United Kingdom, Denmark, Germany and other coun 14. Suggested owner - Rhode Island Economic Develop-
tries have discovered that market based initiatives provide
a better motivating force for innovation than compliance or
“command and control” based policies which are limited
by the vision set forth in the letter of the law.
Source: www.p360.org/dsg.aspx?Data_Set_Group_Id=498 18. www.answers.com/topic/iso-new-england, www.iso-
5. ASHRAE updates the 90.1 code every two years. Rhode ne.com, www.iso-ne.com/portal/jsp/lmpmap/Index.jsp
Island should commit to meeting updated standards. 19. www.pewclimate.org/node/6558, publicservice.ver-
6. While charts are for conceptual use only, they are based mont.gov/Lamoille/glossary-legal.htm#cpg, http://public-
on actual data and conservative projections. Given the service.vermont.gov/energy/ee_renewables.html,
economic conditions and job losses in late 2008 and 2009, 20. Anecdotally, those policies are said to reduce hom-
2010 GDP represents a 10 percent decline from actual eowner installation costs by about $10,000.
2008 GDP of $46.5 billion. 2015 and 2020 figures project 21. In fact, Rhode Island has enacted a “Renewable Energy
a 1 percent annual increase. Electricity consumption data Standard” (RES), which is equavalent to the more common-
is total for Rhode Island, not the industrial/commercial ly enacted “Renewable Portfolio Standard,” the terminol-
component separately. 2010 figure projects the 2000-2007 ogy used for this roadmap.
average rate of increase. Annual decreases of 4 percent
Advancing the Green Economy in Rhode Island 20
Notes figures. until 2015 and the 2 percent until 2020 produce those
1. NY State Energy Plan served as a guide to this provision- 7.Beyond the defined kW h/GDP metric, RIGEN may ad-
al set of strategy criteria. http://www.nysenergyplan.com/ dress other energy efficiency definitions and metrics as part
presentations/FinalScope2.pdf of similar projects defined in the innovation and manufac-
2. Fund grows based on sale of credits. turing roadmaps.
3. The concept and practice of using career pathways is 8. Green Grid partnered with U.S. EPA to reduce one of its
drawn from: Career Pathways: Aligning Public Resources largest energy costs - electricity at its data centers. “Minor
to Support Individual and Regional Economic Advance- tweaks” at just one facility produced an immediate 20 per-
the primary means of reducing business operational costs 13. Suggested owner - Rhode Island Center for Innovation capacity are estimated. at this time. 15. Suggested owner - Better x Design ment Corporation (RIEDC) and Entrepreneurship (RICIE) oco2003.htm (Table 1) ments-save-epa-15k/ 245% 2% 89.3% 5.3% 34.4% 12.7% of... revenue increase lower equals Expenses 5% Profit Margin - - - - - v 1.0--cent reduction, representing $15,000 annual savings. http://earth911.com/blog/2009/11/24/energy-improve9. www1.eere.energy.gov/industry/datacenters/dc_cep.html 10. New construction and major retrofits completed today will remain in service for decades, even a century. Thus failure to make meaningful changes today will require even more costly upgrades during the building’s service life.11. Bureau of Labor Statistics http://www.bls.gov/oco/12. Source: PRNewswire, U.S. Private Equity Fund-Raising Plummets 68% in 2009; Worst Year and First Sub-$100 Billion Year Since 2003, January 2010. http://dowjones.mediaroom.com/index.php?s=43&item=33716. Current RI wind power employment: 653 workers in three turbine manufacturers. Data for engineers, installers and other workers in existing wind projects is not available 17. Forty REF applications represented $30.2 million in total project value and 61 MW installed capacity. Seventeen funded projects represent $4.2 million in total project value and 16 MW installed capacity. Twelve of the 17 projects requested funds for feasibility studies, so value and IndustrySemiconductorsClothing MfgsBiotechnology
ment in the Knowledge Economy. Davis Jenkins. Workforce
Strategy Center. 2006.
4. In the table below, profit margins for a sampling of in
dustries are displayed. Simple math returns the numbers in
the column to the right that indicate how much revenues
would have to increase to equal a 5 percent reduction in
expenses. Low margin companies benefit more from im
proved efficiency. Taking biotechnology as an example, if
expenses consume 98 percent of revenues, the profits that
would accrue from reducing expenses to 93.1 percent of
revenues (a 5 percent reduction) would otherwise require
almost 2.5 times more in sales to equal.
Reducing the energy and materials inputs required produc
ing the right amount and kind of output. Improving ef
ficiencies of transportation and other business services are
and improving ROA and ROI. Powerful innovations must
happen in order to achieve improved business efficiency.
The United Kingdom, Denmark, Germany and other coun 14. Suggested owner - Rhode Island Economic Develop-
tries have discovered that market based initiatives provide
a better motivating force for innovation than compliance or
“command and control” based policies which are limited
by the vision set forth in the letter of the law.
Source: www.p360.org/dsg.aspx?Data_Set_Group_Id=498 18. www.answers.com/topic/iso-new-england, www.iso-
5. ASHRAE updates the 90.1 code every two years. Rhode ne.com, www.iso-ne.com/portal/jsp/lmpmap/Index.jsp
Island should commit to meeting updated standards. 19. www.pewclimate.org/node/6558, publicservice.ver-
6. While charts are for conceptual use only, they are based mont.gov/Lamoille/glossary-legal.htm#cpg, http://public-
on actual data and conservative projections. Given the service.vermont.gov/energy/ee_renewables.html,
economic conditions and job losses in late 2008 and 2009, 20. Anecdotally, those policies are said to reduce hom-
2010 GDP represents a 10 percent decline from actual eowner installation costs by about $10,000.
2008 GDP of $46.5 billion. 2015 and 2020 figures project 21. In fact, Rhode Island has enacted a “Renewable Energy
a 1 percent annual increase. Electricity consumption data Standard” (RES), which is equavalent to the more common-
is total for Rhode Island, not the industrial/commercial ly enacted “Renewable Portfolio Standard,” the terminol-
component separately. 2010 figure projects the 2000-2007 ogy used for this roadmap.
average rate of increase. Annual decreases of 4 percent
Advancing the Green Economy in Rhode Island 20
