Building Energy Performance Certification Completed

Green Growth Energy Services has successfully bid for and completed work on behalf of the Cyprus Institute of Neurology and Genetics for a Building Energy Performance Certificate. The work identified a number of opportunities for improvement in energy performance.

Building Energy Performance Certification is now required by law for permitting new buildings or obtaining a planning permission for major changes to existing buildings. It involves the use of standardized software and standardized assumptions to benchmark a theoretical version of the building under study against a similar, virtual “reference building”. The process deliberately sidesteps the operational aspects of the use of a building so as to yield an energy performance rating class for the building that is independent of the energy consumption habits and preferences of any particular user or owner of that building.

Unlike the Building EPC process mandated by law, an energy audit is unconstrained and in the hands of experts, the audit will usually uncover all efficiency opportunities that would be missed by the Building EPC process and also correctly estimate payback periods. For example, lighting that is typically left on 20 hours a day, e.g in a hotel lobby, is a much better candidate for replacement with more energy efficient lighting than lighting in the conference rooms which is on only when the room is occupied. The Building EPC process is rigid in such things, and will not allow the user to vary the number of hours that lights are turned on.

Green Growth dubbed “the new business revolution” by The Telegraph

In order for the UK to reduce its carbon footprint, Britain’s businesses must focus on green growth and sustainability. British firms bold enough to join the low-carbon revolution early have already reaped the benefits.

Full coverage, with a number of related articles and essays sponsored by The Carbon Trust can be found here on The Telegraph’s website.

Europe Considers “Green Bonds” to battle Energy and Climate Crises

Quoting from a blog post on SmartPlanet:

Austerity is the new watchword in a Europe that’s encumbered with massive public debt. Governments are now turning to “green” bonds to cover the cost of transitioning Europe to clean sources of energy.

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Why Some Cities Are More Energy Efficient Than Others

The most common urban legend standing in the way of higher energy efficiency is the false choice between an increase in prosperity or reduction of carbon footprint. Now, this study attacks the legend, by benchmarking the economic and energy performance of global cities, including New York, Tokyo, and Cape Town against each other. The results were interesting: Continue reading

Completed Energy And Opportunity Assessment

Green Growth Energy Services completed today an energy and opportunity assessment for a 4 star, 175-room hotel. Potential savings totalling €91,000 per annum in electricity and heating oil were identified, arising from six different initiatives which were costed at a total budget of €280,000. Continue reading

Green Growth Founders Receive Stelios Award

George Lordos, Erol Riza and Tamer Zaim of Green Growth Energy Services were honoured today by Sir Stelios Haji-Ioannou with the Stelios Award for Business Cooperation in Cyprus 2010. Continue reading

Energy Efficiency becomes Top E.U. Priority

Using energy more efficiently is the cheapest way to reduce greenhouse gas emissions. It also has economic, energy security and employment benefits. Continue reading

Completed Energy Audit

In June 2010, Green Growth Energy Services completed an energy assessment for the Bank of Cyprus headquarters in Nicosia, and found significant energy savings opportunities. Continue reading

Launch of Green Growth Energy Services

Green Growth Energy Services was founded in August 2009 in Nicosia, Cyprus by George Lordos, Erol Riza and Tamer Zaim with the objective to be the first ESCO (Energy Services Company) in Cyprus. Continue reading