1. The document discusses creating national will to achieve the national destiny and purpose set by GCC country leaders, including reducing energy demand and emissions.
2. It presents district cooling as a way to efficiently cool different building types and proposes various investment options for states, recommending public-private partnerships and third party investments.
3. A decision matrix compares investment alternatives based on economic and financial factors, concluding that a third party investment using a BOOT method is most suitable.
The document provides a summary of the key highlights of the Union Budget 2011 from the perspective of the real estate sector in India. Some of the positive measures for real estate announced in the budget include an increase in the rural housing fund, interest subvention on housing loans, and higher priority sector lending limits for housing loans. However, several demands of real estate developers and other stakeholders remained unaddressed, such as reforms to FDI norms, GST introduction, and infrastructure status for real estate. The budget focused on boosting infrastructure and affordable housing. Overall, the real estate sector reacted positively but most major issues impacting it were not addressed.
Funding Public Infrastructure Stephen Labson slEconomicsStephen Labson
The purpose of this document is to provide an overview to broad options at hand in funding public infrastructure. In developing this overview we have had regard to a number of funding approaches found in practice, and have provided a small set of case studies so as to illustrate key aspects of various approaches and options.
The document discusses presentations from the EEI Financial Forum on November 11, 2008. It includes sections on forward-looking statements, Integrys Energy Group's vision and mission, its regulated utilities serving over 2 million customers in the Midwest, American Transmission Company's service territory and investments, Integrys' regulated utility capital projects, the Weston 4 power plant project, Wisconsin Public Service and Michigan Gas Utilities rate cases, and prospects for future growth in value from regulated utilities.
This workshop will explore how organizations can utilize various federal, state, and private financing sources combined with innovative ideas to create affordable rural rental housing for veterans, seniors, and families. Participants will learn to analyze project cash flow, maximize private investment, leverage tax credits, and bridge financing gaps.
Integrys Energy Group has maintained a strong dividend track record despite volatile market conditions. The company's stock investment plan allows shareholders, employees, and the public to purchase stock with no brokerage fees or commissions. Participants can choose to reinvest all, some, or none of their dividends and can make optional cash payments up to $100,000 per year to purchase additional shares.
This document discusses various tax credits, deductions, and programs available for greening affordable multifamily housing. It provides an overview of the federal tax incentives available, including the 30% investment tax credit, 10% investment tax credit, production tax credit, energy efficiency tax deduction, and bonus depreciation. It also discusses state and utility-based programs in Massachusetts. Finally, it provides an example of a potential solar retrofit project using these incentives and financing structures.
The document provides an economic update for February 2012 from Sri Lanka. It discusses the following key points in 3 sentences:
Commercial Bank of Ceylon achieved strong growth in 2011, with profits exceeding Rs. 10 billion. Standard & Poor's revised Sri Lanka's outlook to stable from positive due to external liquidity concerns and high public debt. Tourist arrivals to Sri Lanka rose 27% in February 2012 continuing growth from 2010, with the largest number coming from neighboring India.
The document provides a summary of the key highlights of the Union Budget 2011 from the perspective of the real estate sector in India. Some of the positive measures for real estate announced in the budget include an increase in the rural housing fund, interest subvention on housing loans, and higher priority sector lending limits for housing loans. However, several demands of real estate developers and other stakeholders remained unaddressed, such as reforms to FDI norms, GST introduction, and infrastructure status for real estate. The budget focused on boosting infrastructure and affordable housing. Overall, the real estate sector reacted positively but most major issues impacting it were not addressed.
Funding Public Infrastructure Stephen Labson slEconomicsStephen Labson
The purpose of this document is to provide an overview to broad options at hand in funding public infrastructure. In developing this overview we have had regard to a number of funding approaches found in practice, and have provided a small set of case studies so as to illustrate key aspects of various approaches and options.
The document discusses presentations from the EEI Financial Forum on November 11, 2008. It includes sections on forward-looking statements, Integrys Energy Group's vision and mission, its regulated utilities serving over 2 million customers in the Midwest, American Transmission Company's service territory and investments, Integrys' regulated utility capital projects, the Weston 4 power plant project, Wisconsin Public Service and Michigan Gas Utilities rate cases, and prospects for future growth in value from regulated utilities.
This workshop will explore how organizations can utilize various federal, state, and private financing sources combined with innovative ideas to create affordable rural rental housing for veterans, seniors, and families. Participants will learn to analyze project cash flow, maximize private investment, leverage tax credits, and bridge financing gaps.
Integrys Energy Group has maintained a strong dividend track record despite volatile market conditions. The company's stock investment plan allows shareholders, employees, and the public to purchase stock with no brokerage fees or commissions. Participants can choose to reinvest all, some, or none of their dividends and can make optional cash payments up to $100,000 per year to purchase additional shares.
This document discusses various tax credits, deductions, and programs available for greening affordable multifamily housing. It provides an overview of the federal tax incentives available, including the 30% investment tax credit, 10% investment tax credit, production tax credit, energy efficiency tax deduction, and bonus depreciation. It also discusses state and utility-based programs in Massachusetts. Finally, it provides an example of a potential solar retrofit project using these incentives and financing structures.
The document provides an economic update for February 2012 from Sri Lanka. It discusses the following key points in 3 sentences:
Commercial Bank of Ceylon achieved strong growth in 2011, with profits exceeding Rs. 10 billion. Standard & Poor's revised Sri Lanka's outlook to stable from positive due to external liquidity concerns and high public debt. Tourist arrivals to Sri Lanka rose 27% in February 2012 continuing growth from 2010, with the largest number coming from neighboring India.
Utah provides financial incentives for renewable energy projects through the Renewable Energy Development Incentive (REDI) program. REDI offers a refundable tax credit for up to 100% of new state tax revenues generated by a project over 5-10 years. To qualify, projects must generate renewable energy or related manufacturing and create high-paying jobs. The state has set goals to increase energy efficiency 20% and derive 20% of electricity from renewables by 2025 to encourage renewable development.
Presented at a round table of the Commission for Environmental Cooperation and its Trilateral Green Building Construction Task Force during GreenBuild in San Francisco, California, on November 13, 2012.
This document provides an overview of local governance in Ukraine from 2010-2012. It discusses the legal framework for local governments, their responsibilities and funding sources. Key issues included insufficient funding, failure of the national government to fully fund delegated mandates, and problems in the housing and utilities sector due to low and non-cost-covering tariffs. The document also outlines some reforms needed, such as increasing local budgets, calculating transfers transparently, and reforming the utilities sector.
All the sectors including real estate had a number of expectations from the budget. The budget provides incentives for housing sector including ECB for low cost affordable housing projects, increase in provision for rural housing and extension of the interest subvention scheme of 1 percent on housing loan etc.
This document provides an overview of HUD/FHA programs, Low Income Housing Tax Credits, and Private Activity Bonds for financing affordable housing development. It discusses the history and features of various HUD active programs including sections 221(d)(3), 221(d)(4), 223(f), 231, 232, and 242. A case study demonstrates an example HUD underwriting analysis. It also summarizes how Low Income Housing Tax Credits and Private Activity Bonds can be used to finance affordable housing development through public-private partnerships.
The document provides background on the Affordable Housing Tax Credit program and discusses legislative changes that have impacted the program. It describes how the Housing and Economic Recovery Act of 2008 and American Recovery and Reinvestment Act of 2009 increased tax credits and other funding to boost affordable housing development during the economic downturn. It also outlines how Midwest Housing Equity Group invests in low-income housing tax credit projects to raise equity for development.
The document summarizes KfW Bankengruppe's financing activities to promote a greener economy and climate protection. KfW provides various funding programs to support renewable energy, energy efficiency, and environmental protection projects in Germany and internationally. In 2009, KfW committed €19.8 billion to financing projects in these areas. KfW works with a variety of partners and leverages both public and private funds to maximize its impact in supporting the transition to a lower carbon economy.
This document summarizes a presentation given by Diane Oakley of the National Institute on Retirement Security (NIRS) about public pension plans. The presentation discusses opportunities and challenges facing public pensions, stakeholders in public pensions, the importance of focusing on retirement policy, and lessons learned from well-funded plans. It provides statistics on the economic impacts of public pension benefits and expenditures. The presentation aims to distinguish facts from assertions and prevent short-sighted policies in public pension discussions.
The document discusses using funds from the American Recovery and Reinvestment Act (ARRA) to support energy efficiency and clean energy financing programs. It outlines how ARRA funding is being used to expand existing revolving loan funds, create loan loss reserves, and issue Qualified Energy Conservation Bonds and New Clean Renewable Energy Bonds to finance energy projects. The development of secondary markets for loans is also discussed as critical to attracting private capital and driving down interest rates for consumers.
Comcast is creating a premier media and entertainment company through a joint venture with GE. The joint venture will combine Comcast's cable channels, regional sports networks, and digital assets with NBC Universal, bringing together strong content creation and distribution capabilities. The transaction positions the company for continued innovation and growth across cable, broadcast, film, and theme parks. It builds shareholder value through an attractive structure that maintains Comcast's balance sheet strength while providing a 51% controlling ownership. The new joint venture is expected to be financially strong and self-fund the redemption of GE's remaining 49% interest over time.
The document provides an overview of the City of Los Angeles' fiscal year 2012-13 budget presented by Miguel A. Santa Ana. It discusses that the general fund supports most municipal services while special funds are generated for specific purposes. It also notes that public safety accounts for over a third of general fund appropriations while pensions account for nearly a fifth. Additionally, it outlines challenges like the economy, federal actions, and pensions as well as potential solutions to address budget deficits.
Vascon Engineers Limited presented an overview of their Q1 FY11 performance and business outlook. Key points include: Revenues for Q1 FY11 grew 45.8% to Rs. 2051.1 million with a PAT of Rs. 138.4 million, up 31.6%. The order book stands at Rs. 44,300 million with a backlog of Rs. 32,300 million. Upcoming projects in real estate include developments in Pune and Coimbatore totaling over 1 million square feet. Vascon also acquired GMP Technical Solutions to strengthen manufacturing and services capabilities. The company aims to synergize its EPC and real estate businesses and grow as a leading player in construction, real
1) Home equity loans, also known as second mortgages, allow homeowners to borrow against the equity in their home. There are two main types - fixed-rate loans which provide a lump sum payment that is repaid over a fixed period at a set interest rate, and home equity lines of credit (HELOCs) which function like credit cards with a pre-approved spending limit.
2) While home equity loans offer lower interest rates than other types of consumer loans, the document cautions that they should only be used judiciously as relying on them for daily expenses could lead to overspending and debt issues.
3) The document provides a brief overview of government health care spending in the US
This document discusses innovative financing for green projects and a greener economy. It outlines opportunities in renewable energy but also challenges in financing green projects due to issues like risk, lack of long-term capital and policy uncertainty. It proposes best practice solutions like bundling small projects, using carbon credit revenues to derisk projects, and implementing green taxes. It discusses the role of development finance institutions and export credit agencies in mitigating risk and catalyzing projects. Finally, it introduces Green Capital Advisors, a firm that provides advisory services around sustainable financing policies, programs and projects.
The document summarizes Illinois' fiscal crisis and budget challenges. It notes that Illinois faces a $13.7 billion operating deficit for FY2011, equal to 52.2% of its general revenue fund appropriations. To address this, Illinois relies heavily on one-time revenues like debt issuance, fund sweeps, and federal stimulus funds. Over the long term, Illinois has seen the loss of high-paying manufacturing jobs replaced with lower paying service jobs without benefits. This has contributed to economic problems and budget deficits that Illinois has struggled to adequately address through recurring revenues and spending priorities.
Terex Materials Processing & Mining is a $2.6 billion provider of surface mining and aggregate equipment solutions worldwide. It has a profitable and growing business with strong margins. The mining equipment industry is large at $20 billion annually and focused on surface mining processes. Terex is well positioned in this industry with its mining trucks and hydraulic excavators, which are focused on the largest metal and coal mining customers. Terex sees opportunities to continue growing its business through expansion in key regions and markets.
Debt review presentation qecb-power saver, march 2012HarcourtBrownEF
This document discusses launching a residential energy upgrade program in Salt Lake County using a combination of Qualified Energy Conservation Bonds (QECBs) and the PowerSaver financing product. QECBs offer below-market interest rates subsidized by the IRS, while PowerSaver provides mortgage insurance through HUD. The proposed program would issue QECBs through a conduit to fund low-cost loans originated by an approved PowerSaver lender. This structure could create a sustainable financing model to scale the energy upgrade market in Salt Lake County while offering homeowners energy improvements at affordable rates.
The document is a newsletter from Transaction Advisors providing updates on mergers and acquisitions, private equity deals, and regulatory changes in India. It includes summaries of recent private equity investments and M&A transactions in Indian companies. It also summarizes new policies, regulations and significant legal decisions related to areas such as foreign direct investment, taxation, and securities law in India. The newsletter is intended to keep clients and associates informed of important transactional and regulatory changes in India.
The document summarizes a presentation given by Joseph P. O'Leary and Steven P. Eschbach at a Mid-Cap Utility Conference on March 25, 2008. It discusses Integrys Energy Group's goals of delivering long-term shareholder value and earnings growth. It provides an overview of Integrys' regulated utility businesses, the progress of integrating Peoples Energy, capital investment programs, and financial outlook. Guidance is given for 6-8% annual EPS growth and a projected 2008 EPS range of $3.33-$3.78.
A national investment infrastructure bank {nib} presentation 1 11-11(01)Nigel Campbell
This document discusses the potential benefits of establishing a National Investment Infrastructure Bank (NIIB) in Trinidad and Tobago to facilitate public-private partnerships for infrastructure projects. It outlines examples from Canada and the UK where similar models have worked well. A NIIB could help address budget deficits, leverage available funds, and promote long-term planning. It would give greater control and transparency over projects while reducing political and financial risks.
This document summarizes a presentation given by Steven P. Eschbach, Vice President of Investor Relations for Midwest Utilities Seminar. The presentation provides an overview of Integrys Energy Group, a leading Midwest energy company serving over 2 million customers. Key points included Integrys' goals of long-term shareholder value and earnings growth, its diverse regulated utility businesses across six states, ongoing capital investment including the Weston 4 power plant project, and guidance for 2008 financial performance.
Utah provides financial incentives for renewable energy projects through the Renewable Energy Development Incentive (REDI) program. REDI offers a refundable tax credit for up to 100% of new state tax revenues generated by a project over 5-10 years. To qualify, projects must generate renewable energy or related manufacturing and create high-paying jobs. The state has set goals to increase energy efficiency 20% and derive 20% of electricity from renewables by 2025 to encourage renewable development.
Presented at a round table of the Commission for Environmental Cooperation and its Trilateral Green Building Construction Task Force during GreenBuild in San Francisco, California, on November 13, 2012.
This document provides an overview of local governance in Ukraine from 2010-2012. It discusses the legal framework for local governments, their responsibilities and funding sources. Key issues included insufficient funding, failure of the national government to fully fund delegated mandates, and problems in the housing and utilities sector due to low and non-cost-covering tariffs. The document also outlines some reforms needed, such as increasing local budgets, calculating transfers transparently, and reforming the utilities sector.
All the sectors including real estate had a number of expectations from the budget. The budget provides incentives for housing sector including ECB for low cost affordable housing projects, increase in provision for rural housing and extension of the interest subvention scheme of 1 percent on housing loan etc.
This document provides an overview of HUD/FHA programs, Low Income Housing Tax Credits, and Private Activity Bonds for financing affordable housing development. It discusses the history and features of various HUD active programs including sections 221(d)(3), 221(d)(4), 223(f), 231, 232, and 242. A case study demonstrates an example HUD underwriting analysis. It also summarizes how Low Income Housing Tax Credits and Private Activity Bonds can be used to finance affordable housing development through public-private partnerships.
The document provides background on the Affordable Housing Tax Credit program and discusses legislative changes that have impacted the program. It describes how the Housing and Economic Recovery Act of 2008 and American Recovery and Reinvestment Act of 2009 increased tax credits and other funding to boost affordable housing development during the economic downturn. It also outlines how Midwest Housing Equity Group invests in low-income housing tax credit projects to raise equity for development.
The document summarizes KfW Bankengruppe's financing activities to promote a greener economy and climate protection. KfW provides various funding programs to support renewable energy, energy efficiency, and environmental protection projects in Germany and internationally. In 2009, KfW committed €19.8 billion to financing projects in these areas. KfW works with a variety of partners and leverages both public and private funds to maximize its impact in supporting the transition to a lower carbon economy.
This document summarizes a presentation given by Diane Oakley of the National Institute on Retirement Security (NIRS) about public pension plans. The presentation discusses opportunities and challenges facing public pensions, stakeholders in public pensions, the importance of focusing on retirement policy, and lessons learned from well-funded plans. It provides statistics on the economic impacts of public pension benefits and expenditures. The presentation aims to distinguish facts from assertions and prevent short-sighted policies in public pension discussions.
The document discusses using funds from the American Recovery and Reinvestment Act (ARRA) to support energy efficiency and clean energy financing programs. It outlines how ARRA funding is being used to expand existing revolving loan funds, create loan loss reserves, and issue Qualified Energy Conservation Bonds and New Clean Renewable Energy Bonds to finance energy projects. The development of secondary markets for loans is also discussed as critical to attracting private capital and driving down interest rates for consumers.
Comcast is creating a premier media and entertainment company through a joint venture with GE. The joint venture will combine Comcast's cable channels, regional sports networks, and digital assets with NBC Universal, bringing together strong content creation and distribution capabilities. The transaction positions the company for continued innovation and growth across cable, broadcast, film, and theme parks. It builds shareholder value through an attractive structure that maintains Comcast's balance sheet strength while providing a 51% controlling ownership. The new joint venture is expected to be financially strong and self-fund the redemption of GE's remaining 49% interest over time.
The document provides an overview of the City of Los Angeles' fiscal year 2012-13 budget presented by Miguel A. Santa Ana. It discusses that the general fund supports most municipal services while special funds are generated for specific purposes. It also notes that public safety accounts for over a third of general fund appropriations while pensions account for nearly a fifth. Additionally, it outlines challenges like the economy, federal actions, and pensions as well as potential solutions to address budget deficits.
Vascon Engineers Limited presented an overview of their Q1 FY11 performance and business outlook. Key points include: Revenues for Q1 FY11 grew 45.8% to Rs. 2051.1 million with a PAT of Rs. 138.4 million, up 31.6%. The order book stands at Rs. 44,300 million with a backlog of Rs. 32,300 million. Upcoming projects in real estate include developments in Pune and Coimbatore totaling over 1 million square feet. Vascon also acquired GMP Technical Solutions to strengthen manufacturing and services capabilities. The company aims to synergize its EPC and real estate businesses and grow as a leading player in construction, real
1) Home equity loans, also known as second mortgages, allow homeowners to borrow against the equity in their home. There are two main types - fixed-rate loans which provide a lump sum payment that is repaid over a fixed period at a set interest rate, and home equity lines of credit (HELOCs) which function like credit cards with a pre-approved spending limit.
2) While home equity loans offer lower interest rates than other types of consumer loans, the document cautions that they should only be used judiciously as relying on them for daily expenses could lead to overspending and debt issues.
3) The document provides a brief overview of government health care spending in the US
This document discusses innovative financing for green projects and a greener economy. It outlines opportunities in renewable energy but also challenges in financing green projects due to issues like risk, lack of long-term capital and policy uncertainty. It proposes best practice solutions like bundling small projects, using carbon credit revenues to derisk projects, and implementing green taxes. It discusses the role of development finance institutions and export credit agencies in mitigating risk and catalyzing projects. Finally, it introduces Green Capital Advisors, a firm that provides advisory services around sustainable financing policies, programs and projects.
The document summarizes Illinois' fiscal crisis and budget challenges. It notes that Illinois faces a $13.7 billion operating deficit for FY2011, equal to 52.2% of its general revenue fund appropriations. To address this, Illinois relies heavily on one-time revenues like debt issuance, fund sweeps, and federal stimulus funds. Over the long term, Illinois has seen the loss of high-paying manufacturing jobs replaced with lower paying service jobs without benefits. This has contributed to economic problems and budget deficits that Illinois has struggled to adequately address through recurring revenues and spending priorities.
Terex Materials Processing & Mining is a $2.6 billion provider of surface mining and aggregate equipment solutions worldwide. It has a profitable and growing business with strong margins. The mining equipment industry is large at $20 billion annually and focused on surface mining processes. Terex is well positioned in this industry with its mining trucks and hydraulic excavators, which are focused on the largest metal and coal mining customers. Terex sees opportunities to continue growing its business through expansion in key regions and markets.
Debt review presentation qecb-power saver, march 2012HarcourtBrownEF
This document discusses launching a residential energy upgrade program in Salt Lake County using a combination of Qualified Energy Conservation Bonds (QECBs) and the PowerSaver financing product. QECBs offer below-market interest rates subsidized by the IRS, while PowerSaver provides mortgage insurance through HUD. The proposed program would issue QECBs through a conduit to fund low-cost loans originated by an approved PowerSaver lender. This structure could create a sustainable financing model to scale the energy upgrade market in Salt Lake County while offering homeowners energy improvements at affordable rates.
The document is a newsletter from Transaction Advisors providing updates on mergers and acquisitions, private equity deals, and regulatory changes in India. It includes summaries of recent private equity investments and M&A transactions in Indian companies. It also summarizes new policies, regulations and significant legal decisions related to areas such as foreign direct investment, taxation, and securities law in India. The newsletter is intended to keep clients and associates informed of important transactional and regulatory changes in India.
The document summarizes a presentation given by Joseph P. O'Leary and Steven P. Eschbach at a Mid-Cap Utility Conference on March 25, 2008. It discusses Integrys Energy Group's goals of delivering long-term shareholder value and earnings growth. It provides an overview of Integrys' regulated utility businesses, the progress of integrating Peoples Energy, capital investment programs, and financial outlook. Guidance is given for 6-8% annual EPS growth and a projected 2008 EPS range of $3.33-$3.78.
A national investment infrastructure bank {nib} presentation 1 11-11(01)Nigel Campbell
This document discusses the potential benefits of establishing a National Investment Infrastructure Bank (NIIB) in Trinidad and Tobago to facilitate public-private partnerships for infrastructure projects. It outlines examples from Canada and the UK where similar models have worked well. A NIIB could help address budget deficits, leverage available funds, and promote long-term planning. It would give greater control and transparency over projects while reducing political and financial risks.
This document summarizes a presentation given by Steven P. Eschbach, Vice President of Investor Relations for Midwest Utilities Seminar. The presentation provides an overview of Integrys Energy Group, a leading Midwest energy company serving over 2 million customers. Key points included Integrys' goals of long-term shareholder value and earnings growth, its diverse regulated utility businesses across six states, ongoing capital investment including the Weston 4 power plant project, and guidance for 2008 financial performance.
This document discusses economic development tools and strategies for local governments. It provides an overview of new tools like site-specific tax revenue pledges and EB-5 immigrant investor programs. It also discusses existing tools such as ground leases, lease-leasebacks, and infrastructure financing districts. The document presents case studies of projects in Redondo Beach, Hollywood, and Norco that utilized these tools to stimulate economic development. It concludes with a discussion of how infrastructure financing districts could help replace lost tax increment financing capabilities.
Mobilising private finance for clean energy in developing countries - Cecilia...OECD Environment
BIAC-OECD Virtual Roundtable on mobilising private sector finance and investments for affordable and clean energy in developing countries, 26 October 2021
India - Renewables - eligible overseas capital markets candidate 2015Varun Sethi
India Renewables : Ready for a multi year, recurring, Capital Markets (IPO) activity.
There is fad and hype around a virtual world being created by technology companies including consumer internet, SaaS, IoT, Big Data, Social/Mobile commerce and billions have been invested into it and more lined up.
A silent (so far) revolution has been pioneered for Indian renewable companies (RC) which is no less than the fad and hype of the technology sector. RCs need to explore sustainable renewable energy finance with IPOs, innovative structures like Yield Cos (Utility and commercial scale plants) as also investment plans (for residential solar - My power loans)
The presentation essentially summarizes the renewables eco system in India, global solar experiences (US), IFRS/ US GAAP A/C issues for renewables sector, future of solar n grid parity, US IPO concepts n regulatory environment.
India Renewables-Eligible Overseas Capital Markets CandidateVarun Sethi
A silent (so far) revolution has been pioneered for Indian renewable companies (RC) which is no less than the fad and hype of the technology sector. RCs need to explore sustainable renewable energy finance with IPOs, innovative structures like Yield Cos (Utility and commercial scale plants) as also investment plans (for residential solar - My power loans)
The presentation essentially summarizes the renewables eco system in India, global solar experiences (US), IFRS/ US GAAP A/C issues for renewables sector, future of solar n grid parity, US IPO concepts n regulatory environment.
A silent (so far) revolution has been pioneered for Indian renewable companies (RC) which is no less than the fad and hype of the technology sector. RCs need to explore sustainable renewable energy finance with IPOs, innovative structures like Yield Cos (Utility and commercial scale plants) as also investment plans (for residential solar - My power loans)
The presentation essentially summarizes the renewables eco system in India, global solar experiences (US), IFRS/ US GAAP A/C issues for renewables sector, future of solar n grid parity, US IPO concepts n regulatory environment.
The document provides an overview of alternative energy in the United States, noting that tax incentives have been the main driver of growth in addition to concerns over energy security and the environment. It estimates that 123GW of additional capacity will be needed by 2030 to meet existing renewable portfolio standards. The major alternative energy technologies in the US include wind, solar, biomass, and geothermal, each with their own variations and highlights.
Public financial mechanisms that enhance the viability of ESCO projects, Alex...OECD Environment
2nd OECD-DOE Clean Energy Finance and Investment Consultation Workshop: Unlocking finance and investment for clean energy in the Philippines, 24-25 November 2022, Bohol, Philippines
The document summarizes a presentation given by Larry Weyers, President and CEO of Integrys Energy Group, at the AGA Financial Forum on May 4-6, 2008. The presentation provides an overview of Integrys Energy Group, including its goals, regulated utility businesses serving over 2 million customers across several Midwestern states, investment in capital projects such as the Weston 4 power plant and American Transmission Company, and initiatives for 2008 such as regulatory rate cases.
Attached Newsletter is an attempt to cover monthly issues relevant in the context of transactions - covers SEBI, Companies Act, Income Tax, Stamp duty and other regulatory changes
Gulf Bank Hosts Conversation About the Future of Real Estate in KuwaitDr. Ehsan Bayat
Gulf Bank hosted a closed session to discuss the future of Kuwait's real estate market. Experts noted that while the overall market is healthy compared to other Middle Eastern countries, some submarkets show weakness. Investment properties saw value declines from 2018-2019 due to decreased trade volumes. Residential and commercial properties performed better with rising deal values and volumes. However, retail properties face weak demand due to high rents set by owners. The discussion also centered around Kuwait's lack of mega development projects compared to other countries and the need for increased land releases and efforts by the Housing Welfare Authority to support larger projects. Transparency around property data and increased collaboration between the private sector and government were also cited as important issues.
This document presents a quantitative framework for understanding potential scenarios for bond contributions to financing the low-carbon transition from 2015 to 2035 in China, Japan, the EU and US. It includes the following key points:
- Annual green bond issuance in 2015 and projections for future annual low-carbon bond issuance and investment needs in the four regions out to 2035 under different scenarios.
- A methodology used to develop the quantitative model including classifying investment needs by sector and region, and determining projects' capital structure and potential for debt versus other types of financing.
- Breakdowns of the projected bond issuance and amounts outstanding by type of bond showing the potential for different bonds to scale up from 2015 to 20
Infrastructure Planning & Housing Delivery - Who Pays?Samuel Stafford
1) Infrastructure delivery and housing development viability depend on balancing the interests of local planning authorities, developers, and landowners.
2) The Community Infrastructure Levy aims to capture some of the land value uplift from development to fund new infrastructure, but regulations and viability concerns have limited its effectiveness.
3) In weak economic times, regeneration and residential land delivery face challenges from constrained public spending and credit availability, changing the way infrastructure is funded and sites are brought forward.
1) Kuwait has over $80 billion in infrastructure investments planned through 2020 to develop projects and diversify its oil-dependent economy, but faces challenges in accelerating project implementation.
2) Recent government reforms like a direct investment law, new PPP law, and revised companies law aim to improve the business climate and attract private sector participation in projects.
3) Kuwait needs to develop its domestic project financing capabilities as many projects will utilize public-private partnerships which require significant non-sponsor financing, though a recent $1.43 billion water and power project has increased Kuwait's profile in project finance.
Kuwait National Petroleum Company is seeking a $10 billion loan to upgrade two of its largest refineries as part of Kuwait's $99.6 billion economic development plan. The upgrades will expand the refineries' capacity and ability to produce higher value products like diesel and kerosene. Technip was awarded a contract to provide project management consultancy for upgrading Iraq's Basra refinery. India eased rules on testing natural gas finds, which will help unlock $15.8 billion in reserves for ONGC and Reliance Industries. Angola plans to spend $23.3 billion on water and electricity projects by 2017 and will seek private investment as oil prices have reduced the country's financial resources. Eni
This is the presentation that I made at Cityscape Jeddah in June this year. Some comments are available on several Middle East web sites such as Arab News link attached http://arabnews.com/economy/article453469.ece )
Challenges in building the 21st century energy infrastructureHIMADRI BANERJI
Major Challenges in Building the 21st Century Energy Infrastructure are discussed. The concepts of Risk Management is introduced with subtlety in its impact on meeting such challenges. A treatise on project management with risk mitigation for infrastructure projects, Presentation taken from lectures on Infrastructure Capital Management delivered to the class of 2010-11 at IIM Ahmedabad,
The document discusses the prospects of district cooling for residential sectors in Kuwait. It provides background on the current status of district cooling in Kuwait, noting some existing private district cooling projects. It then discusses the need to consider district cooling for new residential suburbs in Kuwait due to the large projected housing development and associated HVAC energy demands. The document reviews the general benefits of district cooling systems and considers the feasibility factors for implementing district cooling in residential areas with lower housing densities.
District cooling involves providing cooling from a central plant to multiple buildings via pipes. It started in the 1930s. A case study on a residential area in Jaber Al-Ahmad City found that a district cooling system with thermal storage could provide yearly energy savings of 40% compared to conventional air cooling systems and reduce peak power usage by 50% on average. The district cooling plant would have a capacity of 41,670 tons and use 101.9 GWh of energy annually to serve over 1,600,000 square meters of buildings.
Yaqoub almatouq, ministry of social affair & laborSarah El Akkad
This document discusses district cooling as an environmentally strategic option. It notes that district cooling can help address challenges from ozone depletion and climate change by utilizing more environmentally-friendly refrigerants. District cooling provides benefits like improved energy efficiency from operating chillers at optimal conditions and utilizing renewable energy sources. However, implementation concerns must be addressed regarding the initial and operating costs, reliability, expandability, and ensuring fair pricing and provider selection for end users. The document was presented at the 2011 Kuwait District Cooling Summit by a refrigeration expert from Kuwait's National Ozone Unit.
This document outlines a presentation on legal and commercial issues related to district cooling projects, given by Tim Burbury at the Kuwait District Cooling Summit in January 2011. The presentation covers (1) different deal structures used for district cooling projects, (2) common commercial issues like water sources, demand guarantees, and construction phasing, and (3) legal issues regarding regulations, land rights, and bankability for financing district cooling projects. Key points discussed include different risk transfer models, stakeholder management, tariff structuring, modular plant capacity expansion, and interconnection challenges between central plants and distribution networks.
The document discusses international standards for pre-insulated piping systems used in district cooling networks. It provides an overview of Perma-Pipe, the largest supplier of pre-insulated piping systems in North America and the Middle East. It then discusses key components of pre-insulated piping systems including the HDPE casing, polyurethane foam insulation, corrosion protection, leak detection, and field joint sealing methods.
The document discusses district cooling in Kuwait and the challenges facing its development. It provides details about S&T Cool, a district cooling company operating in Abu Dhabi. It also discusses the potential size of S&T Cool's plant in Al Reem Island and gives an overview of district cooling in other Gulf countries. The challenges facing Kuwait include high power demand and subsidies. The document suggests ways to overcome these challenges, such as conducting studies, updating energy codes, introducing incentives, and carrying out a pilot project.
The document discusses field erected cooling towers, which are customized cooling towers designed for large industrial applications. It describes the different types of induced draft cooling towers based on their material of construction, including fiber reinforced polymer (FRP) towers. It emphasizes the importance of considering how the cooling towers will interact with their surrounding environment to prevent issues like recirculation, interference, and poor plume dispersion. Several case studies of large FRP cooling tower installations are presented.
Individual metering of energy consumption provides benefits to building owners and tenants. BTU meters allow for more accurate measurement and billing of energy usage, which can lead to reduced consumption by 30% or more. Modern static BTU meters are more accurate than mechanical meters and require less maintenance. Automatic meter reading systems make it easy to remotely collect meter data with minimal manual reading required.
This document discusses sea water cooling towers. It provides an overview of why industries use sea water cooling systems, the typical infrastructure requirements like intake structures and piping, and the main types of cooling including once-through and evaporative cooling. It also describes advantages of circular cooling towers like lower costs and maintenance needs compared to mechanical draft towers. The case study of Jubail Industrial City in Saudi Arabia outlines the large-scale sea water cooling system used to provide cooling to multiple industrial plants.
1) Cooling towers require careful design consideration of factors like approach, range, avoidance of recirculation, use of variable frequency drives for fan motors, cooling tower basin design, and obtaining high quality components.
2) Key components like the fiberglass reinforced plastic (FRP) structure, fans, fan stacks, air inlet louvers, drift eliminators, and fill must meet specifications and standards to ensure proper performance and longevity of the cooling tower.
3) Cooling tower suppliers should provide documentation and certification to verify their components meet quality standards to deliver the required performance over the tower's lifetime.
The document discusses district cooling in Kuwait and the GCC region. It summarizes that district cooling can provide significant benefits to Kuwait including reducing infrastructure costs, decreasing carbon emissions, and lowering power consumption compared to traditional air conditioning systems. Key benefits mentioned are reducing electric demand by over 1,200 MW and power consumption by over 2,700 GWh through implementation of district cooling with thermal energy storage in Kuwait. Several large existing district cooling projects and plants currently operating in Abu Dhabi, Dubai, Qatar, Oman, and Saudi Arabia are also summarized.
This document discusses why district cooling projects under a BOT/BOO structure may not be viable for private sector off-takers based on learnings from the Dhahran District Cooling Project. Key challenges for private developers include uncertain capacity planning and utilization, weak contractual frameworks, lack of utility guarantees, and high payment/credit risk from end users. These risks result in high costs of debt and equity that require very high tariffs to make projects financially viable. The Dhahran project succeeded due to support from the public sector off-taker which ensured long-term financing, adequate utility supply, a take-or-pay structure, and a strong contractual framework. The conclusion is that projects with private off-takers
EarthWise chilled water systems consume less energy, capital, and water through three main strategies: (1) using colder chilled water which reduces energy usage in chillers and chilled water pumps, (2) maintaining warmer cooling tower water which saves energy in condenser water pumps and cooling tower fans, and (3) implementing thermodynamic staging with series chillers which lowers compressor energy usage. These techniques were shown to save over 2.9 million gallons of water annually in a 10,000 ton chilled water system in Dubai.
Kuwait Pipe Industries & Oil Services Co. (K.S.C) and isoplus Austria have created a joint company called isoplus Middle East to produce and distribute pre-insulated piping systems. Isoplus Middle East offers a wide range of insulated steel pipes, fittings, and components to provide leak-tight piping networks with high quality thermal insulation and corrosion protection for various industrial applications. The company produces items at its new Kuwait facility and also distributes products from isoplus Group, a major European manufacturer of pre-insulated piping with over 5,500 km of pipes installed worldwide.
District cooling can help mitigate challenges facing GCC countries in meeting escalating air conditioning demand. It reduces electricity consumption by 40% and creates a flatter demand curve. Thermal storage reduces required capacity and costs while district cooling is more environmentally friendly by increasing efficiency and lowering emissions. The industry has a long history worldwide and major projects exist across the Middle East, Asia, Europe, and North America. Governments can promote district cooling through various policies and outsourcing projects provides benefits like reduced costs and capacity needs.
1. GCC Countries or State by State
Draft District Cooling Utility Acts & Regulations
Setting Fair Business Relations Among
The State, Customers, Developers & Utility Providers
Special Presentation for
Kuwait District Cooling Summit 2011
Organized by ProMedia
Held in Kuwait City 25- 26 Jan 2011
By
egr. Fadhel alKazemi
29 Dec ’10. Rev0
Tekneen District Cooling & Utilities KSCC
Kuwait
2. Table of Content
Description Slide Number
National Destiny & Purpose 3
Create National Will 5
District Cooling Network 6
State’s Investment Options 7
Decision Matrix To Choose Suitable Investment Alternative 8
Economic Development Matrix 9
Recommended Common Driver 10
District Cooling benefits & saving, if applied in Kuwait 2008-15 11
Kuwait Electricity Consumption Sector Wise – 2006 12
Proposed Fees & Tariffs Guidelines for District Cooling 13
Maximizing Competency Using Fossil Energy &
Alternative Renewable Energy 14
Action Plan to develop GCC Acts & Regulations 15
Salient feature of developing regulated policies & legislations 16
Note : In the slides where indicated will be shown in the presentation.
2
3. National Destiny & Purpose set by
Their Majesties & Royal Highness , the leaders of GCC Countries
1 • To reduce Electrical Power Demand, CO2 Emission & Domestic Fossil Fuel Consumption.
2 • To increase use of Alternative Renewable Energy in both demand side & supply side.
3 • All GCC countries ratified KYOTO Protocol & signed Montreal & Copenhagen Protocols.
4 • Effect Mass transit through train & undergrounds to reduce usage of private cars.
5 • Transfer GCC to be one of the world’s financial center.
6 • Transfer GCC countries as world hub for passenger airlines, freight airlines & marine logistic.
7 • GCC countries to provide global industrial & commercial Free Zone Areas.
8 • Transfer GCC cities to be home for global companies for offices, conferences & exhibitions.
9 • Transfer GCC cities to be touristic area for culture, medical, shopping, recreation & sports.
10 • Increase pilgrimage to Mecca & Madina as well as Umraa year around.
11 • Transfer many areas in GCC countries to be economic cities & industrial areas.
12 • Encourage research & development local & global by universities &research institutions.
13 • Contribute world prosperities of developing countries by setting special funds.
3
4. National Destiny & Purpose set by
Their Majesties & Royal Highness , the leaders of GCC Countries
1 • To reduce Electrical Power Demand, CO2 Emission & Domestic Fossil Fuel Consumption.
2 • To increase use of Alternative Renewable Energy in both demand side & supply side.
3 • All GCC countries ratified KYOTO Protocol & signed Montreal & Copenhagen Protocols.
4 • Effect Mass transit through train & undergrounds to reduce usage of private cars.
5 • Transfer GCC to be one of the world’s financial center.
6 • Transfer GCC countries as world hub for passenger airlines, freight airlines & marine logistic.
7 • GCC countries to provide global industrial & commercial Free Zone Areas.
8 • Transfer GCC cities to be home for global companies for offices, conferences & exhibitions.
9 • Transfer GCC cities to be touristic area for culture, medical, shopping, recreation & sports.
10 • Increase pilgrimage to Mecca & Madina as well as Umraa year around.
11 • Transfer many areas in GCC countries to be economic cities & industrial areas.
12 • Encourage research & development local & global by universities &research institutions.
13 • Contribute world prosperities of developing countries by setting special funds.
Above conclusions been observed by speaker reviewing books, articles, interviews & Summits Communiqués 4
5. National Destiny & Purpose
Create National Will
to achieve
National Purpose set by
Their Majesties & Royal Highness ,
leaders of GCC Countries
Source: Presentation 2nd Middle East District Cooling 2010, Doha 28 Nov 2010 5
6. District cooling is linked to area cooling of buildings mix & usage sectors
Referred to as 3rd Party Investors, Utility Provider regulated by legislations
Villa
Residential
Commercial
Governmental
Educational
Health Care
Entertainment & Cultural
Industrial
Agricultural
Source: Study of Methods of Energy Saving By Using the District Cooling in The State of Kuwait 2007-08 6
7. State’s Investment Options for Executing the District Cooling projects
State’s Direct Investment
Acquisition by Acquisition by
3rd Party investment Direct Investment
Contracting BOOT Method DBO System
20 – 25 Years 5 – 10 Years
Brain Storming Decision or Decision Making Matrix
Private Public Partnership
PPP
Private Public
Sector Sector
Source: Study of Methods of Energy Saving By Using the District Cooling in The State of Kuwait 2007-08 7
8. Decision Matrix To Choose the Suitable Investment Alternative
Acquisition through third Relative
State’s
party investment BOOT direct
weight
# Factor investment in
M.E.W. The State points
1 The effect of economic multiplier
20 10 5 20
2 Lesser financial risks on the State 15 10 10 20
3 Lesser paid capital and higher finance 10 5 5 15
4 Performance incentives and the 10 5 5 15
employees profits participation
5 Investment in researches & development 10 5 0 10
6 Purchasing franchises or patents 10 5 2 10
7 Work outside the State of Kuwait 10 5 0 10
Total 85 45 27 100
The Suitable Investment alternative based on the decision matrix
Working under the umbrella of Private Public Partnership
Acquisition by 3rd Party Investment BOOT Method
Source: Study of Methods of Energy Saving By Using the District Cooling in The State of Kuwait 2007-08 8
9. National Purpose
Economic Centered
Developments
Develop Competency & Global
Competition capabilities
Attractive Investment opportunities for local and
foreign funds
Entities & Domestic competition
companies capable and reducing Effect government
planning role and
of planning & speculation and
monitoring the plans
execution monopoly
Modern, supportive Provide information Develop Effects Laws with
and attractive & economical Acts& sovereign court
infrastructure indicators Regulation system
Empower national workforce to be competitive, performance & economically.
Competency based in Education & Training and encourage national human
resources availability
ECONOMIC DEVELOPMENT MATRIX
Source: Study of Methods of Energy Saving By Using the District Cooling in The State of Kuwait 2007-08 9
10. Recommended common driver to be agreed on by ministries within each GCC
state to circulate the application of District Cooling in their respective states
Economic Driver
1
Reduce State’s initial capital project investments
2 3
Reduce substantially electricity Lower domestic oil consumption
subsidies by respective states as fuel substantially
Environmental Driver
4
Reduce CO2 emission & gases affecting the Ozone
Social Driver
5
Enhance work opportunities for the nationals and reduce substantially
demand on expatriate workers for building maintenance
6
Possibilities of using Thermal Storage Tanks for state of emergency &
backup for fire fighting services
Source: Study of Methods of Energy Saving By Using the District Cooling in The State of Kuwait 2007-08 10
11. District Cooling benefits & saving, if applied in Kuwait 2008-15
70% Of peak electrical load produced in Kuwait is used for comfort cooling
Reduce peak electrical loads at peak hour by 20%
1
Of the new reduced DC peak electric load as per Point 3 & Point 5
Reduce initial investments to generate, transmit & distribute electricity
2
USD 7,565 million for the period
3
Reduce total electricity consumption by 32%
13 million megawatts/hour for the period
Reduce state electricity subsidy
4
by USD 1,196million for the period
5 Reduce peak electrical load for comfort cooling by 46%
i.e. 3542 megawatts for the period
6
Reduce electrical consumption for comfort cooling by 44%
i.e. 7,028,013 megawatts/hour for the period
Reduce oil consumption as fuel by 35 million barrels
7
For the period i.e. saving USD 5,304 million for the period *
Reduce CO2 Emission 12.34 Million Tons
8
for same period
Preserve about 3.4 million KG of cooling gases affecting
9
Ozone Layer by 2016
Note - * The barrel price was calculated at USD 60
Source: Study of Methods of Energy Saving By Using the District Cooling in The State of Kuwait 2007-08 11
12. Kuwait as sample for Electricity Consumption Sector Wise – 2006
Note :-
Villa & Residential sector constitute 60%
of electricity consumptions and must be
incorporated in District Cooling area of
coverage & also should satisfy demand Source: Dr. Najy Al Motairi – KISR, Kuwait
of KYOTO Protocol.
12
13. Proposed Fees & Tariffs Guidelines for District Cooling
sector wise in GCC Countries
1 2
Annual subsidy will be effected for residential Least financial burden on nationals entitled for
sector only housing welfare
3 4
Financial incentives based on performance Financial incentive will be given to customers
will be paid to investor year by year not receiving any subsidy
Tariffs & fees based on Residential Commercial Govt. Agri. Industrial
Globally practiced 3-Tier Sector Sector Sector Sector Sector
Connection tariff
KD/Ton (Paid Once)
Annual consumption tariff
KD/Ton/Hour
Annual service charge KD/Ton
Govt. No No No
With 15% internal rate of Owner 50%
Subsidy 70% Support Support Support
return
Note: The State will do the pipe distribution for villa/housing area & charge Utility Provider 1.5%
Source: Study of Methods of Energy Saving By Using the District Cooling in The State of Kuwait 2007-08 13
14. Maximizing competency in using fossil energy &
alternative renewable energy
• Maximize competency in generation & utilization of energy. Minimize fossil fuel &
maximize alternative renewable energy in both demand side & supply side of
energy.
• Implementation of integration of infrastructure to include productions of
electricity in new cities, allowing exchange of power between the city energy
production & the national power grid to be utilized incase of emergency on both
side.
• Where possible to provide oil or natural gas fuel, recommend in industrial
complexes, oil facilities or commercial projects will produce their own
electricity integrated with own infrastructure services, where possible give
incentives to use renewable energy & provide exchange with national grids through
buy & sell protocol or for emergency requirement.
Source: Study of Methods of Energy Saving By Using the District Cooling in The State of Kuwait 2007-08 14
15. IDEA International District Energy Association
Goals
• Facilitate networking and exchange of information among members.
• Enhance educational opportunities for district energy professionals.
• Assist members in marketing the benefits of district energy services.
• Secure favorable policies, legislation and regulations for district energy.
Propose action plan to develop GCC Acts & Regulations
For District Cooling & District Energy
GCC District Cooling companies, members of IDEA to agree on a meeting to
be held in one of the GCC cities, form a committee to select a capable
reputable consultant well experienced in District Cooling to draft proposal :
GCC Acts & Regulations
For District Cooling & District Energy
The proposed draft will be sent to IDEA for review as well as will be sent to
state by state to government departments likely to be of interests to
regulate District Cooling application in the state & would be potentially
active in the regulation committee in local state level or national GCC level.
15
16. Salient feature of developing regulated policies & legislations
1. Any regulating policies & legislations such as Acts, Regulations & Statutories or
any contracts shall be based on fair contract fundamental between the parties
and at no circumstances to be developed on partial or one sided.
2. The policies & legislations to encourage use of thermal storage system &
alternative renewable energy and to allow integration of infrastructures and
power generation on district or city basis.
3. Regulations to include reference to reputable codes such as ASHRAE , latest
technology & up to-date best technical & business practices relating to District
Cooling or District Energy systems.
4. Encourage research & developments. Encourage District Cooling or District
Energy Utility Provider to invest in new technologies & systems which will
lower kw/Ton.
5. Possibly the States will issue legislation from time to time to set up tariff &
fees per sectors by which it will be a criteria for bidders or concession
seekers to invest in District Cooling systems.
6. In the study made for Kuwait, the consortium highly recommended to use
thermal storage tanks to support fire fighting efforts & in case of national
emergency or god forbidden natural disasters.
16
17. Acknowledgement
Energy Saving Study by using
District Cooling Methodology
in The State of Kuwait
Sponsored and Financed By: Kharafi National Company KSCC and Kazema Engineering Projects WLL
Study consortium: SSH, Kuwait University, KISR, Wataniya Environmental Services Company
Thank You
Participants & Organizer
Kuwait District Cooling Summit 2011
FADHEL ALKAZEMI
CEO, Tekneen District Cooling & Utilities KSCC
Tekneen District Cooling & Utilities KSCC
P.O. Box 26528 Safat, 13126 Kuwait
Tel: 24721155 Ext: 2304 Fax: 24721199
E-mail: info@tekneen.com 17