Getting Houses & Ships Out of Hot Water

Global leader in the manufacture and distribution of renewable energy systems, Conergy is the first supplier to sign on to the Queensland Solar Hot Water Program – a key component of Queensland’s Renewable Energy Plan, while cutting CO2 emissions from ships will be easier and more profitable following the launch of The Funnel Exchange, a new carbon program for the international shipping industry.

Funnel seeks to exchange maritime carbon rights

Cutting CO2 emissions from ships will be easier and more profitable following the launch of The Funnel Exchange, a new carbon program for the international shipping industry.

Funnel Exchange Manager, Mr. Guy Lane, says that any technology that reduces a ship’s CO2 emissions may create saleable carbon rights.

Innovative technologies such as solar and wind assisted propulsion systems and techniques to reduce drag, not only reduce bunker consumption, but also deliver carbon savings.

The benefit of reducing bunker costs is well understood, however, until now, the financial value associated with the carbon savings has not been fully developed.

Using a proprietary methodology, Funnel seeks to purchase the rights to maritime carbon savings and convert them into saleable carbon credits.

These carbon credits are then made available to counteract the CO2 emissions from other ships – a process called voluntary carbon offset. 

“The parties that purchase Funnel carbon offset will be those who wish to develop capacity in carbon management, fulfil CSR obligations, or can see the marketing advantages of a carbon-neutral supply chain,” said Mr. Lane.

“In the shipping industry, there are pioneers developing innovative projects that deliver significant reductions in carbon emissions, plus, there are shippers seeking to reduce the carbon footprint of their cargoes.

“By connecting these two parties together, The Funnel Exchange rewards shipping innovators, provides a much needed carbon solution, and keeps the carbon financial resources within the shipping industry,” he said.

Following intensive industry-wide discussions, Funnel is on track to complete the first full-cycle transaction ahead of the UNFCCC meeting in Copenhagen in December.

The Funnel Vision is for international shipping to be carbon neutral by 2014 and fossil fuel free by 2019. 

Source: www.funnelexchange.com

Conergy Australia appointed to Queensland Solar Hot Water Program

Managing Director of Conergy Australia, Rodger Meads, has applauded the Queensland Government’s implementation of the Solar Hot Water Program which aims to support householders to install up to 200,000 solar hot water systems over the next 3 years.

“As a global leader in the manufacture and distribution of renewable energy systems, Conergy is proud to be the first supplier to sign on to the Queensland Solar Hot Water Program – a key component of Queensland’s Renewable Energy Plan,” Mr Meads said.

“We anticipate major growth within the Queensland solar hot water market and huge public interest as the Queensland Government’s Program will make it easier for households to reduce their carbon emissions and save real money.

“This appointment is certainly encouraging for Conergy’s continued growth and expansion in Australia, and in Queensland in particular,” Mr Meads said.

The Queensland Government have stated that this program is one of the largest and most complex industry transformation projects of its kind.

Queensland Energy Minister Stephen Robertson said “I thank Conergy for their support. It is through their innovation and vision in joining with the government that the solar industry has taken another step forward.”

“Under the Program, eligible participants will have access to a solar water heater at a more affordable price than what is currently available on the market,” Mr Meads said.

The Program encourages the replacement of energy intensive electric storage hot water systems with greenhouse friendly solar water heaters.

Installing a solar water heater will offer households’ energy savings of up to 25 per cent and cut household greenhouse gas emissions by up to 30 per cent every year.

“Already 40,000 Queenslanders have registered their interest in the program, which will make a considerable difference to the environment and their family budget – given that around 27% of electricity used in the average Queensland household is for heating water,” Mr Meads said.

Traditional hot water systems have been one of the highest single energy users and greenhouse gas contributors in Queensland homes.

Conergy AG is one of the leading solar enterprises in Europe, and with over 70,000 solar systems installed also a global market leader in the field of solar system integration. Listed since 2005 on the Frankfurt Stock Exchange, the group pursues a global growth strategy: it produces, installs and plans solar systems for its customers in more than 20 countries. The Conergy Group is represented by branch offices on five continents.

Conergy Australia supplies a broad range of solar thermal, grid connect & off grid solar as well assmall wind power solutions for individual homes, small community projects or large commercial and industrial applications through a dedicated network of professional installers and dealers. With head office in Sydney and other sales and warehouse facilities located in Melbourne, Brisbane and Perth Conergy Pty Ltd offers the biggest range of quality renewable energy products through its comprehensive dealer and installer network around Australia.

Source: www.conergy.com.au