Advancing Clean Energy Finance Across the Board
On October 1st, national experts from the U.S. Department of Energy (DOE) and other organizations came together in Cincinnati to highlight best practice approaches to advance clean energy financing in both Ohio and Kentucky. The event focused on residential and commercial energy efficiency and renewable energy markets. Participants had an opportunity to learn about:
- Residential energy efficiency lending programs in Ohio and Kentucky
- Commercial Property Assessed Clean Energy (PACE) financing in Ohio and Kentucky
- Local and national Green Bank initiatives
- Several innovative efforts to advance clean energy finance in the region
Highlighting Efforts Nationally, Locally, and Between
Over 130 people representing the banking, energy contracting, public finance, local and state government, economic development, and real estate management sectors participated in the roundtable.
The event featured a keynote address by John MacWilliams, Senior Advisor to the Secretary, U.S. Department of Energy, who provided an overview of federal government initiatives that are helping to scale clean energy financing across the country.
One highlight of the day came when 15 local professionals had an opportunity to share their work in the energy efficiency and renewable energy sectors. During the discussion participants learned about projects including:
- City of Cincinnati’s effort to incorporate renewable energy projects as part of its “Green Cincinnati Plan”
- The first completed project under the local GC-PACE program
- OKI’s work through the Department of Energy’s “SunShot” initiative to promote scaling of solar projects by reducing soft costs and increasing the efficiency of the zoning and permitting processes
- Macy’s initiative to significantly reducing energy use in its stores through an innovative LED lighting solution developed by Middletown-based HP Energy
- The Cincinnati Zoo’s large solar parking lot canopy project.
The event was the first of what will be a series of discussions surrounding clean energy financing and the benefits that it can provide our region. If you are interested in learning more, please contact the Energy Alliance.