Neuwing Energy Ventures Co-Authors Guide To Data Center Incentives
Case Study for Achieving Financial Incentives for Data Center Energy Reductions
Wilmington, DE - November 18, 2010 - Neuwing Energy Ventures, a leading provider of financially-focused and environmentally responsible commercial energy strategies, is pleased to announce that it has collaborated with IBM (NYSE: IBM) on a comprehensive guide to financial incentives available from federal, state and public utility programs for energy efficiency projects in the data center. Today's announcement and the corresponding IBM Redguide™ provide data center managers and corporate executives with a detailed view of the incentive funding programs and public reporting mechanisms available to increase project ROI and improve the transparency and credibility of energy savings claims.
Neuwing Energy Ventures is proud to announce this detailed manual as part of its expanding portfolio of services to create financially-driven, sustainable solutions that maximize financial, operational, and environmental benefits to our customers. Neuwing has deep expertise negotiating client-specific custom and performance-based incentives with federal, state, and utility funding programs, measuring and verifying energy reductions using industry standard protocols and repeatable methodologies, and tracking and reporting energy usage to meet regulatory and corporate sustainability requirements.
"As a result of our partnership with IBM, Neuwing has spent several years developing specialized measurement and verification services to validate energy reductions relating to data center projects including server virtualization and consolidation, airflow management, and core infrastructure improvements such as free cooling implementation.” says Joshua Maltby, Chief Operating Officer of Neuwing Energy Ventures. "It is well-established that data centers are exceedingly heavy users of energy, yet there are sensible IT and infrastructure projects that go unfunded every day. Neuwing delivers both strategic and tactical solutions along with industry-certified engineers to establish comprehensive energy measurements and reporting capabilities, enabling our clients to access funds that can push project approvals over the goal line."
The IBM Redguide™ is an introduction to the types of projects eligible for incentive funding, the corresponding efforts and processes required to obtain such funding, as well as services IBM and Neuwing can provide to help companies plan, implement, and claim both real dollar incentives and Energy Efficiency Certificates as part of the energy efficiency project implementation. It includes a case study that illustrates how Neuwing applied its proprietary Return on Energy Efficiency (ROE2™) methodology to accurately measure energy reductions in IBM's internal data centers and obtain substantial state and utility incentive payments for IBM. In addition, it documents the benefits of Energy Efficiency Certificates, a quickly emerging commodity that provides a credible mechanism for companies to document permanent energy reductions associated with energy efficiency improvements.
If you'd like more information about this topic or would like to schedule an interview, please contact Joshua Maltby at jmaltby@neuwingenergy.com.
About Neuwing Energy Ventures
Neuwing Energy Ventures is a leading provider of commercial energy strategies that focus on financial performance and environmental responsibility. We deliver strategy, engineering, and financial consulting services that improve the investment returns and transparency of reporting for energy efficiency and renewable energy initiatives. Neuwing tailors unique strategies to help its clients maximize additional revenue streams, cost reductions, and energy savings by leveraging market opportunities, operational efficiencies, and government incentives. For additional information, please visit us at: www.neuwingenergy.com
