Lara Ettenson, Director of the Energy Efficiency Initiative, Climate and Clean Energy Program, discusses how California is paving a path for energy efficiency innovation.
Ettenson shares that The California Public Utilities Commission recently approved a decision to invest in an initiative to fund innovative and early-stage solutions to reduce energy waste with the goal of them becoming widely available to all California residents.
Ettenson writes that the decision will create a path to explore how emerging technologies can more quickly save even more energy, as well as how new energy efficiency programs can help build a strong workforce and reach residents statewide, no matter where they live or how much they earn.
The Commission's key decision changes include establishing an independent statewide market transformation administrator, authorizing a $250 million budget to invest in testing out new ideas, creating an informal advisory board, and setting up a path to determine how best to value innovation in this new market transformation framework. Read the Entire Article
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Giraffe, the South African start-up using technology to help tackle unemployment in South Africa through an automated recruitment service, has announced it has raised a seed round of funding led by Silicon Valley venture firm Omidyar Network.