CEO Wimberly quoted on clean investments
Green Funds Clean Up
Argus Monthly Global Emissions, Volume VI, 4, April 2007, p. 19
©2007 Argus Media Ltd
One of the biggest obstacles holding certain technologies and companies back “will be an over-reliance on government intervention and subsidies, leading to a lack of attention to the creation of customer value,” warns the chief executive of the Distributed Energy Financial Group (DEFG), Jamie Wimberly.
DEFG has created its own Distributed Energy Stock Index of clean energy companies and is particularly interested in energy efficiency, demand management and controls and demand response. Enabling technologies such as controls, sensors and advanced materials “bear watching,” Wimberly argues, and have the ability of cross over from one industry to another.
“Consumers are going to look to means to quickly manage their energy costs without a lot of expensive outlays up front,” Wimberly says. Demand response, for instance in the form of advanced metering, “Will actually pay the customer not to consume.”
Power of the Index Attracts Investors
Argus Monthly Global Emissions, Volume VI, 4, April 2007, p. 21
©2007 Argus Media Ltd
Despite the present popularity of clean energy, it remains to be seen whether there will be sufficient long term interest and a wide enough pool of companies for so many ventures to thrive.
Index providers argue that it is the composition of each of their indexes that makes them unique. Distributed Energy Financial Group (DEFG), which publishes the Distributed Energy Stock Index, says that many competitors tend to under-represent innovative technologies – for instance in the area of controls or storage. Such technologies “are critical in optimizing the renewable energy unit,” says DEFG chief executive Jamie Wimberly.
To view full article, go to www.argusmediagroup.com, Argus Monthly Global Emissions, Volume VI, 4, April 2007, p.21.
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